Awasome Mai Appraisal Designation Ideas

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Mai Appraisal Designation. An appraisal written by an mai offers lenders an assurance for a quality analysis that allows them to be confident in the value of the collateral. The mai designation is for a certified appraiser and member of the appraisal institute who has met strict testing, standards and experience requirements.

Joseph J. Blake & Associates’ director Maloney awarded the Appraisal
Joseph J. Blake & Associates’ director Maloney awarded the Appraisal from nerej.com

While the acronym does not have a substantial meaning to most people in and of itself, the experience and education required to achieve the mai designation encompasses completion of the most rigorous coursework, report writing and examination process for any appraisal designation. The mai designation is often the benchmark of competence that is recognized by real estate investors, government agencies, courts of law and lending. In addition to maintaining state certification, real estate appraisers who wish to earn and maintain the mai designation must.

Joseph J. Blake & Associates’ director Maloney awarded the Appraisal

In the state of colorado, this is accomplished by taking 300 hours of initial qualifying. Obtaining the mai designation usually takes 5 to 10 years. Its mission is to support and advance its members. To become a mai member of the appraisal institute, an individual must: