Home | Site Map | Contact Us
  View Cart              View Cart             
25 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: April 13, 2010   Location: Indianapolis, IN
 
  Seminar    
Category  Other [Oth]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 155.00 Member
$ 175.00 Regular
 
  Instructor    
Richard L. Borges, II, MAI, SRA  
    
 
  Location    
Name  Indianapolis, IN  
Address  9247 North Meridian Street  
   Classroom I (first floor - north end)  
City  Indianapolis  
State  IN  
Zip  46260  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Hoosier State
Website  www.aihsc.org  
Contact Name  Shannon O'Keefe  
Email  AIHoosierState@sbcglobal.net  
Phone  (317) 815-1340  
Fax  (317) 815-1341  
 
  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.
    • 10 - 14 days prior to program start date, $100.00 cancellation fee.
    • Less than 10 days prior to program start date, forfeit of payment.
    		   Transfer Policy
    • Up To 15 days prior to program start date, $25.00 transfer fee.
    • 10 - 14 days prior to program start date, $50.00 transfer fee.
    • Less than 10 days prior to program start date, no transfer allowed.
    		    


    Program materials will be picked up at the site.
     
      Additional Information    
    CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building. Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit. **If needed, sleeping rooms are available at a discounted rate. To take advantage of special rates that The Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking the following accommodations. The Comfort Inn and Suites located at 9090 Wesleyan Road, Indianapolis, IN 46268 (317-875-7676) offers a room and deluxe continental breakfast for $59.95. Homewood Suites located at 2501 E. 86th Street, Indianapolis, IN 46240 (317-253-1919) offers a room, complimentary hot breakfast, dinner/cocktails (M-Thurs.), and shuttle to classroom for $99.00.
     

     
     
    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.