Course Description
Looking to become an expert in appraising single family residential properties for the Federal Housing Administration (FHA)? Look no further than our comprehensive course, designed specifically for lenders, appraisers, and brokers. FHA Roadmap course provides detailed guidance on appraising properties under the latest requirements set forth by the HUD Single Family Residential (SFR) Handbook 4000.1, which was just updated on January 18, 2023, with an effective date of April 8, 2023.
But that’s not all – we’ll also delve into the recent changes that are set to impact appraisers and users of appraisal services, ensuring you’re up-to-date with all the latest developments.
Out of the four forms adopted by FHA, we focus on the Uniform Residential Appraisal Report (form 1004) as set forth in the new Handbook. Our experts believe that every residential appraiser should be aware of these requirements since an appraisal prepared according to the FHA guidance should meet any other SFR requirements.
Our course goes beyond simply covering the technical requirements, however. We also provide instruction on complying with the Uniform Standards of Professional Appraisal Practice (USPAP) and on enhancing consumer protection by detecting illegal flipping and other potential regulatory violations. By the end of our course, you’ll have a solid understanding of current FHA policies for the application of the URAR in FHA-oriented appraisal practice, as well as with USPAP compliance issues.
Join us and take your appraisal skills to the next level!