Home | Site Map | Contact Us
  View Cart              View Cart             
24 Registrations in Cart
 
 
Welcome. If you are a returning student or member of the Appraisal Institute, please log in.
Back to Schedule  |  Select an Offering  |  View Cart  |  Forgot Password?  |  Create Login
 
   


REO Appraisal: Appraisal of Residential Property Foreclosure

    Date: February 5, 2010   Location: Birmingham, AL
 
  Seminar    
Category  Other [Oth]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 175.00 Member
$ 195.00 Regular
 
  Instructor    
Mark V. Smeltzer, SRA  
    
 
  Location    
Name  WMU Building  
Address  100 Missionary Ridge  
City  Birmingham  
State  AL  
Zip  35242  
Phone  (205) 991-4030  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Alabama
Website  www.aialabama.com  
Contact Name  Pam Paulk  
Email  pampaulk@aialabama.com  
Phone  (205) 835-0808  
Fax  (250) 437-0311  
 
  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 15 days prior to program start date, refund in full.
    • 7 - 14 days prior to program start date, $50.00 cancellation fee.
    • Less than 7 days prior to program start date, forfeit of payment.
    		   Transfer Policy
    • Up To 15 days prior to program start date, no transfer fee.
    • 7 - 14 days prior to program start date, $25.00 transfer fee.
    • Less than 7 days prior to program start date, no transfer allowed.
    		   Program Material Policy

    Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, a call tag will be issued for the return of this material. A registration refund will not be issued until the material has been returned. A few seminars allow for the purchase of program material. Contact the offering sponsor for more information.
    • Cancel Offering, $75.00 material fee (if keeping program material).
    REGISTRATION BEGINS AT 8:00AM

    Registration deadline is 8 business days from start date. However, the registration deadline may be extended if vacancies remain. Early registration is recommended as space is limited

    Cancellations/Refunds: Requests for cancellations must be received in writing by the chapter. Fax cancellations: 205-437-0311 or email: pampaulk@aialabama.com. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.

    TThe Alabama Chapter of the Appraisal Institute is not responsible for students'non-refundable airline reservations or other travel expenses.The Chapter reserves the right to change/cancel any class due to extraneous circumstances. If you have a disability and require special accommodations, notify the Chapter in writing at least two (2) weeks in advance and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.

    ALL STUDENTS MUST BRING THEIR COURSE MATERIALS WITH THEM. ADDITIONAL MATERIALS WILL NOT BE AVAILABLE TO THOSE STUDENTS WHO HAVE NOT BROUGHT THEIR MATERIALS WITH THEM.

    ATTENDANCE
    The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
    You must not miss any of the course offering and you must give the instructor full attention. No cell phones, text messaging, returning calls, using computers and reading other non-related materials in class. You must be on time at beginning and returning from breaks and lunch.

    State Certification: Students should contact their specific state to determine current education approval and requirements.

    APPROVED FOR 7 HOURS OF CE CREDIT WITH THE ALABAMA REAL ESTATE COMMISSION. YOU MUST BRING YOUR ALABAMA REAL ESTATE LICENSE # TO RECEIVE CE CREDIT AND YOU MUST COMPLY WITH 100% ATTENDANCE AND PARTICIPATION


    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
     
      Additional Information    
    Location: WMU Building, 100 Missionary Ridge, Birmingham, AL 35242-(This is a non-smoking facility)

    Driving Directions: From 1-459, take Exit 19 (Highway 280). Go east on Highway 280 East (toward Childersburg). Travel 2.8 miles to the tenth traffic light. Turn left onto Brook Highland Parkway. (This traffic light is at the top of a sharp incline.) Within a few hundred feet, turn left again onto Missionary Ridge. The WMU Building is at the top of the mountain.

    Hotels in the area:
    1. Wyngate by Wyndham
    800 Corporate Ridge
    205-995-8586

    2. Candlewood Suites
    600 Corporate Ridge
    888-299-2208

    3. Hyatt Place(Will shuttle to WMU Building Upon Request)
    4686 Hwy 280
    205-995-9242

    4. Homewood Suites
    215 Inverness Center Drive
    205-995-9823



    •  www.wyndham.com  

    •  www.candlewoodsuites.com  

    •  www.hyatt.com  

    •  www.hilton.com  
     

     
     
    The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and
    conducts its activities in accordance with federal, state and local laws.
    Copyright © Appraisal Institute.
    All rights reserved.