Appraisal vs. Reconsideration of Value

02 Mar

Appraisal vs. Reconsideration of Value

Appraisal vs. Reconsideration of Value

Thursday, March 2, 2023 (1:30 PM to 3:30 PM)
2 CE Hours
CLASSROOM - GLAR Education Room, Baxter, Minnesota

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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 Drive
Baxter, MN 56425

Map & Directions

Susanne Barkalow

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.