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Class Descriptions
Trainee
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601 |
BASIC APPRAISAL PRINCIPLES |
30 HOURS |
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This basic appraisal course provides an overview of real
property concepts and characteristics, legal considerations,
value influences, real estate finance, types of value,
economic principles, real estate markets and analysis, and
ethics in
appraisal theory. Through theory and examples, the
course offers practical
application of appraisal principles. |
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602 |
BASIC APPRAISAL PROCEDURES |
30 HOURS |
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This basic appraisal course provides an overview of real
estate appraisal
approaches to value, valuation procedures,
property description, residential applications, commercial
applications, improvement construction, home inspection, and
appraisal math. Through theory and examples, the course
offers practical application of appraisal procedures. |
|
600 |
THE 15-HOUR NATIONAL USPAP COURSE |
15 HOURS |
Licensed
|
611 |
RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND BEST USE |
15 HOURS |
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Identifying and analyzing market forces affecting the
buyers’ and sellers’ behavior is key to understanding and
reporting values. This course is designed to give students
the tools needed to properly collect and analyze market
data. In addition, the
theory of Highest and Best Use is
reviewed. The two-step analysis along with the four tests for Highest and Best Use are covered in detail. |
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612 |
RESIDENTIAL APPRAISER SITE VALUATION AND COST APPROACH
|
15 HOURS |
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This course will help students gain valuable insight and a
working knowledge of the various theories and methodologies
for arriving at residential site values and
applying Cost
Approach in everyday appraisal work. |
|
613 |
RESIDENTIAL SALES COMPARISON AND INCOME
APPROACHES |
30
HOURS |
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Gain a basic understanding and knowledge of the residential
sales comparison
and income approaches. The course includes
the valuation principles and
procedures applicable to both
approaches. With the aid of case studies, students
will
develop and apply the techniques for market analysis,
including the application and use of matched pairs and
capitalization rates and gross rent multipliers. |
|
614 |
RESIDENTIAL REPORT WRITING AND CASE STUDIES |
15 HOURS |
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This course focuses on the variety of form reports in use by
residential appraisers today: the URAR,
2055-drive-by-format, and others. Students will gain
valuable insights into how to fill out these forms properly,
in compliance with USPAP and
other guidelines. Courses will
be given for comparable sales, flood mappings,
census tract
maps and other information necessary for form completion. |
Certified Residential
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621 |
STATISTICS, MODELING AND FINANCE
|
15 HOURS |
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This course is designed to provide students both the theory
and practice of
statistics, real estate finance, and
valuation modeling for today's Certified
Residential
appraiser. The first half of the course outlines terminology
and basic statistics principles, including practical
applications in statistical analysis. The last
half presents
an explanation of real estate markets, terms of financing,
and
real-world examples of how financing affects the value
of real property. |
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622 |
ADVANCED RESIDENTIAL APPLICATIONS AND CASE STUDIES
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15 HOURS |
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This course focuses on complex properties that include
valuing unique and
high-end residential dwellings:
residential dwellings with excess site/land that have
an
alternative or interim use as the highest and best use;
residential properties that exceed the effective demand of
the market; common-wall structures; mixed-use properties and
residential properties with substantial and, sometimes
unique, accessory structures and/or amenities. The course
makes strong use of case
studies for discussion, analysis,
and problem solving to elevate students knowledge of
challenging residential appraisal assignments and develop
the expertise to
recognize and address those situations at
the Certified Residential level. |
|
651 |
CALCULATOR COURSE |
15 HOURS |
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This course focuses on using the HP 12C in financial
calculations as they apply to appraising. It makes use of
the basic features of the calculator through demonstrations
using a number of problems and examples that apply to real
estate appraising. The objective is to give the student
sufficient basic skills to properly analyze income
properties. |
Continuing Education
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700 |
USPAP UPDATE |
7
HOURS |
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This 7-Hour USPAP update course focuses on 2008 changes to
USPAP requirements for ethical behavior and competent
performance by appraisers. The course will assist real
estate appraisers seeking updated competency in USPAP. |
|
701 |
REVIEWING APPRAISALS |
8
HOURS |
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Reviewing Residential Appraisals is designed to help any
person who is involved in the underwriting process and/or
the handling of appraisal reports, to better understand
single family residential appraisal reports and the
appraisal review process. |
|
702 |
FANNIE MAE |
8
HOURS |
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The course is designed to inform and provide the students
with an understanding about the extensive supplemental
standard know as the Fannie Mae Appraisal Guidelines, which
is very prevalent in appraisal assignments for lenders. |
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703 |
FRAUD, FLIP, AND THE FBI
|
8
HOURS |
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An examination of the law as it applies to mortgage fraud
and appraising. An explanation of Title 18 and case studies
of appraisers convicted of various violations. |
|
704 |
CONCEPTS, TERMINOLOGY AND TECHNIQUES
|
15 HOURS |
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A comprehensive overview of residential and small commercial
appraising. |
|
705 |
MINERAL RIGHTS AND THE FEE SIMPLE APPRAISER |
8
HOURS |
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This course is meant to inform the fee
simple appraiser on strategies to deal with
the issue of
mineral rights. The course will spend a lot of time on
the basics of the mineral interest and how mineral rights
impact the appraiser's job. A MUST for
any appraiser working in
states with mineral rights. |
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706 |
SUPERVISING THE BEGINNING APPRAISER
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7
HOURS |
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This course will show appraisers how to establish a training
program. Students will gain a hands-on, step-by-step idea of
training that will reduce their liability by establishing
sound appraisal practices and allow them to train their
trainee with confidence. Helpful class for Trainees as well
so they know what to look for in a Supervisor. |
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707 |
FHA AND VA APPRAISALS |
7
HOURS |
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This class provides an understanding of the historical as
well as the present need
for these programs, and a review of
the approval process to gain placement on their rosters.
Inspection and reporting requirements and resources for
continuing program updates are examined, as well. |
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708 |
MORTGAGE FRAUD |
7
HOURS |
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This course will
allow you to recognize and define all forms of mortgage fraud,
including key indicators, participants and effects on consumers,
sub-prime lending, components to lending techniques. |
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709 |
VALUING REAL ESTATE IN A CHANGING MARKET |
8 HOURS |
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This
course is designed to provide attendees with a professional
development opportunity which focus on the fact that real
estate markets are dynamic. The
course uses both real estate
and non real estate commodities to demonstrate the
principles. |
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709 |
SOLVING TOUGH RESIDENTIAL APPRAISAL PROBLEMS ( STRAP) |
5
HOURS |
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This five
hour continuing education course is designed to focus on the
fact that Highest & Best Use is the most important pa of the
appraisal practice. Refreshing the attendee's foundation &
Case Studies. |
|
652 |
MASTERING UNIQUE AND COMPLEX PROPERTY
APPRAISAL |
20 HOURS |
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This course is intended to raise the level of awareness of
the scope of work involved with assignments other than the
everyday single-family residential appraisal. Learning
objectives include the ability of the student to understand
the performance requirements to complete the assignment at
the Certified Residential level. Some of the property types
discussed include mixed-use, income-producing, unusual, and
one-of-a-kind properties. |
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