Desktop Appraisals (Bifurcated, Hybrid) and Evaluations

Date: May 19, 2023

Location: Urbandale, IA


Sponsor:
Iowa Chapter
Contact:
Ms. Gehring
Phone:
(515)419-6076
Email:
proappraisalinc@gmail.com
Name:
Fairfield Inn & Suites
Address:
8661 Plum Dr
Urbandale, IA 50322
Contact:
Shauna Gehring
Phone:
515-419-6076
Instructors:
Alan Hummel, SRA

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


AI Price: $200.00
Full Price: $200.00
Register Now     

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: Kirkwood Regional Center, 2301 Oakdale Blvd, Coralville, IA 52241

Class Registration:  May 18th, 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 APPLIED for Illinois Realtors by the Iowa Real Estate Commission,  (7) hours of continuing education credits have been APPLIED by the Appraisal Institute and  (7) hours of continuing education credits have been APPLIED 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.

National Disclaimer

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.