Judging from the emails that have been rolling in, some appraisers are not at all happy with Fannie Mae’s recent decision to change their appraisal guidelines regarding measurement. 

In case you missed it: Effective April 1, 2022, according to Fannie Mae, “Appraisers must follow the 2021 ANSI Square Footage-Method for Calculating - ANSI Z765-2021- when measuring, calculating and reporting the gross living area and basement square footage of the subject property. Loans are not eligible for purchase by Fannie Mae if the appraisal does not report the gross living area in conformance with this standard.”  

In this episode Bryan suggests some ways to de-stress and take positive action — such as listening in on our upcoming webinar with Fannie Mae.