In this course, discover why appraisals are a critical component of the CRE underwriting process. Learn how to use 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 (CRE-LDP) library.
Produced by the Risk Management Association
What You'll Learn
After completing this course, students will be able to:
Explain the role and scope of an appraisal.
Determine which valuation approach is most relevant.
Complete an Appraisal Review Form.
Commercial lenders and credit analysts who are not real estate specialists but who need to know more about assessing real estate risk.