Desktop Appraisals (Bifurcated, Hybrid) and Evaluations

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Continuing Education
Class Time: 7 hours
Exam Hours: N/A

Notes

NEW SEMINAR!
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.

Experiences

Seminar Materials Include:

• Seminar Handbook (191 pp.)

Cancellation Policy

Cancellation Policy

Cancellation Fees:

·         Up to 14 days prior to the program start date, $50 cancel fee

·       8-13 days prior to the program start date, $200 cancel fee

·         7 days or less prior to the program start date, no refund will be provided

Additional Information

Location: Fairfield Inn & Suites, Urbandale, IA

Class Registration:  May 19th, 2023 at 8:00 A.M. to 8:30 A.M.. (Lunch not included with seminar fee).

 

Class Sessions: 8:30 A.M. to 12:00 P.M. (Lunch Time) 1.00 P.M. to 5:00 P.M.

 

Continue Education - Classroom Credit: 

Continue Education Credit:  Seven (7) hours of continuing education credits have been APPROVED for license and appraisal certification renewal for Iowa  (7) hours of continuing education credits have been APPROVED for Illinois Realtors by the Iowa Real Estate Commission,   (7) hours of continuing education credits have been APPLIED  for by the Iowa Department of Revenue for assessors. 

We will follow Iowa Covid 19 guidelines. 

Attendance:The Appraisal Institute enforces attendance requirements mandated by State licensing and certification regulatory agencies. The Iowa Chapter enforces the attendance requirements as mandated by the State of Iowa and the AQB. There is a 100% attendance policy. Don't be late or leave early

 

Disclaimer Information

Registration is on a first-come, first-served basis. If the program is filled, e-mail iachap@yahoo.com to be placed on a waiting list.  If you have a disability and require accommodation, please e-mail iachap@yahoo.com at least two weeks in advance for reasonable accommodations to be arranged.

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