Explore the different types of appraisal techniques and creative methods needed to appraise complex and non-conforming properties. 

COURSE HIGHLIGHTS: 

• Examine several different appraisal techniques and learn how creativity (e.g., use of non-traditional appraisal techniques) can be employed to solve appraisal problems
• Review complex residential properties (i.e. 1- to 4-unit residential properties); learn how the techniques also apply to the appraisal of non-residential properties 
• Course designed for novice and experienced appraisers

Gain a greater understanding of the lending and foreclosure processes leading to properties becoming real estate owned (REO), and the roles and responsibilities of valuation professionals in this process. 

COURSE HIGHLIGHTS: 

• Explore the development of the traditional approaches for residential appraisals, with emphasis on the challenges associated with REO and foreclosure properties 
• Examine an appropriate scope of work for an REO appraisal
• Gain insights on the concepts of cost to repair and cost to cure, along with data sources to support cost estimates

This course will examine the general topic of factory-built housing and then focus on manufactured housing, specifically HUD Code homes. The course will introduce MH Advantage® which is Fannie Mae’s program to help ease the nation’s affordable housing shortage by providing financing on modern, high-quality manufactured homes. The course includes case studies dealing with comparable selection and adjustment support, and will cover also common deficiencies found in manufactured home appraisals.