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What constitutes a knowledgeable person who is qualified to prepare waiver valuations?

April 26, 2017constitutes knowledgeable person prepare qualified valuations waiver

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What constitutes a knowledgeable person who is qualified to prepare waiver valuations?

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The regulation calls for a waiver valuation preparer to have sufficient understanding of the local market. The funding agency may issue further guidance, however, it is expected that the person will be knowledgeable of local real estate sales.