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Appraisal Institute Calls on Congress to Pass ‘Green’ Real Estate Bill (Appraisal Institute)

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(Source: Appraisal Institute) CHICAGO (June 7, 2013) - The nation's largest professional association of real estate appraisers announced its support today for federal legislation that would improve the mortgage underwriting process by ensuring appraisers are provided relevant property information relating to green and energy-efficient features. The Appraisal Institute expressed its backing of the recently introduced Sensible Accounting to Value Energy Act of 2013, which is sponsored by Sens. Michael Bennet, D-Colo, and Johnny Isakson, R-Ga. "We strongly support the SAVE Act because it would require the use of qualified, competent appraisers," said Appraisal Institute President Richard L....

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