Question:  I took your class in March (03/21 to 03/22) and I had my license updated shortly after (03/26/07 +/-).  I tried to renew my FHA status, but ASC has not been updated by the Georgia Appraisers Board at the time.  Do you know why this would happen?  What do you think I should do?  My FHA status expires 04/30/08.

 

Answer:  Georgia updates ASC on the 15th day of each month (or the first business day after the 15th).  Sometime they are late.  I remember one month when they didn't update until the 22nd because the guy responsible for the update was on vacation.

 

Keep checking the ASC Web Site to make sure your license has been updated and then send your renewal request to HUD.  They give you a 30-day grace period for renewal so you won't lose your status until May 31.

 

You should always check ASC BEFORE you send your license renewal request to HUD.

 

Anybody who does FHA appraisals on a regular basis should not procrastinate on renewing his/her license.  Try to renew two or three months in advance.  At the very latest, renew by the 14th of your birth month. If the 14th falls on a holiday, renew on the previous business day.  If you don't, FHA will put "In 30-day Grace Period" by your name on the FHA roster.

Page url: http://www.georgiaappraiser.com/everythingappraisal/?updating_roster_status.htm