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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Appraising Today's Manufactured Homes

7 Hours
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.
7 Hours
Online
Elective
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Evaluations, Desktops, and Other Limited Scope Appraisals

4 Hours
This course is intended to assist appraisers in understanding the need for and requirements to develop a limited scope appraisal for use in certain types of residential lending and servicing.  The discussion of several different types of limited scope appraisals involves the development and reporting of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).  

Course highlights: 

Compare and contrast the most common alternative valuation products
Recognize when an approach may be omitted from a limited scope appraisal assignment 
Be able to comply with USPAP STANDARD 2 requirements for written appraisal reports
Apply the concepts learned in the course to the review of a limited scope appraisal assignment and report 
4 Hours
Online
Elective
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New Construction Essentials: Luxury Homes

3 Hours
This course covers several aspects of appraising proposed construction or renovations of a luxury home. It is expected that students taking this course are already familiar with the cost approach to value and the fundamentals of appraising new construction properties. Learn the key elements for successful completion of these appraisal assignments and the special issues involved with appraising proposed custom luxury homes. Examples and illustrations are included to enhance the learning experience. 
• Recognize the essential components and the different types of construction drawings. 
• Understand the most common luxury home site valuation methods: sales comparison, extraction, and allocation. 
• Comprehend the main considerations and common errors in calculating the cost new of luxury home improvements.
3 Hours

Appraisal Continuing Education Course Ratings and Reviews

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