Comparable Sale Photos is About Managing Risk

Comparable Sale Photos is About Managing Risk

$39.00

Presented By: George Vann

 

SKU: web_photos_rec Category:

Description

Product Description

In the appraisal of property for lending purposes, no requirement causes more frustration than comparable sale photos. Certainly, for lenders for which original comp photo is a requirement, there is no issue that gets kicked back for correction more often. It may be that a few bad apples have spoiled the barrel, but regardless the requirements exist

Why is such a simple thing so difficult for appraisers to abide and get right the first time?

In this webinar, we discuss:

  • Investor requirements
  • Lender-client requirements – as found in Assignment Conditions
  • What USPAP has to say on the topic
  • What types of issues are avoided by driving of comparable sales and verifying the comp relative to its environment
  • Ethics Violations vs Competency Violations where assignment conditions like comp photos are concerned
  • We will expose the surprising extent to which a few appraisers will go to avoid compliance

We all know first-hand the frustration that appraisers feel about this topic. We hope that our short webinar will provide clarification for your questions.

This is a pre-recorded webinar available for download.