Appraisal Review Workshop- "Intensive Study Of The Appraisal"

COURSE DESCRIPTION: 

This Appraisal Analysis Workshop is a fully interactive 6-hour online webinar designed to teach you the details that are required in each section of the real estate appraisal. You'll learn the details on what the industry looks for in these reviews to prevent fraudulent appraisal practices. You'll also gain the details and a complete understanding of the Sales Comparison Approach, Income Approach and Cost Approach, and much more!  Enroll today, and we'll teach you everything from A to Z in order to develop the necessary skills to review real estate appraisals!

COURSE OUTLINE:

  • Describe the details that are required in each section of the appraisal.
  • Provide details on what the industry looks for in these reviews to prevent fraudulent appraisal practices.
  • Review and provide details for the Sales Comparison Approach, Income Approach and Cost Approach.
  • Give detailed information that enables Underwriters to determine if there is fraudulent information provided with regard to Comps used or Sales History.
  • Review and provide details of the schedules attached to Appraisal Comps Map, Floor Plan Sketch, USPAP Addendums, and any Addendums that provide detailed information on the “Special Aspects” of the subject property being reviewed.
  • Give details of most recent changes that agencies have required.
  • Review the 1004C Market Addendum in full detail to show how the information on this Addendum must support the information on Pages 1 & 2 of the URAR.
  • Explain the recent changes that took place when HVCC became law. Give details and LOX on why Loan Officers are not allowed to speak with Appraisers anymore.
  • Explain in detail the most recent changes to FHA/CONV Condo Guidelines & what is now entailed in getting and keeping Condos approved and updated within HUD’s DELRAP System.
  • Document how Fannie and Freddie requirements have meant big changes to how Condo lending is done.
  • OPEN FORUM Q&A - Ask the Expert

 COURSE FORMAT:

  • Live, Instructor-Led Online Webinar -- Held Monthly
  • Fully Interactive -- Ability to Ask Questions to Instructor
  • FREE Unlimited Training for 1 Year
  • 6 Hours Total
  • All Course Material Included
  • Certificate of Completion
  • Recorded Self-Study Included at NO Extra Charge, Watch 24/7
  • Job Placement Resources (Upon Request)

WHO SHOULD ATTEND: 

Any mortgage professional looking to become an expert at analyzing real estate appraisals. 

HOW IT WORKS: 

1. You need a Computer, Internet Connection (DSL speed or higher), and Computer Speakers.

2. Each day of class you will be emailed an invite with your log-in/password. From here, you can click the link, enter your password, and download/print that day's course materials. Finally, you'll be able to log into the class up to 1/2 hour before the class start time.

3. Once the class starts, you will hear the instructor speak through your computer speakers. You will also have the ability to ask questions through the online chat feature located on the right-hand side of our online training platform. We encourage you to ask LOTS OF QUESTIONS! 

ABOUT THE INSTRUCTOR: 

As an active FHA DE and VA SAR Underwriter herself, Anna Skrabak has 15+ years of underwriting experience working for several major lending institutions all over the country. In addition to underwriting Anna also has experience in processing, closing, funding, and operations management. During class Anna works with you directly to review and respond to all your questions. After your class finished, feel free to email Anna directly with any further questions you may have. 

SYSTEM REQUIREMENTS: 

You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. Note: dial-up internet connection will not work and wireless internet must have a full signal. 

GRADUATION: 

Upon successful course completion, you will be emailed your Certificate of Completion within 5-7 business days. 

REGISTRATION DEADLINE: 

Each live class has no more than 30 students. With this in mind, live classes typically fill up 1-3 weeks ahead of time. NOTE: It is highly recommended you reserve your spot early for the live session, and in the meantime, we can provide you with the Recorded Self-Study (at no extra cost), so you can begin your training immediately.

Appraisal Review Workshop- "Intensive Study Of The Appraisal"
Select Options Your Price
$395.00