06/12/2018 FHA Property Analysis

Hosted By NAIFA

When
June 12, 2018 | 8:00am – 4:30pm

Cost
$195 NAIFA Members
$215 Non Members

*The cost of this course includes all course materials, lunch, and snacks

Where
Birmingham Association of Realtors
3501 Independence Drive
Homewood, AL 35209

Register Now

The National Association of Independent Fee Appraisers will offer the FHA Property Analysis course on June 12, 2018 in Homewood, AL.

Because many real estate transactions are financed with FHA insured financing, it is crucial for real estate brokerage professionals to stay well informed with FHA protocol. Successful FHA-insured finance transactions depend upon the brokerage professional’s awareness of property qualification criteria and the test the property must withstand.

The FHA Handbook, Valuation Analysis for Single Family One to Four Unit Dwellings served as a compass for developing and reporting appraisals to be used in connection with FHA insured financing. Effective September 14, 2015, most of the existing handbooks, mortgagee letters, and other references formally used by lenders, appraisers, and other real estate professionals will be superseded by a new, and more comprehensive Handbook titled: the FHA Single Family Housing Policy Handbook 4000.1. The new publication will help to direct information searches regarding minimum property requirements to a single handbook. Regarding appraisal reporting and delivery for FHA, the FHA Single Family Housing Appraisal Report and Data Delivery Guide was created. The Guide provides comprehensive protocol for completing an FHA appraisal report.

FHA Property Analysis commences with a study of FHA’s Minimum Property Requirements and Minimum Property Standards, and proceeds to discuss specific property applications and appraisal-related functions. Numerous best practices and illustrations will be included.

Contact

For more information, contact Molly Orman at (405) 830-6107 or leatherwd@aol.com.