Certified Residential Appraiser


Also found in: Acronyms.

Certified Residential Appraiser

A state certification for residential appraisers.

References in periodicals archive ?
As a business owner and Illinois Certified Residential Appraiser in good standing, and as a victim of identity theft, I believe a more realistic description of this problem is required.
Only major reforms will combat I.D. theft
Again, in my view, because of concerns from lending clients and from regulators that there would not be enough appraisers, under FIRREA the education qualifications for state licensed and certified appraisers were established-back in 1991--at relatively low levels: 120 hours to be a state certified residential appraiser and 180 hours for a state certified general appraiser.
Bringing professionalism back to the appraisal profession
Please, please, please make me more qualified than the minimum standards that are set for the state certified residential appraiser, make them the ones that have a minimum amount of education concerning AVMs and let me fee my product based upon my expertise!
Members speak out on AVM issues
At the trial, the Hromisins' certified residential appraiser testified to an assessed value of $10,400 based partially on a review of 12 comparable properties.
Undervalued properties not entitled to assessment reduction based on the community's lowest ratio of assessed value to market value
The two levels of state certification are designated as certified residential appraiser, which equates to a licensed appraiser at the federal level, and general certified appraiser.
Survey of the effects of state certification on appraisers
The proportions of certified residential appraisers (56.7 percent) and general/ commercial appraisers (32 percent) increased slightly from year-end 2013.
Real estate appraisers declining in the U.S
Recently this situation has been corrected within the Appraisal Qualifications Board's new requirement that all newly licensed residential and certified residential appraisers must attend a two-day course on "Residential Market Analysis and Highest and Best Use" and pass the course exam; nonresidential appraisers must attend a four-day class.
Market conditions: a new focus for residential appraisers
Certified residential appraisers may perform work for all residential transactions, but only on non-residential transactions under $250,000.
New rules to lead to more qualified appraisers
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