28-hr Residential Appraiser Renewal Package

$519.99
Online
Mandatory
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2020-2021 7-Hour National USPAP Update Course

7 Hours

Get up to speed on the latest edition of USPAP with The Appraisal Foundation’s official online course. This course will cover all the revisions in the 2020-2021 version of the National USPAP Update course plus it will help you apply the requirements of USPAP in situations that occur during your day-to-day work.

COURSE HIGHLIGHTS:

  • Gain fluency and mastery in USPAP concepts and applications
  • Go in-depth on the issues that affect your daily appraisal practice
  • Learn through the use of peer-polls, quizzes, course video and downloadable aids
7 Hours
Online
Elective
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Evaluating Today’s Residential Appraisal: Reliable Review

7 Hours
The need for appraisal reviews has increased in recent years for a variety of reasons: more pressure on lenders to evaluate the reliability and accuracy of appraisals, state laws requiring AMCs obtain appraisal reviews on certain percentages of appraisal reports received, more lawsuits, follow up steps related to bank-acquired properties following foreclosures, and many other reasons. However, the industry continues to have few review designations and there is no appraisal review license issued.
This course is designed to provide training to current appraisers who are interested in mastering the nuances and pitfalls that come with appraisal review, specifically reviewing residential appraisal reports, mainly for lending uses. The course begins with looking at the why, what, and how of appraisal review. After those basics, the Review Standards themselves and Rules are examined, with a strong focus on example scenarios, sure to bring out good discussions in a classroom environment. Additionally, these units tie together the associated components of the Development and Reporting Standards, rather than simply examining Development in one chapter and then Reporting in the next; this approach ensures that there is an immediate understanding of the practical implications on the report itself. The next chapter focuses on the flexibility of a review’s scope, common forms as they relate to the scope of work, and distinguishing between statements that infer a value opinion and those that do not. What do we actually measure the appraisal report against? This is the question we answer in the next three chapters, looking at the Standards for appraisals, unacceptable practices and common errors, and typical client and user expectations. While report and scenario examples are used throughout the report, longer report examples are discussed in the final chapter, along with revisiting ethics.
7 Hours
Online
Elective
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Appraisal of REO and Foreclosure Properties

7 Hours
Gain a greater understanding of the lending and foreclosure processes leading to properties becoming real estate owned (REO), and the roles and responsibilities of valuation professionals in this process. 

COURSE HIGHLIGHTS: 
  • 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
7 Hours
Online
Elective
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That's a Violation

4 Hours
With disciplinary cases against appraisers on the rise, this course will walk you through violations and offer ideas on how to avoid them in your appraisals. 

COURSE HIGHLIGHTS: 
  • Walk through violations prosecuted by state appraisal enforcement agencies and their associated sanctions  
  • Go in-depth with the applicability of USPAP and examples of significant willful violations and minor errors that affect the credibility of assignment results 
  • Review The Appraisal Foundation’s Voluntary Disciplinary Action Matrix and apply it to real-life case studies
4 Hours
Online
Elective
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Supporting Your Adjustments: Methods for Residential Appraisers

3 Hours
Whether your sales and rental data is plentiful or scarce, this course will uncover methods to strengthen your appraisal quality through supporting your adjustments. 

COURSE HIGHLIGHTS: 
  • Examine the appropriate methodologies to develop and support adjustments using the Sales Comparison approach
  • Learn the proper sequence of adjustments 
  • Discover the numerous methods of developing gross living area, bedroom, and bathroom adjustments 
  • Improve your income capitalization skills to develop and support adjustments 
  • Get insights on developing market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities
  • Audio and video included in course
3 Hours

Appraisal Continuing Education Course Ratings and Reviews

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