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Promotional Package
Appraising the Appraisal: Appraisal Review-General (Course + Book) $ 245.00 AI
$ 260.00 Reg      
Appraising the Appraisal: Appraisal Review-General Seminar
Details		 [Gen]    7  Jun 5, 2013 Norfolk, VA Hampton Roads Chapter                   
Book: Appraising the Appraisal: The Art of Appraisal Review                   

Appraising the Appraisal: Appraisal Review-General

    Date: June 5, 2013   Location: Norfolk, VA
 
  Seminar    
Category  General [Gen]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 200.00 AI
$ 215.00 Full
 
  Instructor    
William D. Otto Spence, MAI  
    
 
  Location    
Name  Hilton Norfolk Airport  
Address  1500 North Military Highway  
City  Norfolk  
State  VA  
Zip  23502  
Phone  (757) 457-8907  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Hampton Roads
Website  www.hrai.org  
Contact Name  Keith Byers  
Email  byerskj@hrai.org  
Phone  (757) 397-1363  
 
  Description    
The art of appraisal review requires a skill set that is distinctly different from that of a field appraiser. Through this one-day seminar, professional appraisers will gain invaluable insight into client expectations regarding content and quality.

Designed specifically for appraisers who review commercial appraisals, you’ll learn how to perform review assignments efficiently and effectively. Real estate lenders and attorneys may also find this program beneficial.

While exploring techniques and methodologies of seasoned commercial review appraisers, participants will identify features of the ideal appraisal report, examine 14 warning signs of a problem appraisal, and dig into 13 examples of complex review appraisal assignments. This seminar will help reviewers spot the most common reporting deficiencies—while avoiding these reporting deficiencies in their own commercial appraisals.

At the end of the seminar participants should be able to:
  • Recognize the need for commercial 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 commercial 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 a commercial 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 13 examples of complex commercial review appraisal assignments.
  • Discuss the process of appropriate “reviewer to appraiser” communication.
Who Should Enroll
Commercial real estate appraisers, lenders, attorneys

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.
 
  Equipment    
None.
 
  Disclaimer    
Cancellation Policy
  • Up To 20 days prior to program start date, $10.00 cancellation fee.
  • 10 - 19 days prior to program start date, $50.00 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, no transfer fee.
  • 10 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 10 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.


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    
Continental Breakfast provided. Check in and Continental Breakfast starts at 8:00. Class starts at 8:30.