Description

Approach the appraisal process with impartiality, knowledge of requirements and standards, and effective evaluation techniques. This course covers:

Requirements for an effective appraisals and evaluations

FIRREA and Interagency Appraisal and Evaluation Guidelines

Requirements for reviews and evaluations

Requirements for monitoring collateral value

Transactions that may be exempt from obtaining an appraisal

What You’ll Learn
After successfully completing this course, you will be able to:

Describe the requirements for an effective real estate appraisal and evaluation program

Identify Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) and Interagency Appraisal and Evaluation Guidelines

Describe the requirements for reviewing appraisals and evaluations

Describe the requirements for monitoring collateral value

Identify transactions that may be exempt from obtaining an appraisal

Additional information