NYSAN Members will be invited to a meeting on June 20th, 2008 at 6pm, via our private message board. www.newyorkappraiserforum.com  NYSAN Members should enroll in the system so you can participate in the online discussion. We have also sent each member a private password to allow you into the NYSAN Meeting password protected section. June 20th was a great success! Over 3,900 views- 2 hour discussion. We also have a chat forum for speaking real time with fellow NYSAN Members. You must pre-register with   http://www.websitetoolbox.com/tool/mb/newyorkpros  and click on Chat. On-Line NYSAN Meetings are at: http://www.websitetoolbox.com/mb/newyorkpros?forum=119421

NYSAN volunteers worked on how to offer appraisal products to clients who want to order appraisals through our NYSAN Appraisal management Network. We have, as a committee voted upon and agreed to the following fee schedule: (the meeting was web based and took approx 2 hours to discuss and agree on the below price  structure. Bill Merrell did not vote, and decided that he would only vote in the event of a tie. The pricing structure, after discussion was unanimously agreed to by the  committee)

• Single Family FNMA/FHLMC Appraisal ......................................................$ 325.00

• Multi-Family     "               "               "   2 Family.............................................$ 400.00

• Multi-Family     "               "               "   3 Family.............................................$ 440.00

• Multi-Family     "               "               "   4 Family.............................................$ 475.00

• Condominiums FNMA/FHLMC Appraisal....................................................$ 350.00 (Any Management Charges imposed would be an added charge)

These are the agreed upon pricing for NYSAN's Appraisal Management Network. This was based upon careful review of other firm pricing, amc's pricing structures, and what we believed would be a fair and reasonable. A; To generate clients who wanted to use NYSAN members for all their appraisal needs & B: To benefit the public with fair pricing.

We also recommend you join Active Rain, so we can link you through our network. The referral system link is: 

http://activerain.com/action/referrals/merrell

Our NYSAN Members are also members of Active Rain. This gives our members double exposure. All members can decide if they wish to join Active Rain, which is definitely recommended. There is no additional fee to join Active Rain.

We are pleased to announce that we are entering the second phase of our Network Organization. We have met our first goal of enrolling Qualified, Certified Appraisers to make our Professional Network in New York State a reality.

Although we do not plan to reopen membership, we are considering accepting additional appraisers, based upon their location and qualifications.  Thanks to everyone for making our initial NYSAN Membership drive a success in NYS and thanks to the multiple lenders who have already committed to the NYSAN's Network in 2009 to meet HVCC guidelines.

LENDERS/MORTGAGE BANKERS/MORTGAGE BROKERS: CALL US OR E-MAIL US AND WE WILL SEND YOU A VERY STRAIGHT FORWARD INFORMATIONAL PACKAGE WHICH WILL EXPLAIN THE BENEFITS OF JOINING NYSAN. WE HAVE OVER 100 CERTIFIED APPRAISERS THROUGHOUT NEW YORK STATE AND WE EXPECT TO BE THE FIRST PLACE TO CONTACT FOR YOUR APPRAISAL NEEDS. IT IS FREE FOR YOU, AS A LENDER/LOAN OFFICERS/MORTGAGE BROKER/MORTGAGE BANKER TO JOIN. NO STRINGS ATTACHED. ONLY HIGH QUALITY, EFFICIENT, EFFECTIVE AND USPAP COMPLIANT APPRAISALS.

 www.newyorkappraiserforum.com   Free Appraiser Forum for Professionals  You need the security code to access NYSAN meetings on line.

New York State Appraisal Network

N.Y.S.A.N.

New York State Appraisal Network

1461-17 Lakeland Ave, Bohemia, NY 11716 

631-567-6776

Application to join N.Y.S.A.N. voluntarily  "before we close registrations" We have met our appraiser goal! Thanks! Once we achieve over one hundred appraisers, we will stop enrollments and begin to enrolling lenders who wish to work with NYSAN to meet the guidelines associated with the Attorney General HVCC requirements. Enrolled appraisers will have access to Lender packages to submit applications to lenders/bankers/mortgage bankers/mortgage brokers/loan officers who wish to join NYSAN directly. If we consider additional appraisers for NYSAN membership, we will establish a waiting list.

If you are a New York State Certified Appraiser, you are eligible to join the New York State Appraisal Network. Call us at 631-567-6776 or sign up with above link. We have met our goal to date. If you wish to be considered for membership, we are now taking names, and placing potential members on a waiting list. We will determine at a later date, when and if we will reopen membership.

Each NYSAN Appraiser must meet the following criteria:

• Valid NYS Certified Appraiser-Certified Residential or Certified General

• Documentation and Certification of Up-To-Date Continuing Education

• An Existing and Up-To-Date Errors and Omission Insurance Policy

We do not review the appraisal. Each appraiser is responsible to perform each appraisal to NYS, USPAP and FNMA/FHLMC Guidelines. The Appraiser issues and certifies the appraisal directly to the lender/mortgage broker/loan officer. The original order will determine the exact name of the firm the appraisal must be certified the appraisal to.

Each appraiser shall collect the fee for each assignment at the door, or in advance of each assignment. The assignment is not contingent upon a pre-determined or minimum value, which would be a USPAP violation.

