Technical training courses
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How to Review an Appraisal
Get better at evaluating residential appraisals by becoming more familiar with typical secondary market guidelines, different valuation methods, and which cautionary items can help to identify potential problems.
Who should attend:
Processors, underwriters, loan originators
Learning objectives:
In this session, you’ll build and strengthen your appraisal evaluation skills, and get the latest information and tools. Plus, 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
- Receive a resource manual as a handy reference
- Get an appraisal review checklist to help you identify potential cautionary items
Approx. length:
Classroom – 90 minutes to 2 hours
Virtual – 60 to 90 minutes
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