As of September 1st, 2011, appraisers will be required to make significant changes in the way they prepare the URAR appraisal report, because Fannie Mae, Freddie Mac, FHA, and the VA are going to require all appraisal reports be transmitted electronically in a standardized format. All URAR appraisal reports with an effective date on or after the first of September will have to meet the new Uniform Appraisal Dataset (UAD) standards (and at some future date, for the FHA and VA as well).
From award-winning author Henry S. Harrison, this course provides everything you need to meet the new requirements for each field in the URAR report. The course presents a very practical step-by-step, page-by-page, line-by-line, field-by-field explanation and example of the Uniform Appraisal Dataset with emphasis on:
UAD Required Fields
UAD Conditionally Required
UAD Instructions and Explanations
The course is completed with a short multiple question final exam. CE credit IS NOT available for this course.