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Understanding the Condo Appraisal

Condo appraisals are different from home appraisals. Discover what property characteristics make a condo unique, what factors to consider when analyzing the Individual Condominium Unit Appraisal Report (1073/465) and what the required exhibits are.

Who should attend:

Loan originators, processors, underwriters

Learning objectives:

  • Review property characteristics unique to condos
  • Review key sections of the condo appraisal report
  • Review common secondary market requirements and potential red flags
  • Receive a condominium checklist to assist with your review of the appraisal report and identify potential cautionary items

Approx. length:

Classroom – 60 to 90 minutes
Virtual – 60 minutes

Interested in this training opportunity?

Get in touch with your MGIC representative or complete our specialized training kickstarter form to get the ball rolling.

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