Approval #:AP3124 Sponsor Code:
This is The Appraisal Foundation's NEW official online 7-hour National USPAP Update Course for 2014-15!This course includes a downloadable version of the 2014-2015 USPAP Book. This course is designed to fulfill the continuing education requirement which specifies that state licensed and certified appraisers must complete a 7-hour update course on the Uniform Standards of Professional Appraisal Practice every two years. While this course contains material pertaining to all aspects of USPAP, the focus is primarily on: - Revisions to USPAP effective January 1, 2014 - Practical applications of USPAP through "illustration" examplesThe overall goal of this course is to make students aware, and foster understanding of, the revisions made to USPAP for 2014-15 edition, and to help them apply the requirements of USPAP in situations that occur during their day-to-day activities as real property appraisers. By the conclusion of this course, students will not only be fluent in USPAP concepts and applications, but they will also have demonstrated mastery of the material.
This course is accepted for Assessor credit.
Approval #:AP1842 Sponsor Code:
Course is iPad compatible - Fannie Mae. Freddie Mac. FHA. VA. As an appraiser, these acronyms should be all too familiar. Understanding the guidelines and requirements of these agencies is a key element of real property appraisal. Your instructor, Alan Simmons, will provide extensive information on the forms and guidelines from the aforementioned agencies, and will offer you hands-on experience through practical problem solving. In addition, your instructor will also guide you through the proper completion of the Small Residential Income Property Appraisal Report (SRIPAR).
Approval #:AP2873 Sponsor Code:
Course is iPad compatible – Do you know the benefits of
utilizing regression analysis in valuing real property? A thorough
understanding of the multiple components of regression analysis will give you a
helpful edge when it comes to valuing residential and commercial real property,
as well as giving you the tools to work with a wide variety of clients. Your
instructor, Dan Bradley, will present the basics of regression analysis and the
process of utilizing regression analysis in evaluating a property.
Approval #:AP3245 Sponsor Code:
Course is iPad compatible - This course is developed specifically for the commercial appraiser who wants to branch out into the specialty of appraising existing assisted living facilities. Proposed construction appraisals are not addressed. The course assumes that the student appraiser has training on the sales comparison approach and the income approach, including discounted cash flow analysis. This course ties that training to the specialty of assisted living facility appraisal. The initial chapters give the appraiser a foundation in the assisted living market and the factors that influence supply and demand. The sales comparison approach material addresses how some adjustments are unique to assisted living or adapted to assisted living. The two income approach chapters familiarize the appraiser with how to: (1) To understand the estimation of income, expenses and capital expenditures specific to assisted living facilities and (2) To apply the income approach to both stabilized and un-stabilized assisted living facilities.
This advanced level course is geared toward commercial appraisers.
Approval #:AP3180 Sponsor Code:
Course is iPad compatible – In recent years, the
self-storage branch of the real estate industry has become a burgeoning market
for practicing commercial appraisers. Familiarity with the ins and outs of
self-storage appraisals is beneficial, particularly as knowledge of this
specialized market will attract a wide range of investors and clients alike.
Your instructor, Tracy Martin, will provide instruction on this continuously
growing market by introducing you to the fundamentals of self-storage facility
Approval #:AP1868 Sponsor Code:
Course is iPad compatible – As the largest insurer of
mortgages in the world, the U.S. Department of Housing and Urban Development
(HUD) is a major player in the United States’ real estate market and an equally
important regulatory entity in the valuation profession. HUD’s Federal Housing
Administration (FHA) program sets the standards for a large number of
residential appraisals nationwide. Knowledge of FHA appraisal requirements and
protocols will help ensure that the properties you appraise meet the
government’s health, safety, and security standards. Your instructor, Dan
Bradley, will address both current FHA roster appraisers and those who are
unfamiliar with FHA assignments by providing detailed information on FHA
protocols in addition to useful insights and tips.
