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Promotional Package
Appraising the Appraisal: Appraisal Review--Residential (Course + Book) $ 280.00 AI *
$ 305.00 Reg *
* includes late fee      
Appraising the Appraisal: Appraisal Review--Residential Seminar
Details		 [Res]    7  Mar 28, 2013 Erie, PA Northwestern Pennsylvania Chapter Call             
Book: Appraising the Appraisal: The Art of Appraisal Review                   

Appraising the Appraisal: Appraisal Review--Residential

CALL   Date: March 28, 2013   Location: Erie, PA
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 235.00 AI *
$ 260.00 Full *
* includes late fee
Late Fee  $ 25.00
 
  Instructor    
Mark V. Smeltzer, SRA  
    
 
  Location    
Name  Manufacturers and Business Association  
Address  2171 West 38th St.  
City  Erie  
State  PA  
Zip  16508  
Phone  (814) 833-3200  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Northwestern Pennsylvania
Website  www.ai-nwpa.org  
Contact Name  Pete Allessie  
Email  pallessie@nwbcorp.com  
Phone  (814) 864-6413  
 
  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 11 days prior to program start date, refund in full.
  • 6 - 10 days prior to program start date, $25.00 cancellation fee.
  • Less than 6 days prior to program start date, forfeit of payment.
   Transfer Policy
  • Up To 11 days prior to program start date, no transfer fee.
  • 6 - 10 days prior to program start date, $25.00 transfer fee.
  • Less than 6 days prior to program start date, no transfer allowed.
    
Disclaimers:

It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal
Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in
advance of the program and we will arrange reasonable accommodations.

The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute
issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100% at the
completion of the seminar. Please note: If Appraisal Institute attendance records indicate attendance of less than 100%; the student’s certificate will
reflect this and state agencies may refuse to award credit.

Cancellation/Refund Policy:

If you wish to withdraw from the seminar please contact the education coordinator, Pete Allessie at (814) 864-6413. Students should not assume that a
cancellation has been granted until an e-mail confirmation has been received. The Northwestern Pennsylvania Chapter reserves the right to cancel or
reschedule any program due to unforeseen circumstances or lack of student enrollment.

• Up To 11 days prior to program start date, full refund minus materials fee of $25.00.
• 6 - 10 days prior to program start date, $25.00 cancellation fee plus materials fee of $25.00.
• Less than 6 days prior to program start date, forfeit of payment.
• There will also be no refunds for “No shows” or cancellations on the day of the seminar.


Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
Registration: 8:00-8:300 Class: 8:30-5:00.

Price includes a continental breakfast, lunch buffet, and breaks.

This seminar is approved for (7) Seven hours of Appraisal Institute credit, Pennsylvania appraisal re-certification credit, and Pennsylvania real estate continuing education credit.

Note: Certificates for Pennsylvania real estate license credits are an additional $20. This fee will be charged separately and is not included in the seminar cost.