The Chapter Welcomes You!

We are home to Indiana’s premier appraisers. As the local organization of the Appraisal Institute, we host chapter meetings and sponsor educational offerings.

Our purpose is to serve our AI professionals with its Branch Chapters by recognizing the geographic and professional diversity in providing services which enhance the abilities and opportunities of its professionals enabling them to achieve their objectives in a professional and ethical manner.

This web page provides information from the Hoosier State Chapter to our AI professionals and the public. For more information, or if you are interested in joining our organization, visit the national home page of the Appraisal Institute.

Region V Meeting- September 30 and October 1, 2022

The Alexander: 333 Delaware St., Indianapolis, IN 46204

More details to come!

 

2023 Election Results- Hoosier State Chapter

You can view the election results at this link Election Results 2022 for 2023

 

Hoosier State Chapter 2022 2nd Quarter Newsletter

The 2022 2nd Quarter HSC Newsletter PDF can be viewed at the following link HSC Newsletter- Q2 2022

 

2023 Election Notice

2022 Notice of Election for 2023 Officers

 

JOB OPPORTUNITY

The US Forest Service will soon be announcing five Senior Review Appraiser positions.  Three of these cover the Mid-west/Eastern Region. The positions are being offered as traditional office or fully Remote (typically your home) with geographic limitations and offer full benefits.  A relocation incentive may be offered for a duty location in Milwaukee Wisconsin.  Check the Job Board (under the Resources Tab) on this website for additional information.

 

MIBOR Article Featuring Randy Scheidt, MAI, SRA

Read it here.

 

 


 

2020-21 USPAP Extended for One Year

 

(Washington, DC) February 19, 2021 – The Appraisal Foundation’s Appraisal Standards Board (ASB) announced today that the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP) will be extended by one year. The 2020-2021 USPAP will now be effective until December 31, 2022.

 

“USPAP has been a living document since its adoption in 1987. Initially, changes were being adopted so frequently, they were simply being added as inserts into a large binder. As time has progressed the updating cycle lengthened to one year and now two years. Like every profession, COVID-19 has had an unprecedented impact on the appraisal profession and how we conduct day to day business. Pressing issues have arisen in our profession over the past year ranging widely from concerns about fair housing matters to how to conduct a socially distanced property inspection. USPAP is a maturing document, and it can take longer to study the complex issues facing our profession and how they will impact our standards. We believe all of these are all critical issues and deserve thoughtful consideration before we issue guidance,” said ASB Chair Wayne Miller.

 

“With that in mind, we have decided to extend the effective date of the current USPAP by one year. This will provide continuity to the profession during this pandemic while also giving the ASB the appropriate time to carefully examine the challenges facing our profession before offering additional guidance.”

 

To learn more about this announcement, please visit The Appraisal Foundation website, appraisalfoundation.org or click here to read our Frequently Asked Questions, including how this decision impacts continuing education courses.


 

Fannie Mae – Temporary Guidance From Fannie Mae

Fannie Mae has issued temporary guidance on appraisal requirements, including allowing desktop and exterior-only appraisals on many mortgage transactions, in Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, which will be updated as needed.

Page 4 of LL-2020-04 includes links to modified certifications and instructions for both Desktop Appraisals and Appraisals with Exterior-only Inspections. Please review these documents and note instructions for appraisers to copy the text indicated in its entirety and paste into their reports. You can access the Lender Letter and other resources on the Appraisers Page.

Sep
30
Fri
Region V Meeting Hospitality Social- Q4 2022 @ The Alexander
Sep 30 @ 5:00 pm – 6:30 pm

The Hoosier State Chapter is excited to be hosting the first regional meeting since 2013 as the Region V 4th Quarter meeting will be held September 30th & October 1st in Indianapolis. All Chapter members are encouraged to attend. There will be a Hospitality Social on Friday September 30 from 5:00pm to 6:30pm that is FREE to attendees.  If you are interested in attending, please email Shannon at aihoosierstate@sbcglobal.net.  Those interested in sponsoring the event can also contact Shannon.  “Regional Committee Meetings start at 10:00AM on Saturday, October 1st.  Please email the chapter office if interested in attending or being a sponsor.”

Oct
1
Sat
Region V Committee Meeting @ The Alexander
Oct 1 @ 10:00 am – 4:00 pm

“Regional Committee Meetings start at 10:00AM on Saturday, October 1st.  Please email the chapter office if interested in attending or being a sponsor.”

Dec
8
Thu
Board and Chapter Meetings/Installation Banquet- 4th Qtr @ Ruth's Chris
Dec 8 all-day

This year’s installation banquet will be held at Ruth’s Chris located in Ironworks Indianapolis.  Rooms at the Ironworks Hotel will be available.  More details to come.

National Events

To view the Appraisal Institute’s upcoming national events, click here.

2020 Hoosier State Chapter President, Erick Landeen, MAI, (right) with Richard L. Borges II, MAI, SRA, AI-GRS, AI-RRS (center) and Randy Scheidt, MAI, SRA (left)

http://www.airelief-foundation.org/
http://www.airelief-foundation.org/

Click here to visit the AI Relief Foundation website to request assistance or donate.