8B — February 18 - March 17, 2022 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
Southern New Jersey Chapter www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952 IMPORTANT SEMINAR ALERT! ANSI, Fannie Mae and Other HOT TOPICS Friday, February 18, 2022 8:30am–12:30pm Instructor: Jared Preisler SRA, AI-RRS
2022 BOARD OF DIRECTORS
PRESIDENT Joseph V. Heenan, MAI, SRA jheenan@gsvcsllc.com VICE PRESIDENT Sherrie Lisa Galderisi, SRA, AI-RRS Sherrielisa43@aol.com TREASURER Robert Klein, MAI, AI-GRS Rob.klein@cushwake.com
This seminar will prepare the appraiser for the Scope of Work changes taking effect on April 1, 2022, with Fannie Mae assignments. Review both the Improvement and Exhibit sections of the B4-1.3 selling guide. Present the key features and requirements of residential square footage based on the ANSI 2021. Lastly, it will provide guidance on USPAP requirements for reconciliation and disclosure within the report and workfile. Course will provide: • Overview of the different Types and Sources of Data specifically focusing on Appraiser, MLS and Assessor square footage and the USPAP requirements for reconciling and reporting. • Basic techniques and procedures for measuring single-family residential dwellings. • Overview of the methods used by the American National Standards Institute Square Footage-Method for Calculating ANSI Z765-2021. Based on ANSI standard, review GLA and finished living area for many different style of homes including complex 1 ½ story, Two Story with sloped ceilings, dormers and Split- Entry/Bi-Level partial floor in basement and other common challenges. • Review changes to the Improvement and Exhibits section of Fannie Mae selling guide and their impact on appraisal practice, including how to handle Accessory Dwelling Units. • Review USPAP requirements for reconciliation and disclosure within the report and workfile. REGISTER NOW! www.ai-snj.org Installation and Dinner Meeting: Another Informative Success
SECRETARY Mary Fox, MAI foxmai@aol.com
DIRECTORS Joshua D. Garretson, MAI, AI- GRS, AI-RRS
Lee Ann Kampf, MAI
Jerry McHale, MAI
Maria Nucci, SRA, AI-RRS
R.
HOW NICE IT WAS TO BE BACK HOME AMONGST FRIENDS!!!! On Thursday, December 2nd, the Southern New Jersey Chapter of the Appraisal Institute hosted its first in-person dinner meeting since January 2020 in the beautiful Adelphia Ballroom. Forty people attended as the 2022 slate of officers and directors were installed including Chapter President Joseph V. Heenan, MAI, SRA. At the last minute, we lost our keynote speaker from the National office. However, our friends with Region VI stepped right up and pitched in and handled all of the formal duties, including delivering a State of the Appraisal Institute report. Thanks to Mike Mignogna, MAI, AI-GRS, and Richard Wolf, MAI for helping us out! A well-earned designation certificate was presented to Maria Nucci, SRA, AI-RRS. Another highlight of the evening came with the presentation of the George Olasin award to Mary Fox, MAI.
Meghan Payne, MAI
Kathleen Turley
PAST PRESIDENT: Michael Descano, MAI
www.ai-snj.org
Visit www.ai-snj.org for registration information
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