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Start 2012 with FHA Training

Happy New Year everybody!

The Federal Housing Administration (FHA) is offering appraisal training later this month and early next month. The January training is a Webinar so you can participate from anywhere. The February training is in Denver, CO so if you’re an appraiser heading for ski country this training is for you. Here are the particulars (provided by FHA):

January 17, 2012 – Webinar. Property Requirements for the FHA Appraisal. Have you ever thought, “Am I in compliance with HUD requirements if I do not inspect the subject’s attic?”  This FREE webinar training is geared towards the FHA Single Family Roster Appraiser and will cover property inspection requirements to include neighborhood influences, site analysis, and improvements.  Appraisers new to the FHA Roster, as well as seasoned professionals wishing to refresh their knowledge, will benefit from this in-depth look at property inspection requirements and HUD/FHA expectations. Register at here (this link can also be used to view the archived Webinar after January 17th). If you have questions you can E-mail the Denver HOC at denverhoc-pudtraining@hud.gov.

and

February 16, 2012 – Denver, CO. This FREE one-day “Live” class discusses FHA appraisal requirements including: FHA Appraisal Protocol, updates to FHA appraisal policy, and property eligibility. This course provides a refresher to seasoned FHA appraisers, and provides valuable information to appraisers new to the FHA roster. Industry participants including Underwriters and Loan Processors may also benefit. Attendees will receive 7-hours of continuing education acceptable for the State of Colorado appraisal licensing requirements. Class size is limited, first-come, first served. On the day of the class, check-in begins at 8:00 a.m. Class begins promptly at 8:30 a.m. Registration required no fee. More info available here.

Comments
  1. Once you have made your offer to purchase and had it accepted, completed your other home inspections, you are ready for the FHA appraisal process. Keep in mind the fha appraisal is for the benefit of the lender. You may have an idea what the property is worth but the lender must also make their determination. Determining the accurate value of a home to be financed can help limit a lender’s risk associated with a loan because it is the property that will provide the means of recovery for the lender should the borrower default on the loan.

  2. Nancy Peters

    Hi Guys,

    If you need ongoing FHA training classes, you can find them at FHA Online University here: http://www.FHAtraining.org

    I hope this helps!

    Nancy Peters

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