Understanding Appraiser Independence
Learn about the importance of ensuring appraiser independence in the lending process.
$6.00
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https://www.onlineed.com/catalog/1360/Understanding-Appraiser-Independence
https://www.onlineed.com/catalog/1360/Understanding-Appraiser-Independence
Key Features:
Online Course
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Printable Certificate
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The appraisal is a critical part of the financing process for the borrower and the lender. The appraiser is considered to protect both parties' interests by ensuring that the subject property is accurately evaluated. With the appraiser's role as critical as it is to the transaction, maintaining the absolute independence of the appraiser is crucial.
Package Summary
| Price: | $6.00 (USD) |
|---|---|
| Credit Hours: | 1 |
| Category: | Vocational Training > Real Estate > Continuing Education > Oregon > Real Estate Proeprty Evaluation, Appraisal, or Valuation |
| Purpose: | Learn about the importance of ensuring appraiser independence in the lending process |
| Features: | Online Text, Printable Certificate |
Courses Provided By:
OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com
Understanding Appraiser Independence
Course ID: 1038-1150
Credit Hours Provided: 1
Category: Real Estate Proeprty Evaluation, Appraisal, or Valuation
This course illustrates the importance of appraiser independence requirements. We will review these requirements as outlined by various federal regulations, agencies and published guidance.
In this course you'll learn how to
- Recognize the difference between an appraisal, a home inspection, and Broker Price Opinion (BPO).
- Recall various definitions used in relation to property appraisals.
- Outline the various prohibited actions that might be interpreted as adversely influencing an appraiser's conclusion of value.
- Review the various actions that are not prohibited.
- Explain the exceptions that would allow a follow-up appraisal to be conducted.
Course Content
This course is approximately 1 hour of written text and contains optional quizzes and final exam. A continuing education course completion certificate usable towards Oregon REA continuing education requirements will be issued after completing the mandatory course seat time.
This course will remain available to students for 730 days after enrollment.
Our Mission Statement
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.