Dart Appraisal Creates Custom Appraiser Training for HUD-REO Properties

TROY, MI--(Marketwire - Oct 18, 2012) - As foreclosures continue to flood the housing market, accurate FHA home appraisals by knowledgeable and experienced appraisers are increasingly in demand. Beginning this fall, Dart Appraisal (www.dartappraisal.com), a leading national provider of residential real estate appraisals, will offer live webinar training for U.S. Department of Housing and Urban Development real estate owned (HUD-REO) property appraisals -- a specialized sector of Federal Housing Administration (FHA) appraisals -- to appraisers through its Dart Academy (www.dartappraisal.com/resources/DartAcademy) continuing education program.

The webinar is open to all appraisers interested in expanding their expertise to this specialized sector, as well as those currently appraising HUD-REO properties. Offered through Dart Academy, an online educational service of Dart Appraisal, the course is designed to provide consistent training and current details of the requirements of HUD-REO appraisals. By learning the specific regulations and requirements of this sector, appraisers will be better positioned to take on the growing number of HUD-REO properties on the market.

"Providing appraisers with the most current information, paired with high quality training designed to reinforce the understanding and implementation of that knowledge, is a top priority at Dart Appraisal," said Michael Dresden, vice president of operations for Dart Appraisal. "In addition to the webinar, we will provide initial onboarding training and weekly tips related to HUD-REO properties. Through these measures, we can ensure that our appraisers continue to comply with all HUD-REO regulations, stay up-to-date on the latest requirements and avoid common reporting errors."

Participants will attend the webinar live, in real-time, and have the opportunity to ask the instructor questions throughout the program. The course costs $149.95 and has been approved for seven online continuing education (CE) credits. To register for this webinar or to browse all Dart Academy courses, visit dartappraisal.com and click the Dart Academy link on the home page.

In 2006, as the number of properties in foreclosure mounted, Dart Appraisal worked with McKissock to prepare its appraisers in several cities to follow HUD-REO appraisal guidelines by offering a full day course on the subject. The new HUD-REO appraisal webinar continues this commitment to education on a larger scale.

The FHA provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single family and multifamily homes including manufactured homes and hospitals. Real estate owned is used in reference to defaulted FHA-insured properties.

Dart Academy (www.dartappraisal.com/resources/DartAcademy) offers nationwide online appraiser continuing education through a partnership with McKissock LP, an industry leader in education. A complete collection of continuing education courses, from mandatory curriculum to state specific regulatory issues, are found through the Dart Appraisal website link.

Dart Appraisal (www.dartappraisal.com) is an independently-owned, nationwide Appraisal Management Company (AMC) founded in 1993. For nearly two decades, the company has built a reputation of superior customer service combined with innovative technology to deliver accurate and timely residential appraisals. Thousands of orders are tracked in real time using a proprietary order management platform designed and maintained by Dart Appraisal. With a singular focus on appraisal management, Dart Appraisal has developed a direct relationship with both appraisers and clients. The company manages a nationwide appraiser panel that requires appraisers to meet stringent quality standards to ensure local competence and reliable appraisals.