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Appraising the Appraisal: Appraisal Review--Residential

CALL   Date: November 8, 2012, Book Required-Use Register+Book link Appraisal Review Residential   Location: Plainview, NY
 
  Seminar    
Category  Residential [Res]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 185.00 AI
$ 200.00 Full
 
  Instructor    
Frank O'Neill, Jr, SRA  
    
 
  Location    
Name  Marriott Residence Inn  
Address  9 Gerhard Rd.  
City  Plainview  
State  NY  
Zip  11803  
Phone  (516) 433-6200 x 5060  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Long Island
Website  www.liappraisal.com  
Contact Name  Francine Morgenstern  
Email  liappraise@aol.com  
Phone  (516) 248-8964x5060  
 
  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 you will 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.
    
Note. The book Appraising the Appraisal: The Art of Appraisal Review is required for this seminar. If you do not have the book, please choose the “Register + Book” option when registering for this seminar
The book "Appraising the Appraisal: The Art of Appraisal Review" is required for this seminar. If you have not pre-ordered and paid for the book with your seminar registration, click here to order the textbook, separately online:
http://www.appraisalinstitute.org/store/p-202-appraising-the-appraisal-the-art-of-appraisal-review.aspx
Information: liappraise@aol.com or (516) 248-8964
ENROLLMENT POLICY: Your enrollment form and payment by check or online registration must be received by the chapter office at least 10 business days prior to the start of each course to avoid a late charge. No registrations will be accepted 7 days before the start of the course unless there is a cancellation. We cannot accept walk-in students. Enrollment is limited, register promptly. Note: (1) Full (100%) attendance is required for continuing education credit. (2) The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance requirement are met. If Appraisal Institute attendance records indicate less than attendance requirements met, your certificate will reflect this and state agencies may refuse to award credit. (3) If you have a disability and may require some accommodation, please notify us in writing at least two weeks in advance and we will arrange for reasonable accommodation. (4) CONFIRMATION LETTER: If you have enrolled ON-LINE, you automatically receive a confirmation when your credit card is used. For checks, confirmation will be mailed 7 days prior. (5) 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 chapter. ALL STUDENTS MUST BRING THEIR PROGRAM MATERIALS WITH THEM. ADDITIONAL MATERIALS WILL NOT BE AVAILABLE. (6) If you register late, course materials will be picked up first day of class, or an express shipping charge will apply.
(7) The Local Chapter reserves the right to cancel or reschedule any program if a minimum enrollment is not met, and to change faculty assignments if necessary. (8) If you missed the deadline, you can be put on a waiting list, by e-mailing the chapter office at: liappraise@aol.com.

CANCELLATION POLICY: There will be a minimum $25 cancellation fee after registration. No refund for cancellations within 7 business days. All cancellations must be received in writing.
Information: Francine L. Morgenstern (516) 248-8964, or Anthony Marmorale, SRA (516) 822-2219


Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
Instructor: Frank O’Neill, Jr., SRA

Registration Fee: $185.00 Members / $200.00 Nonmembers
Registration Fee + Book: $230.00 Members / $245.00 Nonmembers

Location: MARRIOTT RESIDENCE INN, Plainview, NY www.residenceinn.com
Registration: 8:00 a.m. – 8:30 a.m. Continental breakfast included.
Seminar: 8:30 a.m. – 4:30 p.m.

CE Credit: Approved for 7 Hours real estate appraiser continuing education credit for the Appraisal Institute and New York State. 100% attendance is required.

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

Registration: Online: www.liappraisal.com Email: liappraisal@aol.com




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