In this course, learners discover why appraisals are a critical component of the CRE underwriting process. This courses uses the appraisal to validate the numbers provided by the customer, and to evaluate the ability of a property to generate the income necessary to repay the loan.
Appraisals is one of the courses in RMA’s Commercial Real Estate Lending Decision Process (CRELDP) library.
Topics covered include:
• Role/scope of an appraisal
• Valuation approaches
• How to review an appraisal (process and issues)