Desktop Appraisals (Bifurcated, Hybrid) and Evaluations


NO DOUBT ABOUT IT, DESKTOP APPRAISALS ARE HERE TO STAY. Recently released by Fannie Mae, after March 19, 2022, loan casefiles meeting certain requirements will receive the option to obtain a desktop appraisal reported on Uniform Residential Appraisal Report (Desktop) (Fannie Mae Form 1004 Desktop).

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.

Check out this preview as Sandy Adomatis, the seminar developer, and Alan Hummel, one of the seminar reviewers, provide more information about this program!

Sponsor Date Location Delivery Format Check
State Approvals
Chicago Chapter May 15, 2023 Chicago, IL Classroom  Check Register
Iowa Chapter May 18, 2023 Coralville, IA Classroom  Check Register
Iowa Chapter May 19, 2023 Urbandale, IA Classroom  Check Register
Tennessee Chapter October 11, 2023 Memphis, TN Classroom  Check Register

Program State Approval & Hours

Some AI educational programs may not be approved in every state and every delivery format. To see a list of all state approvals across all formats for this course, please use the link below.

View all approvals for this course

Who should Enroll

  • General and residential appraisers that serve lenders
  • Lenders, appraisal management companies, private mortgage companies, mortgage service companies, portfolio lenders, and underwriters who are users of these appraisal services will benefit by gaining a better understanding of why an appraiser may not be willing/able to accept one of these assignments.


  • 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. 




No Exam



Appraisal Institute CE Points

Attend: 35 AI Points

Class Time

7 hours



Program Overview

Required and/or Recommended Equipment


System Requirements

None specified

Additional Information

Seminar Materials Include:
  • Seminar Handbook (187 pp.)

Book Recommendations

None specified