North Dakota Appraisal Continuing Education & License Renewal
Whether you're just getting started or are a seasoned appraiser, McKissock has you covered with high-quality North Dakota appraisal continuing education and North Dakota license renewal courses, industry expertise and convenience. Our convenient online North Dakota appraisal classes are written by top-quality instructors to reflect North Dakota’s most recent appraisal practices.
North Dakota Appraisal Licensing Education Packages
Save up to 20% on North Dakota Appraisal Continuing Education & License Renewal and appraisal license renewal packages created just for you. Select North Dakota appraisal packages based on the hours you need and the topics that interest you.
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- All required hours
- 12 month access length*
- Online classes
- Live classes
- Live CE webinars
- Includes 100+ courses
- Additional state completion certificated included
- Pro-series webinars
- Content library
- Appraisal community
- Partner discounts
*This is an auto-renew membership. Two-year commitment is required at the time of initial purchase.
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Individual North Dakota Appraisal Licensing Education Courses
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Our extensive library of online courses include include free learning aides, multimedia components and are iPad compatible.
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Course type
Credit type
Credit Hours
Date
Affiliation
Specialty
Online
Mandatory
2018-2019 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 ...
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 2018-2019 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
Approval #: CE-217062S
Online
Mandatory
2018-2019 7-hour USPAP Update Course for Non-Residential Real Property
7 Hours
The 7-Hour National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course, as developed by The Appraisal Foundation...
The 7-Hour National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course, as developed by The Appraisal Foundation, focuses on changes to USPAP for 2018-19 and on appraisal issues that affect daily appraisal practice. It is unique in that the Course is developed by The Appraisal Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP. In this course, The Appraisal Foundation intends to:
- Present and explain the new revisions to USPAP adopted in 2017 and effective from January 1, 2018 through December 31, 2019
- Present the current changes to USPAP in a variety of scenarios
- Present scenarios that challenge participants to interpret and apply USPAP to situations they encounter in their daily practice
7 Hours
Approval #: CE-217076S
Online
New!
Elective
Residential Construction and the Appraiser
7 Hours
This course covers primarily residential construction and is intended for real property appraisers, real estate agents, and anyone else ...
This course covers primarily residential construction and is intended for real property appraisers, real estate agents, and anyone else who wants to understand more about how houses are constructed.
• Relate basics of property inspection for appraisers
• Identify and summarize various roofing framing systems, types, and coverings
• Recognize trends in new home construction
• Relate basics of property inspection for appraisers
• Identify and summarize various roofing framing systems, types, and coverings
• Recognize trends in new home construction
7 Hours
Approval #: CE-218079S
Online
Elective
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 the...
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:
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
Approval #: CE-217039S
Online
Elective
Residential Property Inspection for Appraisers
7 Hours
Designed for both new and experienced appraisers, this course will equip you with a thorough knowledge of how to inspect a residential p...
Designed for both new and experienced appraisers, this course will equip you with a thorough knowledge of how to inspect a residential property.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- 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
7 Hours
Approval #: CE-216050S
Online
Elective
Complex Properties: The Odd Side of Appraisal
7 Hours
Explore the different types of appraisal techniques and creative methods needed to appraise complex and non-conforming properties. ...
Explore the different types of appraisal techniques and creative methods needed to appraise complex and non-conforming properties.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- 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
7 Hours
Approval #: CE-217038S
Online
Elective
Managing Appraiser Liability
6 Hours
Equip yourself with the tools and insights needed to manage your liability as an appraiser. COURSE HIGHLIGHTS: Examine practic...
Equip yourself with the tools and insights needed to manage your liability as an appraiser.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Examine practical ways you can protect yourself in your everyday practice
- Learn common appraisal malpractice issues and investigate available remedies
- Boost your knowledge of legal definitions, categories of penalties, third-party liability, competency, environmental issues, fraud and more
6 Hours
Approval #: CE-218020S
Online
Elective
Fannie Mae Appraisal Guidelines: Debunking the Myths
4 Hours
Stay updated on Fannie Mae's appraisal guidelines and requirements that appear in the Fannie Mae Selling Guide.COURSE HIGHLIGHTS:Tackl...
Stay updated on Fannie Mae’s appraisal guidelines and requirements that appear in the Fannie Mae Selling Guide.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Tackle the misconceptions and myths about the guidelines and requirements
- Discuss case studies and questions related to real-life situations
- Learn the ins and outs of the Uniform Appraisal Dataset (UAD) data entry errors, the Appraisal Quality Monitoring (AQM) initiative and Fannie Mae’s Collateral Underwriter
- Audio and video included in course
4 Hours
Approval #: CE-216036S
Online
Elective
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 ro...
