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NORTHWESTERN BRANCH BREAKFAST MEETING Appraising Real Property for Lending Institutions

CALL   Date: November 15, 2018   Location: Santa Monica, CA
 
  Local Area Topics  
Category  Electives [E]  
Attendance Hours  2.0  
Current Price  $ 20.00  
    
 
  Location  
Name  Spitfire Grill  
Address  3300 Airport Ave.  
City  Santa Monica  
State  CA  
Zip  90405  
    
 
  Sponsor / Contact  
Chapter  Southern California
Website  www.sccai.org  
Contact Name  Linda Zimmer  
Email  linda@sccai.org  
Phone  (818) 957-5111x3  
 
  Description  
Approved: 2 hrs CE BREA

SUBJECT:
Ernie Lopez , MAI, AI-GRS, MBA will speak about appraising real property for lending institutions and the particular appraisal requirements of this type of client.
Mr. Lopez will give an overview of lending institution appraisal reporting requirements and will discuss related topics including: 1.) Frequent errors or omissions in appraisal reports; 2.) Best practice communication procedures for appraisers in interactions with borrowers and with the lending institution; 3.) Appraisal issues related to bank regulation procedures.

SPEAKER:
Ernie Lopez , MAI, AI-GRS, MBA is a Senior Vice President, Chief Appraiser of East West Bank, one of the largest independent banks headquartered in California. Through Ernie’s tenure in the appraisal profession combined with his passion for commercial real estate, banking, real estate sales, process improvement, real estate consulting, and business relationship development, he has been able to proactively mitigate risk for the Bank. Ernie holds a Certified General Real Estate Appraiser license, MAI and AI-GRS designations from the Appraisal Institute and a Real Estate Broker license in the State of California. Ernie attributes his success to hiring the right team members and is often caught saying, “You are only as good as your team.”
Prior to his work at East West Bank, Ernie worked as a commercial real estate appraiser at the prestigious appraisal firm of Norris Realty Advisors, specializing in real estate valuation, real estate consulting and due diligence for a wide variety of commercial and income-producing properties for financial institutions, government agencies, and attorneys.
Ernie is a graduate of Cal State University, Los Angeles, and University of Redlands. He is also active in leadership positions in local professional and community organizations. Currently, he is a member of the Appraisal Institute; a member of the Risk Management Association (RMA); a member Southern Chief Appraisers Group; and a member of West San Gabriel Board of Realtors. He has served as a member of Southern California Chapter of the Appraisal Institute; CSULA Alumni Association Board of Directors; Longden Elementary PTA; as an AYSO soccer coach; and at the Boys and Girls Club of East Los Angeles. Ernie enjoys running, attending concerts and movies, and is consistently learning new management skills from simply being a father to two beautiful loving daughters.
 
  Audience  
All are welcome
 
  Equipment  
none required
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, $10.00 cancellation fee.
  • 2 - 14 days prior to program start date, $15.00 cancellation fee.
  • Less than 2 days prior to program start date, forfeit of payment.
       
CHAPTER-DEVELOPED PROGRAM
This Educational Program (Program) was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program. The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations. This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.
ENROLLMENT Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.
ATTENDANCE The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
PREREQUISITES Some classes have prerequisites. Be sure to read the course description to find out if there are any prerequisites for this course. REQUIRED TEXTBOOKS Some classes have required textbooks. Be sure to read the class description to find out if there are any required textbooks for this course. There will not be any textbooks for purchase at the class. You must buy them ahead of time. If you arrive for a class without the required textbook credit for the class cannot be given and there will be no refund. REQUIRED EQUIPMENT Some classes require you bring a laptop and or other equipment. Be sure to read the class description to determine if any equipment is required. You are responsible for bringing your own extension cord(s). None will be provided. Please safeguard your equipment and personal belongings at all times. The Appraisal Institute, the Southern California Chapter, the Instructor or the facility will not be responsible for any loss of your personal belongings.
CLASS MATERIALS TO DOWNLOAD Some classes are now available with downloadable materials. If you opted to download class materials instead of having them shipped to you, you will be required to bring the materials with you on a laptop or as a hard copy. If you do not have the materials with you credit for the class cannot be given and there will be no refund. Copies will not be available to you in the class. You are responsible for bringing your own extension cord(s). None will be provided.
ADA COMPLIANCE It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.
COMPLETION CERTIFICATES For scannable exams, written notification of results will be sent to the examinee approximately 15 business days from the date of receipt of the exams at the national office. Certificates of completion for continuing education will be sent to the student in approximately 15 days from the date of the class. Express Grading is available. For more information contact the national office at (312)335-4207.


Program materials will be picked up at the site.
 
  Additional Information  
DATE/TIME: THURSDAY, NOVEMBER 15, 2018
- 7:30 am - 9:30 am
LOCATION: SPITFIRE GRILL 3300 Airport Avenue, Santa Monica (310.397.3455)

Directions: From the Santa Monica Freeway, take the Bundy Drive South exit. Just south of the Santa Monica Airport, turn west onto Airport Avenue. The Spitfire Grill is on the south side of the street - a short distance from Centinela Avenue. Bundy turns into Centinela at National Blvd.

  Facility and Information  

 

 
















 
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