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Promotional Package
Appraising the Appraisal Seminar + Required Book $ 240.00 AI
$ 260.00 Reg      
Appraising the Appraisal: Appraisal Review--Residential Seminar
Details		 [Res]    7  May 3, 2013 Huntsville, AL Alabama Chapter Call             
Book: Appraising the Appraisal: The Art of Appraisal Review                   

Appraising the Appraisal: Appraisal Review--Residential

CALL   Date: May 3, 2013   Location: Huntsville, AL
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 195.00 AI
$ 215.00 Full
 
  Instructor    
James B. Atwood, SRA  
    
 
  Location    
Name  Huntsville Area Association of Realtors  
Address  535 Monroe Street  
City  Huntsville  
State  AL  
Zip  35801  
Phone  (256) 536-3334  
 
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  
 
  Description    

Appraisal review requires a different skill set than traditional appraisal work. In this seminar, career professionals will gain invaluable insights into client expectations regarding the content and quality demanded by review assignments.

Designed specifically for residential appraisers who also review appraisals, the seminar presents methods for performing review assignments efficiently and effectively. Real estate professionals involved in appraisal management or who work in quality control and compliance for financial institutions may find this program beneficial. 

While exploring techniques and methodologies used by professional reviewers, you will distinguish features of the ideal appraisal report, identify eight general categories and examine 14 specific warning signs of a problem appraisal, plus dig into 7 examples of complex review appraisal assignments. This seminar will help you spot the most common reporting deficiencies—while avoiding those deficiencies in your own appraisal reports.   

 

At the end of this seminar participants should be able to:

  • Recognize the need for appraisal reviews performed by reviewers who are cognizant of their ethical and professional responsibilities.
  • Review the impact of USPAP, FIRREA and other regulations on the review process.
  • Identify types of appraisal review assignments and the process employed in the reviewer’s scope of work.
  • Identify the analytical steps necessary to develop a review opinion.
  • Examine and analyze the component parts of an appraisal report for review purposes and identify tests of reasonableness that may be applied.
  • Define six characteristics of quality appraisal reports and the role of client expectations in defining a “good” appraisal.
  • Identify and discuss 14 warning signs of a problem appraisal.
  • Illustrate 7 examples of complex review appraisal assignments.
  • Discuss the process of appropriate “reviewer to appraiser” communication.

Note.  This seminar uses the same textbook (the 2010 version is required!) as the Appraising the Appraisal: Appraisal Review—General seminar. If you have previously attended the “general” version of the seminar, you will find that some content covering  appraisal review theory is similar. However, this seminar focuses on residential appraisal review and is replete with insightful examples of residential appraisal review techniques.  It is not-to-miss education for all residential appraisers and reviewers—even for those who have attended the “general” version.

 
  Audience    
Who should enroll: Residential real estate appraisers, lenders, attorneys
 
  Equipment    

Note. the book Appraising the Appraisal: The Art of Appraisal Review (2010) is required for this seminar. If you do not have the 2010 version of the book, please choose the “Register + Book” option when registering for this seminar.

 
  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.
    
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.

The Alabama 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. The Alabama Chapter is not responsible for students' non-refundable airline reservations or other travel expenses.

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. 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.

Please note: If you opted to download the materials when you registered, you will not receive the seminar workbook. Bring a copy of the downloaded seminar materials with you or have them loaded on your laptop. You cannot attend the class without seminar materials. NO ADDITIONAL SEMINAR MATERIALS WILL BE AVAILABLE AT THE CLASS.

REQUIRED EQUIPMENT
It is recommended that you always bring a calculator.




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

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.


Approved for 6 Hrs CE Credit with the Alabama Real Estate Commission. YOU MUST BRING YOUR ALABAMA REAL ESTATE LICENSE # IF YOU WANT CE CREDIT WITH THE ALABAMA REAL ESTATE COMMISSION AND YOU MUST COMPLY WITH 100% ATTENDANCE AND PARTICIPATION. Alabama Chapter Appraisal Insitute School Code # 92568



Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
Location: Huntsville Area Association of REALTORS-535 Monroe Street-Huntsville, AL 35801Phone: (256) 536-3334

From Decatur/B’ham, Cullman, Montgomery, Airport:
From I-65, take exit I-565 (right) go to Downtown 19C exit (Washington Street) and turn Right. Go to the next traffic light (Monroe Street) and turn right. Go thru the 1st light (Church Street) and we are at the 2nd light (Holmes Street) on the left.

From Scottsboro/Chattanooga:
Take 72 to I-565, exit at 19C (Jefferson Street) and turn left at the light. Go to the next light and turn right on Monroe Street. Go thru the 1st light (Monroe Street) and we are at the 2nd light on the left.

From Arab, Gadsden:
Go 231 North, exit at Governors Drive and turn right. Take a right at the next light and go the next 4 lights. We are on the right at the corner of the 4th light.

From Memorial Parkway North:
Go south on the Parkway, turn right on University Drive (turns into Pratt), go to the first light (Church Street). Go to the next light and turn right. We are on the left at the next light.