Seminar: Residential Applications Part 2 - Using Microsoft Excel to Analyze and Support Appraisal Assignments Results
Location: NEW Location: ARWS Conference Room, 2300 Contra Costa Boulevard, Ste 525, Pleasant Hill
Instructor(s): Dean Zantow, SRA
IMPORTANT CHANGE: This offering has been moved from Fairfield to Pleasant Hill
Fannie Mae's Collateral Underwriter (CU) requirement requires residential appraisers to prove their adjustments. This seminar provides the knowledge needed to do just that!
"The seminar is exactly what residential appraisers need today to understand how CU works, since it explains linear regression using their own MLS data combined with Excel. It gives them the tools to use regression in their own markets to understand what Fannie Mae's CU will be generating for typical adjustments."
Building on the skills and techniques highlighted in Residential Applications Part 1: Using Technology to Measure and Support Assignment Results, this practical, hands-on seminar provides residential appraisers with an additional set of technological tools to measure and support work results that will increase client satisfaction.
Go Green and SAVE $15 on the tuition fees listed below
Board of Directors Meeting
Location: Four Points by Sheraton, Pleasanton
FHA Appraising for Valuation Professionals: FHA Single Family Housing Appraisal Requirements
Location: University of Phoenix, Fresno
Instructor: Dawn Molitor-Gennrich, SRA, AI-RRS
Did you attend one of the early FHA update programs in 2015 that was based on drafts of the proposed changes to the 4000.1 Handbook? Are you one of the many appraisers who attended an FHA update seminar in 2015, but still have questions about the latest FHA requirements?
If you are looking for an FHA seminar that offers a thorough perspective and the most current information, FHA Appraising for Valuation Professionals: FHA Single Family Housing Appraisal Requirements is for you! This seminar will help you develop an understanding of the FHA Handbook 4000.1 and the accompanying Appraisal Report and Data Delivery Guide. These two documents provide all of FHA’s guidance and requirements when completing an appraisal for a mortgage involving FHA insurance. While many of the requirements are specific to appraisals for FHA insured mortgages, the concepts and guidance are applicable to most if not all residential appraisal assignments.
Still not convinced you need this seminar?
• ARE YOU AWARE that clarifying guidance was offered to the Appraisal Institute by the Home Valuation Policy Division of HUD-FHA after the 4000.1 Handbook became effective on September 14, 2015? (This includes guidance on hot topic areas like appliances, sump pumps, crawlspace and attics, and roofing, among others.)
• DO YOU KNOW that the ‘3-year rule’ for analysis of prior transfers/sales of the comps was changed by FHA after the initial release of the 4000.1 Handbook back to the existing ‘1-year rule’? Do you know why FHA made the change and if/when they may again implement the ‘3-year rule’ for the comps?
• DO YOU KNOW the four conditions observed during the course of an FHA inspection of the subject that require the appraiser to STOP WORK and contact the client immediately?
• DO YOU KNOW how/where the FHA clarifies in the 4000.1 Handbook that the appraiser is not expected to be a home inspector? Along those lines, do you know the observed conditions that require an FHA roster appraiser to call for an inspection by a qualified individual or entity?
• If a lending client asked you to do something contrary to FHA appraisal policy, CAN YOU SHOW them in Handbook 4000.1 why they are mistaken and you are correct?
• DO YOU KNOW the difference between FHA’s Minimum Property Standards and Minimum Property Requirements?
• DO YOU KNOW that FHA requires competency in their policies prior to accepting an FHA case file?
Go Green and SAVE an ADDITIONAL $15 on the tuition fees listed below
AI Designated Members, Candidates for Designation & Affiliates - $225