Understanding the Condo Appraisal
Who Should Attend: Loan Officers, Processors, Underwriters
During this training webinar, we will analyze the various sections of the condo appraisal to help simplify your review. You will learn what property characteristics make a condo unique, what factors to consider when analyzing the Individual Condominium Unit Appraisal Report (1073/465) and what are the required exhibits.
In this session, you will:
- Review property characteristics unique to condos
- Review key sections of the condo appraisal report
- Review common secondary market requirements and potential red flags
This workshop provides a Condominium Checklist to assist with your review of the condo appraisal report and help identify potential cautionary items.