Overview:
Isn’t that what they all
say…“Appraise it in accordance with the HUD 4150.2 Handbook.
Whatever it says. Do it that way. If something needs to be
done so the property will meet the HUD 4150.2 Handbook, make a
note of it & make it “subject to” for your re-inspection.” How
many times have we heard that? Whether it is FHA, VA, USDA, KY
Housing, sometimes conventional financing or in-house financing,
the loan officer will refer us to the HUD 4150.2 Handbook. So,
just what does the HUD 4150.2 Handbook say? In this course, we
will examine in some detail what the 4150.2 Handbook actually
says. The FHA guidelines are very specific without a lot of
leeway, if any. The 4150.2 Handbook has guidelines for the site
inspection, the improvements to the site & the improvements on
the site. We need to know those specific guidelines before we
accept the assignment & before we inspect the property. This
course takes us through those specific guidelines so that we
can, indeed, perform an FHA appraisal successfully.
Learning Objectives:
By the end of this
course, participants should:
-
Identify
required pictures and maps
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Analyze a given
site
-
Employ the
specific procedures to inspect the physical characteristics
of the property
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Estimate the
remaining economic life of the improvements on the site
-
Correctly state
any required repairs
-
Recognize FHA's
acceptability criteria
-
Positively
identify our required statements
Length:
One half-day
3.5-hour continuing education seminar. See calendar, or call,
for session times.
Required Materials:
None
Recording:
No audio recording or videotaping permitted.
Course
Fee. $65 if payment
received in advance; $90 if payment is
received at door. Seating is usually limited.
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Dates and Locations:
Click
Here Registration: Register
Online or Click Here Reservations. Call
(859) 252-3445 or toll free (877) 463-3323 for reservations today!
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