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Appraising the Appraisal: Appraisal Review--Residential Seminar
Details
[Res]    7  Jun 21, 2013 Rockford, IL Northern Illinois Chapter                   
Book: Appraising the Appraisal: The Art of Appraisal Review                   

Appraising the Appraisal: Appraisal Review--Residential

    Date: June 21, 2013   Location: Rockford, IL
 
  Seminar    
Category  Residential [Res]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 155.00 Chapter
$ 165.00 AI
$ 195.00 Full
Note
Please register early  
After Jun 10, 2013
$ 10.00 Late Fee
 
  Instructor    
Cheryl A. Kunzler, SRA  
    
 
  Location    
Name  Northern Illinois University Conference Center  
Address  8500 E. State Street  
City  Rockford  
State  IL  
Zip  61108  
Phone  (815) 332-7339  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Northern Illinois
Contact Name  James E. Coutts, SRA  
Address  311 Short Street  
City  Beloit  
State  WI  
Zip  53511  
Email  j.coutts@couttsapr.com  
Phone  (608) 362-5166  
 
  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.
  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, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
  • Cancel Offering, $25.00 material fee.
All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Other Information If you have a disability and require accommodation, please notify the AI national office at least two weeks in advance and we will arrange for reasonable accommodations. We reserve the rights to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
 
  Additional Information    
Early registration ends 5/1/2013, save $10 during early registration. Late registration starts 6/10/2013, fees increase $10 after this date. This seminar is being offered at the Northern Illinois Center at Rockford. This is a state of the art facility that is well equipped and comfortable. Check-in will be from 8:00 a.m. to 8:30 a.m. Class will run from 8:30 a.m. to 4:30 p.m. In addition to the well stocked, snack buffet for morning and afternoon breaks, lunch is served at the facility. Snacks and lunch are included in the price of the course. The facility is easily accessible from I-90 and there is ample on-site FREE parking. Avoid big city traffic and high parking fees! Modern hotel accommodations are readily available within one mile along Business Route 20.

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