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Welcome. If you are a returning student or previously created an AI website account, please log in. Back to Schedule  |  Select an Offering  |  Forgot Password?  |  Create Login       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 Availability Inquiry?   Book: Appraising the Appraisal: The Art of Appraisal Review                    Appraising the Appraisal: Appraisal Review-General EMAIL   Date: June 5, 2013   Location: Norfolk, VA     Seminar     Category   General [Gen]   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 materials can be downloaded by the student or can be picked up at the site.     Additional Information     Continental Breakfast provided. Check in and Continental Breakfast starts at 8:00. Class starts at 8:30.