REAC & NSPIRE Updates: New Rules for 2023!

Paul Flogstad

Paul Flogstad

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...
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Pre-recorded
90 Mins
Paul Flogstad

How to prepare for the inspection, what are the rules for correcting deficiencies and the timelines involved!

Attention all real estate professionals! REAC inspections have resumed following a temporary pause caused by the COVID-19 pandemic. Moreover, HUD is recognizing the new National Standards for the Physical Inspection of Real Estate (NSPIRE) platform, which brings significant changes to the inspection process. To ensure you are fully prepared before your next inspection, we invite you to join our information-packed webinar featuring industry expert speaker Paul Flogstad.

In this webinar, Paul Flogstad will provide comprehensive insights into the updated inspection procedures. You'll gain a thorough understanding of the combined inspection areas and the revised point system used in the NSPIRE platform. These changes are essential to grasp in order to effectively manage your property inspections and ensure compliance with the new standards.

Additionally, Paul will discuss the various aids provided to inspectors for scoring computations. You'll discover the latest concepts, including the frequency of inspections and the possibility of self-inspections. These new approaches offer opportunities to optimize your inspection strategies and stay ahead of the curve.

This session delves into the intricacies of the Uniform Physical Condition Standards (UPCS) property standard guidelines and the Real Estate Assessment Center (REAC) inspection process. This session is designed to equip you with the latest rules and interpretations essential for successfully navigating property inspections.

Attending this webinar, you will gain a thorough understanding of the UPCS guidelines, which are crucial for maintaining compliance, particularly for Low-Income Housing Tax Credit (LIHTC) properties. Paul Flogstad will provide detailed explanations of these guidelines to ensure you have a clear comprehension of the minimum standards required.

To enhance your learning experience, the webinar will showcase actual photos of non-compliance items. This visual component will offer a tangible understanding of the importance of adhering to these minimum standards. Furthermore, you will learn practical strategies for scheduling inspections and accompanying the inspector during property assessments. Additionally, you will discover valuable insights on how to halt a REAC inspection in progress, if necessary.
 
Join us for an immersive real-world course that goes beyond textbook answers and provides you with practical solutions and real-life examples. Led by experienced industry expert Paul Flogstad, this course is designed to enhance your learning through actual experiences and ensure you gain a comprehensive understanding of the rules and processes involved in REAC inspections.
By attending this session, you will not only learn the textbook information but also gain insights from real-world scenarios. Paul Flogstad will draw upon his extensive experience to share practical examples that will enrich your understanding and provide valuable context.
 
After completing this course, you will walk away with a thorough understanding of the rules governing REAC inspections and the entire inspection process. This knowledge is crucial for anyone involved in property management, making attendance at this course a mandatory requirement. By understanding the intricacies of the inspection, you will be better prepared to ensure compliance and effectively address any deficiencies that may arise.

Webinar Objectives

This session aims to provide a clear understanding of the new ruling designed to make property inspections more realistic. The focus is on identifying properties that genuinely require attention, allowing for a more targeted approach. This means that properties with a proven track record of being well maintained may not require extensive inspections, enabling a closer and more frequent review of distressed properties.

Led by industry expert Paul Flogstad, this webinar will delve into the concepts and actual rules surrounding this new approach. Paul will provide detailed explanations and insights to ensure you grasp the intricacies of the ruling.

By attending this webinar, you will gain a comprehensive understanding of the rationale behind the new ruling and how it impacts the inspection process. You will learn the specific concepts and rules that have been put in place to create a more realistic and efficient inspection system.

Don't miss out on this valuable opportunity to enhance your knowledge and stay up to date with the latest developments in property inspections.

Webinar Highlights

There are practical,” real world” examples of HUD cases of not granting a reasonable accommodation request and the financial repercussions involved.

  • 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?
  • What are Exigent Health and Safety Items and how are they mitigated?
  • How do I get a copy of the report?
  • Q & A Session

Who Should Attend

  • Managers
  • Owners
  • Attorneys
  • Compliance staff
  • Maintenance Staff
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