This is the 7-Hour National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course, as developed by The Appraisal Foundation (Foundation). The course focuses on how to use the USPAP publication to help solve appraisal issues that affect daily appraisal practice. 

• Explore the development of the traditional approaches for residential appraisals, with emphasis on the challenges associated with REO and foreclosure properties 
• Examine an appropriate scope of work for an REO appraisal
• Gain insights on the concepts of cost to repair and cost to cure, along with data sources to support cost estimates

• Examine several different appraisal techniques and learn how creativity (e.g., use of non-traditional appraisal techniques) can be employed to solve appraisal problems
• Review complex residential properties (i.e. 1- to 4-unit residential properties); learn how the techniques also apply to the appraisal of non-residential properties 
• Course designed for novice and experienced appraisers

• Gain an understanding on how to compute the area of simple lots and calculate adjustments based on paired data analysis
• Discover the physical, governmental, legal, economic, and social forces that impact valuation of land and site 
• Learn how to calculate site value using Extraction Method, Allocation Method, Subdivision Development Method, Land Residual Method, and Ground Rent Capitalization Method

• Explore site and exterior of improvements 
• Gain tips on interior inspection 
• Improve your measuring skills 
• Get insights on how to report the inspection
• Audio and video included in course

• Gain in-depth knowledge on the nuts-and-bolts of the state and federal laws and regulations 
• Explore the histories and functions of terminology, certification agencies, licensing requirements and standard practice procedures