Key Questions Market Analyst – Yes No Does the market analyst have the knowledge and experience to complete the assignment competently? . Is the market analyst currently active in the market analysis of other healthcare properties? Is the market analyst experienced in the market area that the subject property is located in or established expertise by a thorough investigation of the market? Did the market analyst personally inspect the property, perform the market analysis, and prepare and sign the market study? Key Questions - Appraiser Yes No Is the appraiser is a Certified General Appraiser under the appraiser certification requirements of the state where the subject property is located as of the effective date of the appraisal? (See note below this section.) . Does the appraiser meet the requirements of the Competency Rule described in USPAP? Did the appraiser sign the appraisal and the required certifications? Is the appraiser currently active in the appraisal of other healthcare properties? Is the appraiser experienced in the market area in which the subject property is located, or establish competency as per USPAP? Did the appraiser meeting the above qualifications, personally inspect the property being appraised? If more than one appraiser worked on the appraisal, did they all sign the report and certifications? NOTE: If you answer to any of the questions above, the appraiser does not meet HUD “no” requirements. The appraiser must be a Certified General Appraiser under the appraiser certification requirements of the state that the subject property is located, as of the effective date of the appraisal (temporary certifications are permissible) and must meet all requirements of the Competency Rule of the USPAP. Lender verification of an can be appraiser’s current standing . done at Housing Consultant (if applicable) Name of consultant: Relation to borrower, if any:
Key Questions – Market Analyst Yes No Does the market analyst have the knowledge and experience to complete the assignment competently? . Is the market analyst currently active in the market analysis of other healthcare properties? Is the market analyst experienced in the market area that the subject property is located in or established expertise by a thorough investigation of the market? Did the market analyst personally inspect the property, perform the market analysis, and prepare and sign the market study? Key Questions - Appraiser Yes No Is the appraiser is a Certified General Appraiser under the appraiser certification requirements of the state where the subject property is located as of the effective date of the appraisal? (See note below this section.) . Does the appraiser meet the requirements of the Competency Rule described in USPAP? Did the appraiser sign the appraisal and the required certifications? Is the appraiser currently active in the appraisal of other healthcare properties? Is the appraiser experienced in the market area in which the subject property is located, or establish competency as per USPAP? Did the appraiser meeting the above qualifications, personally inspect the property being appraised? If more than one appraiser worked on the appraisal, did they all sign the report and certifications? NOTE: If you answer “no” to any of the questions above, the appraiser does not meet HUD requirements. The appraiser must be a Certified General Appraiser under the appraiser certification requirements of the state that the subject property is located, as of the effective date of the appraisal (temporary certifications are permissible) and must meet all requirements of the Competency Rule of the USPAP. Lender verification of an appraiser’s current standing can be done at . Housing Consultant (if applicable) Name of consultant: Relation to borrower, if any:
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