RC_LP_U_310.1 Underwriting Properties with Marketability Issues
MBA Member Price: $49.00
Nonmember Price: $79.00Purchase
This is a single-family/residential course.
The marketability and value of a property can rise or fall depending on many factors which must be considered carefully when the loan is being presented as collateral for a mortgage loan. Underwriting Properties with Marketability Issues addresses some of the common considerations and issues that may affect the marketability of a property, including easements and encroachments, excess land, external obsolescence, functional obsolescence, unique homes, and mixed-use properties.
The course begins with a look at different types of easements and encroachments. Next, it looks at excess land its effect on property marketability. It then looks at two types of obsolescence and the differences between each type. Lastly, it looks at the marketability characteristics of unique properties and concerns with mixed-use properties.
Seat time approximately one (1) hour.