Avoid Appraisal Pitfalls in Foreclosures, Short Sales, and REOs

Credit hours: 3.75 Regular tuition: $49.00

Upcoming Dates

Unscramble the pitfalls of misinformation about appraising distressed properties.

Foreclosures, short sales, and REOs are having a profound effect on values and appraisals in most markets.  Protect yourself from the pitfalls of misinformation looming in the real estate market by understanding the types of distressed properties that exist and knowing how they may influence appraisal assignment results.  

This half-day course explains how to competently identify when it’s appropriate to use distressed properties in market analysis both as comparable sales and as the subject of an appraisal. Through examples and case studies, you will learn how to accurately extract and support adjustments when the appraisal assignment includes distressed sales.

Topics include

Using distressed properties as comparables

Appraising the distressed sale

Analyzing sales within client-imposed marketing times

Proven methods to analyze distressed property market data

Extracting and supporting adjustments relative to foreclosures, short sales, and REOs

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Avoid Appraisal Pitfalls in Foreclosures, Short Sales, and REOs

8:00am - 11:45am
Bloomington - BLN Office Park, Bloomington	3.75 Credits	Program No. P3488
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1:00pm - 4:45pm
St. Paul - Bandana Square, St. Paul	3.75 Credits	Program No. P3489
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Schedules updated: 6/19/2013 at 6:07 PM