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Course Description:
This course, developed by Freddie Mac and Fannie Mae, offers an in-depth exploration of the new dynamic Uniform Residential Appraisal Report (URAR) applicable to all residential property types. Students will learn the requirements of the new URAR, which is designed to support more thorough appraisal analysis and reporting, ensuring they are well-equipped to adopt and implement these advancements in their professional practice. By the end of this course, students will gain a deep understanding of the dynamic URAR and expectations for completing the report.
Course Objectives:
1) Explore the dynamic appraisal reports (URAR, Appraisal Update Report, and Completion Report) and the transition to eliminate property type-specific forms.
2) Become familiar with the new reporting features of the appraisal reports.
3) Learn the basics of the new Uniform Appraisal Dataset (UAD).
4) Examine expanded data requirements.
5) Understand your responsibilities in the new appraisal reporting process.
Instructor:
Woody R. Fincham, SRA, AI-RRS, ASA, RAA, RAC
Time:
8:30 a.m. - 4:30 p.m. CDT
Location(s):
Gulf Coast Bank & Trust
848 Harrison Ave., New Orleans, LA
and Livestream via Zoom
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