Training
How to Review an Appraisal
90 minutes
During this webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what valuation methods are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.
In this session, you will:
- Learn what the lender's responsibility is during an appraisal review
- Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
This workshop provides the most up-to-date appraisal information and tools, including:
- A resource manual to keep at your desk as a handy reference after completing the training
- An appraisal review checklist that helps identify potential cautionary items
Sandra Sweeney
Sandra Sweeney, senior customer trainer and training program developer for MGIC, has a mortgage industry career that spans over four decades. Her previous experience in loan origination, underwriting and management has given her a deep understanding of and appreciation for various industry roles.
In her current role, Sandra oversees the design of many MGIC training resources, including the self-employed borrower income series, the Magic Minutes training series, and income calculation tools. In developing and facilitating training, she aims to break down complex concepts into easily digestible knowledge and help mortgage professionals build the skills to become trusted advisors for their borrowers.
Sandra lives at Smith Mountain Lake, Virginia, where she enjoys volunteering for various organizations, boating, and enjoying water sports with her family.