The Appraiser, shall each week, remit the sum of $ 25.00 per appraisal order to NYSAN as the appraisal management company for this transaction. Only Appraisers who are enrolled with NYSAN will receive appraisal orders.  Appraisers hold harmless NYSAN from any and all liability. The appraiser assumes responsibility for each appraisal. The appraiser is compensated for each appraisal (either as a pick-up at the door or paid in advance) NYSAN does not collect the appraisal fee. The fee paid to NYSAN, by the appraiser ($ 25 per assignment) is for their efforts as a 3rd party issuing assignments received by loan officers and mortgage brokers. The $ 25.00 fee paid to NYSAN is for administrative duties only, not for anything related to the appraisal.

With the realization that appraisals and the ordering process will change drastically effective 1-1-09,  NYSAN is taking a major role in assisting appraisers to remain independent, and allowing loan officers and mortgage brokers to order appraisals through NYSAN. NYSAN will then submit the order to a NYSAN Independent Appraiser. 

NYSAN offers a professional service, with a personal touch. NYSAN is not a national clearinghouse with an impersonal attitude.

Appraisers who want more information should contact us at 631-567-6776.

Loan Officers and Mortgage Brokers should  contact us at 631-567-6776

There is no fee for a Mortgage Broker or Loan Officer to use our service.  Appraisers must register to participate in NYSAN services.

  Active Appraisers in New York State is as follows: (6-3-08) Assistants are not listed at www.asc.gov 

You need to call us to receive an application. Read it carefully, and complete both the application and mail it in with all documents requested. It will be reviewed and you will receive information concerning your enrollment within 10 days of receipt of your application.

NYSAN “New York State Appraisal Network”

www.newyorkstateappraisalnetwork.com

A New Direction ! A New Beginning ! A Way To Protect The Appraisal Process !

~We are seeking Appraisers who want to join the NYSAN Ranks

~NYSAN will operate in a New York Appraisal Management Company framework, and assign appraisals to NYSAN Affiliated Appraisers from users of appraisal services.

~Users may include Lenders, Mortgage Brokers, Mortgage Bankers and Loan Officers.

~The Client who is ordering the Appraisal will not pre-determine the outcome.

~Appraisers will determine and be an advocate for the value, not a rubber stamp for a client.

~NYSAN will certify that we (NYSAN) received the order, assigned the order, and that the client did not order the appraisal directly to the appraiser. This will minimize any pressure on the appraiser to achieve a value, which would be a violation of USPAP. A letter stating this will be presented to client with each order.

~The appraisal was not contingent upon a pre-determined value, as stated above.

~Payment is made at the time of the inspection. The payment is not contingent on a value.

~The fee to the Appraiser is $ 100 annually and $ 25 per appraisal to pay for the NYSAN operations, which includes, phone service, files, retention of appraisals, etc.

~The fee to the Client (Lender, Loan Officer, Mortgage Broker or Mortgage Banker) is Free. The client agrees not to request contingent appraisals and to put into effect all steps necessary to make sure the final value achieved is not pre-determined by anyone. The Appraisal. itself will determine the Fair Market Value, as of a specific date for a specific purpose.

~We find, we must limit the number of individual appraisers to under 100. This way, we can focus our energies on  a viable, high quality management concept, in which appraisers affiliated with NYSAN are assigned appraisal orders as they are ordered via the NYSAN Appraisal Management Companies Network System.

Questions? Call us at 631-563-7720 or 631-567-6776

Appraisers accepted to NYSAN will also be issued affiliate membership to the North American Association.

Note: As of 4-11-08: Thanks to our supporters, Appraisers and Lenders. We are reaching the 100 appraiser mark. Once this amount is achieved, the registration process for appraisers will have concluded. Those who are already registered, will receive an information package via the USPS within the next 2 weeks. NYSAN's Appraiser Administrator Bill Ciorciari will make final determinations with the remaining openings, to best serve the geographic region. The U.S.P.A.P. Appraisal Advisor for NYSAN, Andrew Mantovani, will be sending  USPAP updates to our NYSAN Appraisers as well.

Once we achieve the needed appraisers to proceed, we will password protect each item in this web site to allow only NYSAN members access. We recommend that each NYSAN Member reads the lleter sent out by FNMA AND FHLMC to lenders. This suggests that the implementation of the regulations will occur sometime around September, 2008, since it take 3-4 months for loans originated to actually be sold to FHLMC or FNMA. The voluntary agreement states clearly that no loan will be bought if the loan and the appraisal does not confirm to these guidelines.

www.NewYorkStateAppraisalNetwork.com

www.NorthAmericanAssociationNetwork.com

All Members will send e-mails to nysanamc@gmail.com   we now have over 25,000 gig's of storage to keep copies of each and every appraisal through our appraiser driven Appraisal Management Company- NYSAN- New York State Appraisal Network, 1461-17 Lakeland Ave, Bohemia, NY 11716 631-567-6776

Are you being investigated by a municipality, the NYS Dept. of State or the Attorney General's office, the FBI, or one of many other state or federal agencies? I think you owe it to yourself to have your situation looked at by an independent third party experienced individual (Bill Merrell). If you want a comprehensive evaluation, check out our Advocate Web Site: www.NYSAppraiserAdvocate.com

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