Performing Estate Appraisals

With interest rates rising and mortgage lending appraisal volume falling, many real property appraisers are turning their attention to appraisal assignments for other intended uses.  Appraisals on estate properties can be a way to make up for lost mortgage assignments.  Such assignments have their advantages; specifically, they don’t require UAD compliance and you won’t receive any addendum requests from the client. This course will focus on what estate appraisals are, scope of work considerations, and reporting requirements. Finally, marketing will be covered, including some helpful tips on how to attract non-lender clients.