ANSI and “Who Knows What”

ANSI and “Who Knows What”

Before 2022, appraisal reports contained an assortment of square footage details reported from different sources. The subject was measured by the “who knows what” method with different methodologies used all across the country. The comparables were a combination of...
ANSI

ANSI

Starting April 1, 2022 Fannie Mae begins mandating the ANSI standard. This is a great time to read the standard, read a book, or take a class to refresh your knowledge of ANSI. The biggest mistake we’ve found to date is that people make a one line disclosure to...

Is ANSI for Appraisers Really the Answer?

Is ANSI for Appraisers Really the Answer? The real estate industry has a square footage credibility problem. ANSI has been out since 1996 with no new pages added and very few changes. In a constantly changing industry with new home styles and designs, change is a...