Confused about the new appraisal rules? Not sure about which Fannie Mae guidelines, USPAP, and lender requirements will affect the appraisal? Come learn the correct terminology and criteria required to prepare an appraisal report and how to choose properties for a credible Comparative Market Analysis (CMA).

Students will be able to: define and explain the difference between value, price, and cost; demonstrate core value principles and their application to the appraisal process; list the 4 components of an arm's length transaction to create market value; explain gross living area and room count as computed by the appraiser; and, explain how Fannie Mae Guidelines are employed by the appraiser in choosing the most appropriate comparable property.

Atlanta REALTORS® Center
Atlanta REALTORS® Center
5784 Lake Forrest Drive
Atlanta, GA 30328

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Karen Loftus, GRI, SRS, ABR
Karen Loftus holds a BS in secondary education from Mansfield University. After moving South, she obtained her real estate license in 1985 and earned her associate broker’s license in 1994. Karen is a Certified Residential Appraiser, a licensed instructor for the Georgia Real Estate Commission and teaches sales and broker pre-license classes as well as pre-license appraisal. She has also served as a director for both her local board and GAR since 1991. Karen has chaired and served on many GAR committees including the GRI Board of Governors and was the GRI Dean in 2007. She was selected as the Gwinnett County REALTOR® of the Year in 1995 and was the NAMAR candidate for GAR REALTOR® of the Year in 1995 and 2005. Karen received the GAR President’s Award in 2005. She is a graduate of the 2008 GAR Leadership Academy.  Most recently (2021), Karen received the Robert R. (Bob) Jones Distinguished Career Award by the Georgia Real Estate Educators Association (GREEA).