Free Webinar on How to Review an FHA Appraisal
On September 11, 2013, the Federal Housing Administration (FHA) is offering a 90-minute webinar on How to Review an FHA Appraisal using the FNMA 1004, and how to review appraisals on more difficult property types; e.g., manufactured homes, 2 to 4 Units, Condominiums, and New Construction. How to spot potential fraud, the condominium approval process, and the common appraisal deficiencies will be covered. This webinar is designed for appraisers, underwriters, loan officers, processors, brokers, agents, any interested parties, and any individuals new to FHA.
Registration is required. No Fee. Please hold on to the e-mail you receive after you register, you will need it to access the webinar.
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I just went to the IAR CONFERENCE & Expo. There was a “Multicultural Summit – The Latino Factor” One of the panel items of concern was the LOW APPRAISAL VALUES. Per the panel
the many of the appraiser appraisal reports values did not consider the market increase values.
Question; if the subject market in one year had 1.2% increase in value what would the monthly dollars increase in value ? How would the report appraiser explain to the reader adjustment?