PROFESSIONAL QUALIFICATIONS - USPAP INSTRUCTOR

My working knowledge of USPAP spans the time of its existence, and before. I started my appraisal career in 1980, took the AIREA’s pre-USPAP Standards courses and remember the R41b, c, etc seminars that led to the USPAP education of today. My goal as an AQB Certified USPAP Instructor is to make the 7 Hour Update something that appraisers will look forward to, every two years and to provide appraisers with information that will help them in their everyday practice.

I’ve been in the “trenches” with appraisers on USPAP because I ran my own appraisal practice near Atlantic City, NJ for nineteen years, with up to six appraisers, from time of the recession of 1980-81, through the “S&L Crisis of the late 1980’s up to the cusp of the new millennium. Then, I worked as a Multifamily Review Appraiser at HUD’s Philadelphia office for six years while I was finishing law school and taking bar exams. When I helped defend Atlantic City’s tax assessments several years ago, my appraisal experience, and knowledge of USPAP, were the key factors in several multi-million dollar tax appeal matters.

One of my current cases involves a potential lender liability issue. I recently settled a tax appeal matter where I was able to project the number that the assessor would use to counter my client’s appraisal. On October 13, 2010, I will be co-presenting a webinar on how to perform Repurchase Demand Rebuttal Appraisals under USPAP.

In 2009, I passed the National USPAP Instructor Course and successfully represented an appraiser client in a “repurchase demand rebuttal appraisal” matter.

Starting in 2006, I wrote a series of articles on USPAP for users of appraisal products that were published in NJPA (now-MidAtlantic) Real Estate Journal and the Press of Atlantic City. Please go to my website Publications page.

In November 2006, I developed and presented the below-referenced appraisal law seminar to the Southern NJ Chapter of the Appraisal Institute. The focus of the seminar is on the relationship between disciplinary actions, state law & regulations and USPAP.  That seminar is still available for presentation and can be seen on the Presentations page.

When I went to HUD in 1999, that Agency was only then reluctantly implementing the directive that federal agencies were to adopt USPAP, which was issued in January 1993. This required me to create my own appraisal instruments that were USPAP compliant and would fulfill the requirements of the managers who rated my performance. In the process of finishing law school during that time, I created three research papers on USPAP, either for independent studies or as part of my writing requirement for membership on law review.

At HUD, I functioned as the team leader’s appraisal expert in the resolution of a dispute over whether the HUD Rent Comparability Study was an Appraisal Report, under Standard 3 or an Appraisal Consulting Report, under Standards 4 & 5. The HUD team set up the parameters of HUD’s needs for the RCS report. After researching statues and interviewing board members in the jurisdiction of my HUD office (NJ, PA, DE, W.VA), I helped create a product that could be considered to be either an SR 3 or SR 4 report, at the discretion of the state appraiser board. My team leader and I conferred with TAF officials and I negotiated with AARO’s President to make sure that regulator concerns were included in the final product.

Even though I have lived with USPAP for years, I know that there is so much more that we all need to know. That’s why I’m interested in seeing appraiser professional standards education go beyond USPAP, in particular to support the Appraiser Independence under the Mortgage Reform Act of 2010.

My wife, Patti Scardilli, is on the Faculty at the Univ of Phoenix, where she teaches the 400 level undergraduate Interdisciplinary Capstone Course “Ethics & Critical Thinking”. She has a Master’s Degree in education, with a concentration in cross-cultural teaching and is a former elementary school art teacher. She assists in educational methodology and on visual presentation of the required AQB materials.

One of my goals in teaching a USPAP seminar or course is to supplement the AQB’s core requirements by challenging students to discuss ethics and critical thinking about USPAP. Another objective is integrate the AQB core requirements with discussions regarding current events in Appraisal Law, such as the Mortgage Reform Act and the changes that it will bring to the appraisal profession.