Sample Appraisal Report with Notes-Appraisal for Lending
Uniform Residential Appraisal Report-Sample
This course is a download of a Uniform Residential Appraisal Report (report form used in lending ONLY) with notes and details that enable the reader to identify the strengths of this report and the weaknesses that may be common in other appraisal reports. It is a full copy of a mock up of an Appraisal Report that would typically be completed for the intended use of being used within a lending transaction. It is complete with requisite photos, maps and addenda and is intended to be read with the notes provided. The purpose of this sample appraisal is to provide an example or standard of how a clear and concise appraisal could look. It would be expected to meet or exceed typical underwriting requirements for a bank or lender and was prepared to demonstrate adherence to Uniform Standards of Professional Appraisal Practice.
This course also includes a separate download of the notes to be used in conjunction with the appraisal report provided. They highlight the important features and characteristics that render the report reliable. Obviously, if these characteristics are missing, this might be an indication that the report is flawed.
It is suggested that you download both, and either print one or view on a split screen so that you may compare the notes with the appraisal itself. The attached notes should help you determine the reliability of other appraisal reports you may come upon in the future.
This beginners course is so well written and simple, that it’s a great starting place for just about anyone who works with appraisals via the lending industry.
"As a real estate professional, I am continually honing my skills so I can provide more value and seek the best possible outcomes for my clients. Since Megan has years of experience as a highly successful real estate appraiser and owner of a brokerage, she fully understands what information is most impactful so we can interpret that to our clients and they can make the best decisions. She teaches in a systematic, replicable process, explaining every detail while addressing any concerns. Mastering this important component, will give you the confidence to have mindful discussions with your clients while illustrating your knowledge and ability to get the job done. If you are looking to be a true expert, I highly recommend Megan and her services."
- Eric White-Tampa, FL
- Beth Masi Hobart-Orlando, FL
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Your Instructor
Megan Johnson Judd is a State-Certified Residential Real Estate Appraiser, RD3035, and has been appraising all types of residential properties in Central Florida for over 29 years. A Candidate for Designation with the Appraisal Institute, she receives near constant education from the world's leading appraisal education resources. Megan is a court appointed expert and specializes in complex assignments, litigation support, court testimony and education. Her formal training as a Review Appraiser has resulted in a skill set that not only enables her to use a multitude of tools by which to analyze data and develop her own reliable and concise appraisal reports but also to review the work of others in an effort to strengthen their work product.
Megan approaches all of her work with a focus on ethics and education, rooted firmly in the belief that no dilemma is so great that it cannot be solved by honest and fact based communication. Her career has been the result of many years of great advancements and small setbacks, each met with the same attitude that through collaboration and education we can all obtain proficiency.
Megan has given lectures to the Orlando Regional Realtor Association, the Orange County Bar Association and the Central Florida Bankruptcy Law Association, as well as to several area real estate and mortgage brokerages. She has acted as a Mentor/Supervisor to many Trainee Appraisers and is the author of several Residential Real Estate Appraisal based courses.
A mother of three and the owner of Metropolis Real Estate Solutions, LLC, an Orlando based real estate brokerage and appraisal firm, she has become a master of multi-tasking. Her hobbies include reading, travel, writing, cooking, camping, and interior design. Oh, and eating. Eating all of the things. Don't forget about eating.
Course Curriculum
Frequently Asked Questions
Thank you for participating in this course offering. Of all the Appraisal Basics downloads, this one should provide you with the most clear representation of how to read an appraisal, from start to finish, and arrive at a logical conclusion that mirrors that of the author. For other insight into how you can determine the quality and reliability of an appraisal report, check out some of our other course offerings over at www.AppraisalBasics.com.