Appraisal
Description
This course provides an in-depth analysis of the different appraisal methods used to arrive at an accurate value estimate, and demonstrates these methods in various market scenarios. Includes practice exercises. Covers appraisal for single-family residences only.
- Please contact your local PMI representative to register
Agenda
- How to evaluate a property on its own merits
- Awareness of the most common errors on appraisal reports
- How to identify depreciation trends
- How to determine the value of a property using the three basic approaches: cost, sales and income
Length
- This course is 3 hours in length
Recommended Attendees
- This course is most valuable for underwriters, loan processors and loan officers
Scheduling Process
- Please contact your local PMI representative to register
Materials
- Current version of PMI’s Appraisal Review Techniques:
Module 1/Single-Family Residences #PMI-254-1, Revision 03/07 Appraisal Review Techniques Workbook - Single Family Residences [PDF] - URAR Form [PDF]
- 2055 Form
Questions?
- Contact Tina Callisto at 925.658.6836
