02 Mar Appraisal vs. Reconsideration of Value Appraisal vs. Reconsideration of Value Thursday, March 2, 2023 (1:30 PM to 3:30 PM) 2 Education Credits CLASSROOM - GLAR Education Room, Baxter, Minnesota Details You're Registered! DescriptionLocationInstructorsCancellation Policy There has been an upward trend in the number of Reconsideration of Value requests received by appraisers in recent years, for a variety of reasons. This seminar explores why such requests may occur – including potential deficiencies in an appraisal report – and how and to whom an appraiser can professionally respond. USPAP references are also cited. Objectives: • Identify how often and why ROVs occur • Identify areas of an appraisal report that might result in a ROV and how to reduce concerns about those elements • Recognize how various lenders, the secondary market, FHA, and VA handle ROV requests • Understand what sections of USPAP apply in a ROV This course has been approved from the Minnesota DOC for 2 hours of Appraisal and Real Estate CE. CLASSROOM - GLAR Education Room - Education Room CLASSROOM - GLAR Education Room (Education Room)15344 Pearl DriveBaxter, MN 56425 Map & Directions Susanne Barkalow ABOUT THE APPRAISER - Susanne BarkalowSusanne Barkalow holds a Certified Residential Real Property License from the state of Minnesota, and the ASA and IFA designations from the American Society of Appraisers. She has been an active participant in the appraisal profession, including serving on the national Governing Board of the National Association of Independent Fee Appraisers, the Real Property Discipline Committee for the American Society of Appraisers, and on the Minnesota Appraisal Advisory Board. She is an active member of the St Cloud Association of Realtors, serving on the education and equal opportunity committees, as well as being elected to the MLS Board, serving as President of that Board in 2022. Susanne held the Certified Distance Education Instructor (CDEI) certification. She serves on the St Cloud Zoning Board of Appeals, the St Cloud city Board of Review, and the Benton County Board of Review and Equalization. Susanne has also served as a Commissoner for several MN counties in condemnation proceedings. Over the last 30+ years she has taught classes for appraisers throughout Minnesota, as well as in about 30 other states. In addition, she has taught classes for Minnesota real estate agents and assessors. Susanne is a lifetime Girl Scout, chaired the Minnesota and Wisconsin Lakes and Pines Gold Award Committee, and has been active in the local Green Hatters chapter. Among her recognitions: JC Penney Golden Rule Award (for volunteer work with the local United Way), Girl Scout National Thanks Badge I (2011) and II (2021), 2016 Instructor of the Year (NAIFA), and 2017 Distinguished Service Award (St Cloud Association of Realtors).The Barkalow family has hosted many high school exchange students, from a variety of countries, and helped organize the St Cloud Comets, offering basketball opportunties for girls. Today, family members actively support the ALS Association, in memory of Richard. All cancellations must be made 24 hours prior to class to avoid a $25 "no show" fee.Please remember that there are people usually waiting to get into a class so when you don't show or when you've reserved a "spot" in the class, and then don't show - you have taken an opportunity away from another member. Thank you for your cooperation.