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What Rules Do Appraisers Have to Follow?

April 26, 2017appraisers Follow rules

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What Rules Do Appraisers Have to Follow?

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Each state has its own appraisal requirements. When an appraiser is licensed by his or her state, he or she must adhere to those requirements. In addition, when an appraiser is performing an appraisal for a lender, the appraiser must adhere to the lender’s requirements as well.