23rd October 2013

Residential UAD Review – The Right Way

posted in Appraiser News |

Where: San Diego, CA
When: October 25, 2013

Click Here to Register / Seats are limited, so please sign up in the next 48 hours.

YOUR INSTRUCTOR: As a veteran field appraiser and reviewer, Bruce Ford will share the latest UAD changes that will affect your everyday work.

This class is vital to all appraisers using the UAD format, in today’s market. Bruce is a 21 year veteran, FHA Approved appraiser and is a Certified Residential Appraiser in CA. and NV. His prior bank experience was as Staff Appraiser and Reviewer for World Savings and Wachovia. His most recent position was as Senior Review Appraiser for AXIS Appraisal Management Solutions, Inc., located in San Rafael, CA.

DOORS open at Half hour before REGISTRATION

Attendance for entire 4 hrs. is mandatory in order to receive BREA / OREA credit

Have questions about “Residential UAD Review – The Right Way” – 4 hr. CE Class in Petaluma, CA?

Contact Bruce at NorCal Quality Appraisal / mailto:uadclasspetaluma@yahoo.com

As you probably know the UAD (Uniform Appraisal Dataset) format used in the 1004 and 1073 appraisal forms is here to stay. In fact, the UAD format remains the most misunderstood part the appraisal process. Started in September 2011, many appraisers have not been taught the correct way to use the UAD when evaluating the subject and the respective comps, and many delays in the reporting process, are a result.

Already we have seen AMCs, Banks, Fannie Mae and Freddie Mac, being very aggressive with “hard stops” — returning many reports to the appraiser if the UAD format is not followed correctly.

In light of the recent changes to the format, there must be a complete understanding of the UAD process from report writing, to the supporting market data and to the final value conclusion. This class will undertake a detailed review of a UAD reporting format and try to clear up many of the UAD misconceptions.

The target audience for the class is:

Residential fee appraisers
Review appraisers
Bank auditors
Loan processors
Underwriters
Mortgage and Loan officers

“Bruce Ford has a wide range of appraisal knowledge. He has helped me greatly over the past few years in his reviewing function. He helps you become a better appraiser. I trust in Bruce’s ability to drill down into the UAD process and offer insights into what’s coming next.”

-Charles S. , 40 Years CA. Appraiser

Click Here to Register / Seats are limited, so please sign up in the next 48 hours.

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