Approval #:AP2696 Sponsor Code:
Course is iPad compatible – Over 17 million Americans live
in manufactured homes, which makes them an integral component to the housing
market. As an appraiser, understanding this segment of the real estate industry
will allow you to reach a wide range of potential investors and clients. Your
instructor, Alan Simmons, will explore the diverse aspects of this market
segment, including the history of manufactured housing and the details of the
Department of Housing and Urban Development (HUD) Code for manufactured
Course is iPad compatible – What is the appraiser’s
responsibility when the outdoors starts creeping indoors? There are dozens of
important environmental forces an appraiser must understand when valuing a
building, as small concerns may be symptoms of a much larger underlying
problem. Knowing the warning signs of common environmental issues will allow
you to adequately evaluate a property and will provide you with a working
knowledge of how to report specific environmentally-related problems.
This course is accepted for Assessor credit
Approval #:AP2606 Sponsor Code:
Course is iPad compatible – In today’s lawsuit-saturated
world, it is critical for the conscientious appraiser to understand the use of
disclosures and disclaimers. Utilizing both as a regular part of your everyday
appraisal practice will not only help you protect yourself and your firm, but
will also strengthen your credibility with investors and clients alike. Your
instructor, Dan Bradley, will provide you with extensive knowledge on the use
of disclosures and disclaimers in the real estate market by providing you with
examples of specific terminology, requirements, and issues associated with
disclosures and disclaimers.
Approval #:AP2199 Sponsor Code:
Course is iPad compatible – Fortunately or unfortunately,
not all appraisals are cut-and-dried. Complex properties are often the most
difficult appraisals, requiring a simultaneous understanding of the market and
potential buyer behavior. Consequently, developing a working knowledge of this
market segment will allow you a competitive edge as a practicing appraiser. In
this course, your instructor Dan Bradley will provide you with extensive
information on the various techniques that can be used in appraising these
unique and challenging properties.
Approval #:AP3178 Sponsor Code:
Course is iPad compatible –A recent McGraw Hill study showed
that over the past decade, green building in the single-family residential
sector has increased ten-fold, up from 2% to over 20%. With these
environmentally-conscious building practices only expected to grow in
popularity, it is critical for appraisers to understand the design and
construction of heating, ventilation, and air conditioning (HVAC) systems in
these high performance structures, as the likelihood that you will be called
upon to value a green building will only increase as more builders start to
transition to eco-friendly construction practices.
The principles presented throughout this course can be applied in the appraisal of both residential and non-residential properties, although the examples provided are primarily residential in nature.
Course is iPad compatible – Legal terminology may be its own
unique language, but due to the nature of the valuation profession, all
appraisers should be familiar with the basics of real property legal terms.
Understanding these elements of the appraisal process will allow you to more
effectively assess and value property assignments. Your instructor, Tracy
Martin, will help demystify the numerous legal facets of a real estate
transaction, including warranties, deeds, public records, constructive notices,
and land descriptions.
Approval #:AP2744 Sponsor Code:
Course is iPad compatible – Put into effect by Fannie Mae
and Freddie Mac in 2011, the Uniform Appraisal Dataset (UAD) is a tool used to
standardize the ratings and responses for specific appraisal forms. A thorough
knowledge of the UAD is essential for any appraiser evaluating homes for
lenders who sell loans to Fannie Mae and Freddie Mac. In this course, your
instructor Dan Bradley will provide you with detailed information about the
UAD, including an overview of the Uniform Mortgage Data Program (UMDP) and a
review of key terms, requirements, and guidelines associated with the UAD.
Approval #:AP2324 Sponsor Code:
Course is iPad compatible – Land and site valuations have a
number of unique factors that the appraiser must take into consideration during
an evaluation. Understanding what makes land and site appraisals so unique will
help you adequately appraise these properties — a skill which may keep you in
high demand with a variety of clients. Your instructor, Alan Simmons, will
offer you an in-depth look at valuation of land and site by reviewing specific
definitions and legal descriptions of land and site parcels.
