This course provides an in-depth examination of the sales comparison approach in the new Uniform Residential Appraisal Report (URAR). The new URAR is a uniform residential appraisal report designed for various mortgage appraisal assignments, including comprehensive reporting for multiple property types (1 to 4 units, condominiums, co-ops, and manufactured homes).

During this course, you will examine various factors that impact property value and learn how to report these details in the sales comparison grid. You will also learn how to navigate the URAR Reference Guide F-1 while exploring key sections of the sales comparison grid. Special attention is given to new reporting requirements, criteria for including optional rows, and best practices for supporting your sales comparison analysis. By the conclusion of this course, you will have the knowledge and skills necessary to apply the sales comparison approach using the new URAR, thereby improving the credibility and clarity of your mortgage lending appraisal reports.

Virtual (Online), 3 hours, Appraiser CE

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