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REO Appraisal: Appraisal of Residential Property Foreclosure

EMAIL   Date: September 5, 2008   Location: Rockville, MD
 
  Seminar    
Category  Other [Oth]  
Attendance Hours  7.0  
Current Price  $ 195.00 Member *
$ 215.00 Regular *
* includes late fee
Late Fee  $ 20.00
 
  Instructor    
Mark V. Smeltzer, SRA  
    
 
  Location    
Name  Universities at Shady Grove  
Address  9630 Gudelsky Drive  
City  Rockville  
State  MD  
Zip  20850-5822  
Phone  (301) 738-6023  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Washington DC Metropolitan Area
Website  www.appraisalinstitutedc.org  
Contact Name  Peter Houstle  
Email  info@appraisalinstitutedc.org  
Phone  (301) 924-1020  
Fax  (301) 238-4579  
 
  Description    

Changes in lending practices and economic conditions have created a need for appraisers who have specific knowledge and experience to properly develop and document opinions of real property value in foreclosure. This timely new seminar will provide participants with the information needed to assist clients in making well-supported decisions about the final disposition of real estate acquired through foreclosure. It begins with a look at the foreclosure process and the role of those involved. Users of appraisal services will become familiar with the many resources appraisers can offer to solve different dilemmas. Appraisers will learn how to formulate a scope of work that not only provides a solution to the user’s problem, but also the ability to determine the type and extent of research required to arrive at credible results.


At the end of this seminar participants will be able to do the following:
  • Understand the needs of clients who order appraisals for preforeclosure, foreclosure, or postforeclosure decisions.

  • Recognize the range of services that an appraiser can provide in preforeclosure, foreclosure, or postforeclosure decisions

  • Identify the elements involved in completing assignments.

  • Differentiate between various types of value definitions.

  • Identify the market for a property.

  • Formulate a proper scope of work when completing appraisal assignments in a preforeclosure, foreclosure, or postforeclosure decision.

  • Understand inspection requirements for assignments in a preforeclosure, foreclosure, or postforeclosure decision.
  •  
      Equipment    
    HP-12C Calculator
     
      Disclaimer    
    Cancellation Policy
    • Up To 14 days prior to program start date, refund in full.
    • 5 - 13 days prior to program start date, $50.00 cancellation fee.
    • Less than 5 days prior to program start date, forfeit of payment.
      Transfer Policy
    • Up To 14 days prior to program start date, no transfer fee.
    • 5 - 13 days prior to program start date, $25.00 transfer fee.
    • Less than 5 days prior to program start date, no transfer allowed.
       


    Program materials will be picked up at the site.
     
      Additional Information    
    Schedule:
    Registration begins at 8:30am.
    Seminar is from 9am-5pm with one hour lunch (on your own - there is a cafeteria in Building 2).

    Location:
    Universities at Shady Grove
    Building 1 - Room 101
    9630 Gudelsky Drive
    Rockville, MD 20850
    301.738.6023

    Driving Directions from I-270
    • Take the MD-28 W. exit # 6B towards DARNESTOWN
    • Merge onto W. Montgomery Ave./MD-28 W.
    • Turn LEFT onto Darnestown Rd.
    • Turn LEFT onto ShadyGrove Rd.
    • Turn RIGHT onto Gudelsky Way
    • Turn LEFT onto Gudelsky Dr.
    • Parking available in lots 1 and 2 on your left.

     

     
     
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    conducts its activities in accordance with federal, state and local laws.
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