EXCITING NEW VIRTUAL EVENT SCHEDULED!

Desktop Appraisal (Bifurcated, Hybrid) and Evaluations

Wednesday, February 3, 2021 8:30 am – 4:30 pm

Click here to register for Desktop Appraisal (Bifurcated, Hybrid) and Evaluations

Desktop Appraisal (Bifurcated, Hybrid) and Evaluations

Instructor: Justin D. Slack, MAI, SRA, AI-GRS,AI-RRS

As the world changes, so do processes and methods used in many businesses including the appraisal profession. While alternative appraisal services like bifurcated, hybrid, and desktop appraisals and evaluations aren’t new, they are becoming more popular. Many appraisers are uncertain about the general requirements of each service, how appraisal standards might apply, and how these services might create liability. This seminar will provide more clarity about the different services being requested and help you to decide if these services are for you. It will review the expectations of alternative appraisal services, potential uses, appraisal standard implications, scope of work, and liability concerns as it applies to residential and commercial assignments. And it will review evaluation formats and the business opportunities for them.

Objectives

  • Describe desktop appraisals, such as bifurcated and hybrid, and learn how and when they are used.
  • Discover how real estate collateral is used inside federally regulated banks and financial institutions.
  • Review the significant Federal and State laws governing all valuations — appraisals and evaluations — used for loan originations, modifications, and other subsequent transactions.
  • Identify appraisal standards, Interagency Guidelines, lender requirements, and state law requirements for credentialed appraisers.
  • Recognize the development and reporting differences that differentiate appraisals from evaluations and desktop valuation services.

Prerequisites

None

Seven hours of continuing education approved in most states.

Price: $160 for all registrants

CE Credit: Seven hours of continuing education approved in most states. If questioning whether a specific state approves virtual education please check here or contact DeAnn at admin@ai-seattle.org or call 360.529.5818

Washington Approval #: A20104167

To register, click here.