Residential Underwriting Basics

The single most important tool set someone can add to their toolbox is learning is how to come up with an accurate value on a property.

Many federal contractors who are required to prepare affirmative action plans often do not understand how to track the race and gender of applicants in a manner that will satisfy the Office of Federal Contract Compliance Programs (OFCCP). They also do not understand how to track electronic applications in a manner that will satisfy the OFCCP as is required by their newly implemented regulations that went into effect earlier this year. This information helps the persons responsible for applicant tracking to understand how first to establish an applicant tracking system for all applicants and then how to understand the process required for electronic applications. This material also explains the method required for analyzing the race and gender of applications received and how this relates to the hiring process. Failing to have a proper applicant flow system is the most common error employers make in reporting to the OFCCP. It has often led to discrimination awards of many thousands of dollars. This topic is critical for employers so they can ensure their tracking system of electronic systems meets the new OFCCP requirements. One of the biggest mysteries for people in real estate is how to come up with an accurate value on a property. It is the single most important tool set someone can add to their toolbox. There are no short cuts to finding values but there are a lot of techniques that can be used.