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Appraisal Review Workshop

Online Course: ID# 1004764
Price: $395.00
About This Course:
"Appraisal Review Workshop" is an in-depth, instructor-led online program on the details required in each section of the real estate appraisal.

It is designed to teach the fundamentals of real estate appraisal to new and seasoned mortgage processors alike.

Course Outline

In this course you'll learn what to look for to prevent fraudulent appraisal practices, sales comparison/income/cost approach, and more, including:
  • Details on what the industry looks for in these reviews to prevent fraudulent appraisal practices.
  • Information that enables Underwriters to determine if there is fraudulent information provided with regard to Comps used or Sales History.
  • Review of the schedules attached to Appraisal Comps Map, Floor Plan Sketch, USPAP Addendums, and any Addendums that provide detailed information on the "Special Aspects" of the subject property being reviewed.
  • Details of most recent changes that agencies have required.
  • Review the 1004C Market Addendum in full detail to show how the information on this Addendum must support the information on Pages 1 & 2 of the URAR.
Upon finishing the course you will receive a Certificate of Completion and the skills required to be a successful mortgage processor.

Anticipated Time To Complete

This online course will take approximately three hours to complete. You do not have to complete the course in one sitting - there are bookmarks in this course that allow you to stop and restart as needed.

Access Information

Upon enrollment, you'll receive an email from the course provider (CampusMortgage®) with links and passwords to access the course. You will have access to the course materials for one full year.

Top FAQs

A mortgage appraisal is a professional opinion of a property's value. Appraisals are typically required whenever a mortgage is involved in buying, refinancing, or selling a property.
Appraisal Review Workshop
Price: $395.00
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