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Reviewing the Appraisal Report

Re-versioned: August 2014

This course will prepare you to review the Individual Condominium Unit Appraisal Report, Form 1073. Course attendees will gain a better understanding of current appraisal policies and procedures, recognize the difference between this form and the Uniform Residential Appraisal Report (Form 1004) and be better able to review the unique aspects of the 1073.

 

Audience: QC personnel, Underwriters.

 

Learning Objectives: After completing this course, students will be able to:

  • Distinguish project eligibility requirements
  • Identify the unique characteristics of the Individual Condo Unit Appraisal Report
  • Identify indicators of value
  • Recognize appraiser methodologies for condominium appraisals

 

The Residential Lending course curriculum was developed by AllRegs®, your source for fast, reliable answers.

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