Approval #:AP3050 Sponsor Code:
Course is iPad compatible – From the Center for Disease
Control’s solar-fueled laboratories in Atlanta to wind-powered public libraries
in California, green building is trending all over the country. With the odds
of a “green” appraisal assignment in your future increasing every year, it is
important for appraisers to understand the nuances of eco-friendly building
practices. In this course, your instructor Dan Bradley will introduce you to
current concepts prevalent in residential green buildings, as well as give an
overview of the various sustainable materials, techniques, and strategies
associated with green building.
Approval #:AP2766 Sponsor Code:
Course is iPad compatible – Cladosporium. Aspergillus.
Penicillium. Alternaria. These species of mold are just a few of the
environmental pollutants all appraisers should be aware of when evaluating a
residence. As well as posing a potential health hazard to residents, mold and
other contaminants can significantly decrease the value of a home. Understanding
these common environmental concerns will help you in appraising real property.
In this course, your instructor Dan Bradley will provide you with an
overview of common household molds and particulate matter, as well as the ways
in which an appraiser should handle these hazards.
Course is iPad compatible – Mortgage fraud is a serious and
pervasive crime within the real estate, valuation, and lending professions,
with the FBI reporting over $116 million in fines levied on fraudulent parties
in 2011 alone. As a practicing appraiser, it is important for you to understand
the numerous fraud schemes that are common today, including flipping, silent
seconds, and cash-back-at-closing scams. Recognizing these criminal acts will
allow you to protect yourself, your firm, and your client from mortgage fraud.
In this course, your instructor Dan Bradley will provide in-depth information
on the appraiser’s role in various types of real estate and mortgage-related
Course is iPad compatible – Relocation appraisal is a
specialized field that appraisers are often tentative about pursuing, as many
certified and licensed appraisers have never accepted and/or completed a
relocation appraisal. Consequently, developing a thorough understanding of this
market segment may give you a competitive edge as a practicing appraiser. Your
instructor, Dan Bradley, will provide you with in-depth information on the
relocation industry and the processes involved in completing a relocation
appraisal assignment, as well as reviewing specific terminology, forms, and
guidelines associated with relocation appraisal.
Approval #:AP2241 Sponsor Code:
Course is iPad compatible – Though the increased number of
mortgage defaults and foreclosures in the U.S. is no cause for celebration, it
is a simple fact that they present business opportunities for appraisers. As a
practicing appraiser, it is beneficial for you to have a working knowledge of
the lending and foreclosure processes associated with Real Estate Owned (REO)
properties. Your instructor, Dan Bradley, will provide you with in-depth information
on the development of the traditional approaches for residential appraisals in
addition to the unique challenges associated with REO and foreclosure
properties, from accepting an assignment to delivering a final report.
Approval #:AP2706 Sponsor Code:
Course is iPad compatible – As one of the three major
disciplines of appraisal practice alongside appraisal and appraisal consulting,
appraisal review is a critical skill for any appraiser looking to help grow his
or her business. Whether part-time or full-time, reviewing your peers’
appraisal reports can be a lucrative specialty, particularly for residential
appraisers. In this course, your instructor Alan Simmons will provide an
overview of review principles in general with the goal of equipping you to be a
more effective reviewer of your own and others’ appraisals.
Approval #:AP2707 Sponsor Code:
Course is iPad compatible – Sitting at your keyboard writing
appraisal reports might not be the most glamorous aspect of a career in
appraisal, but it is one of the most important. Understanding the content
requirements and procedures associated with a residential appraisal report is a
critical element of your success in the appraisal profession. In this course,
your instructor Dan Bradley will review this final step in the appraisal
process by guiding you through the different form reports and acquainting you
with other available reporting options, including narrative reports.
Course is iPad compatible – As the housing market continues
its slow recovery from the recent economic crisis, lenders are putting
appraisers under close scrutiny at every stage of their valuation.
Consequently, deviation from the appraisal requirements of USPAP may result in
civil penalties, criminal penalties, or even the loss of your license. In this
course, your instructor Alan Simmons will review a few practical ways you can
protect yourself by identifying common malpractice issues.
