Appraisal fraud is one of the fastest growing financial crimes in the real estate industry. This course will take you through the integral steps you need to take to avoid mortgage fraud as an appraiser. 

COURSE HIGHLIGHTS: 

• Get an in-depth look at mortgage and valuation fraud and the various fraud schemes common today 
• Examine the appraiser’s role in various types of real estate and mortgage-related swindles 
• Learn the steps you can take to limit your liability and decrease the likelihood of becoming ensnared in a mortgage fraud scheme

Understanding the content requirements and procedures associated with a residential appraisal report is critical. This course will guide you through different report forms and acquaint you with other valuable reporting options. 
 
COURSE HIGHLIGHTS:

• Learn how to distinguish appraising from reporting
• Review USPAP minimum standards for written report content 
• Gain insights into reporting form options for manufactured homes, small income properties, cooperatives, and condos
• Learn the basics of narrative reports

This course will examine the general topic of factory-built housing and then focus on manufactured housing, specifically HUD Code homes. The course will introduce MH Advantage® which is Fannie Mae’s program to help ease the nation’s affordable housing shortage by providing financing on modern, high-quality manufactured homes. The course includes case studies dealing with comparable selection and adjustment support, and will cover also common deficiencies found in manufactured home appraisals.

Uncover the unique factors that appraisers must take into consideration in land and site valuations. 

COURSE HIGHLIGHTS: 

• 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

Produce a more credible indication of value by gaining a thorough working knowledge of the cost approach.

COURSE HIGHLIGHTS:

• Equip yourself with the terminology and procedures associated with cost approach 
• Gain a better understanding of the sales comparison method of site valuation and the common types of adjustments that illustrate this methodology 
• Learn alternative modes of site valuation and basic kinds of depreciation