Real Estate Assessment Center(REAC) Inspection 2020 Updates


Topic :Real Estate Assessment Center(REAC) Inspection 2020 Updates

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On October 24, 2018 HUD’s Office of Public Relations released a statement which discusses the future of physical inspections performed through the HUD Real Estate Assessment Center (REAC). In this statement, HUD expresses the interest in an update to the REAC Inspection System, specifically in the scoring model. The memo states that “it has become clear that REAC’s 20 year old scoring system needs to be changed to better reflect the conditions of the properties where more than two million families call home.”

Areas Covered in the Session :

What to expect in New REAC
What are the latest updates to UPCS rules
How are these rules interpreted
How often will we be inspected?
What do the scores mean?
What are my rights during an inspection?

Speaker Profile :

Paul Flogstad is a Keynote Speaker at Compliance Key. Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training. Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.

Contact Info :
Compliance Key
Phone : +1 717-208-8666

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