Approval #:AP1910 Sponsor Code:
Course is iPad compatible – As one of the three primary
approaches commonly used by appraisers to value real property, the cost
approach is a critical part of your appraisal knowledge base. A thorough
working knowledge of the cost approach will help you produce a credible
indication of value and will help provide you with the tools to do business
with a wide range of clients. Your instructor, Alan Simmons, will equip you
with the terminology and procedures associated with cost approach, in addition
to related concepts such as alternative methods of site valuation, replacement
and reproduction cost, accrued depreciation, and market extraction.
Approval #:AP1993 Sponsor Code:
Course is iPad compatible – Based on Advisory Opinion 11 of
the 2014-2015 edition of USPAP, the “Dirty Dozen” covers the twelve elements
that must be included in an Appraisal Report and a Restricted Appraisal Report.
As the primary means of communicating the critical aspects of the appraisal
process (including assignment results) to the client and other intended users,
developing an understanding of these content requirements is invaluable to the
appraiser-client relationship. Your instructor, Dan Bradley, will provide you
with detailed information on the appraisal process as well as the various
elements of the two USPAP reporting options.
The 12 things that need to be in every appraisal report.
Green building is one of the fastest-growing segments of the construction industry today. Through this introductory-level course, you will gain a better understanding of the basics of green building and the relevance of sustainable construction and design. This course provides an overview of residential and commercial green building, including green materials, construction techniques, and third-party ratings for green structures. You will understand reporting issues related to green properties, including avoiding misrepresentation, and become aware of green MLS initiatives and energy-efficient mortgage products. This course avoids the hype and environmental hysteria, and gets to the nuts and bolts of this current issue in real property appraisal.
In addition to the end-of-chapter quizzes and final exam, each chapter contains mini-quizzes that will test your knowledge of the material. The mini-quizzes will help prepare you for not only the end-o-chapter quiz, but also the cumulative final exam at the end of the course.
Approval #:AP3246 Sponsor Code:
This course provides an in depth look at the Sales Comparison Approach to value.
It is an upper level course that expands on the concepts learned in the Principles and Practices courses. Illustrations and examples are offered throughout. Problems and case studies are employed.
The majority of the course will concentrate on residential properties, although there will be a substantial portion that is applicable to all kinds of income producing properties.
Approval #:AP3179 Sponsor Code:
Course is iPad compatible – What stands between you and the
elements? Beyond drywall and two-by-fours, there are a number of elements that
go into the construction of energy-efficient buildings that can affect the
value of a property. This course explores the ins and outs of the thermal shell
in both residential and commercial sectors. Your instructor, Tracy Martin, will
overview the basics of building science and examine the systems designed to
reduce air and water infiltration and thermal transmissions.
Approval #:AP3253 Sponsor Code:
Course is i-Pad compatible. This course covers primarily residential construction and is intended for real property appraisers, real estate agents, and anyone else who intends to build a house. It covers the entire process, literally from the ground up. Main topics include site preparation, footings and foundations, framing systems, insulation and ventilation, HVAC and mechanical systems. It is filled with illustrations and photographs, with an emphasis on recent features and building practices. Special sections include new building materials and practices. There is an extensive section that investigates recent market and building trends, as well as housing for people over 55 years of age.
Approval #: Sponsor Code:
This course is intended to provide a brief overview to the revisions that have been made to USPAP for 2014-2015. It focuses specifically on the information that is most important to real property appraisers.
NOTE: This is a non-credit informational course, and is not intended to be a substitute for the 7-hour USPAP Update Course.
This is a non-credit course.
Course is iPad compatible –The FHA mortgage insurance
program has insured over 34 million mortgages since its inception in 1934.
That’s a lot of appraisals. HUD has recently ramped up its enforcement program
against appraisers who do substandard work, so it’s more important than ever to
do quality FHA appraisals. Appraisers need a checklist they can use at the
property to make sure they are not missing anything - and we have one. In
this short non-credit course, your instructor Dan Bradley will provide a
thorough overview of a sample FHA inspection checklist, and will show you how
to make and use your own checklist.