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:
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
Approval #: CE-217007S
Online
Elective
Essential Elements of Disclosures and Disclaimers
5 Hours
In today's lawsuit-saturated world, it is critical for appraisers to understand the use of disclosures and disclaimers. This course wi...
In today’s lawsuit-saturated world, it is critical for appraisers to understand the use of disclosures and disclaimers. This course will show you how to leverage disclosures and disclaimers in your everyday appraisal practice.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Gain confidence in key terminology, requirements and issues associated with disclosures and disclaimers
- Examine disclosure requirements related to scope of work and assignment conditions
- Uncover issues with disclosures and disclaimers when appraising environmentally-affected properties, certain property conditions and other special situations
5 Hours
Approval #: CE-216007S
Online
Elective
The FHA Handbook 4000.1
7 Hours
Familiarize yourself with the requirements of the Single Family Housing Policy Handbook, or Handbook 4000.1, the "go-to" handb...
Familiarize yourself with the requirements of the Single Family Housing Policy Handbook, or Handbook 4000.1, the “go-to” handbook for appraisers and lenders.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Walk through revisions to FHA appraisal requirements and protocols
- Get a better grasp of FHA structure
- Learn how to stay updated on future FHA requirements
- Pocket useful tips and insights to FHA updates and requirements.
7 Hours
Approval #: CE-218012S
Online
Elective
Avoiding Mortgage Fraud for Appraisers
7 Hours
Appraisal fraud is one of the fastest growing financial crimes in the real estate industry. This course will take you through the integr...
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:
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
7 Hours
Approval #: CE-218044S
Online
Elective
Relocation Appraisal and the ERC Form
6 Hours
Gain confidence in your relocation appraisals by going in-depth on the relocation industry and the processes involved in completing a re...
Gain confidence in your relocation appraisals by going in-depth on the relocation industry and the processes involved in completing a relocation appraisal assignment.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Identify differences between relocation appraisals and mortgage appraisals
- Explain the relationship of marketing time and forecasting to anticipated sales price
- Identify requirements related to the sales comparison approach for relocation appraisal assignments
6 Hours
Approval #: CE-218078S
Online
Elective
Introduction to Expert Witness Testimony for Appraisers: To Do or Not to Do
4 Hours
Diversify your appraisal skills with an introduction to expert witness testimony.
COURSE HIGHLIGHTS: oLearn the difference between...
Diversify your appraisal skills with an introduction to expert witness testimony.
COURSE HIGHLIGHTS:
•Learn the difference between a factual and expert witness and the rules that apply to both
•Understand the facts you may be asked to present in divorce cases, bankruptcy cases, foreclosure cases, and Ad Valorem assessment appeals and estate appraisals
•Get comfortable with how deposition and courtroom proceedings work
COURSE HIGHLIGHTS:
•Learn the difference between a factual and expert witness and the rules that apply to both
•Understand the facts you may be asked to present in divorce cases, bankruptcy cases, foreclosure cases, and Ad Valorem assessment appeals and estate appraisals
•Get comfortable with how deposition and courtroom proceedings work
4 Hours
Approval #: CE-216028S
Online
Elective
The Dirty Dozen
3 Hours
Based on Advisory Opinion 11 of USPAP, the Dirty Dozen covers the twelve elements that must be included in an Appraisal Report and a Res...
Based on Advisory Opinion 11 of USPAP, the Dirty Dozen covers the twelve elements that must be included in an Appraisal Report and a Restricted Appraisal Report.
COURSE HIGHLIGHTS
COURSE HIGHLIGHTS
- Learn detailed information on the appraisal process and the various elements of the two USPAP reporting options
- Uncover the distinctions between appraising and reporting
- Gain insights on reporting forms
3 Hours
Approval #: CE217053S
The 12 things that need to be in every appraisal report.
Online
Elective
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...
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
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
Approval #: CE-218059S
Online
Elective
Introduction to the Uniform Appraisal Dataset
2 Hours
Knowledge of the Uniform Appraisal Dataset (UAD) is essential to completing appraisals for lenders who sell loans to Fannie Mae and Fred...
Knowledge of the Uniform Appraisal Dataset (UAD) is essential to completing appraisals for lenders who sell loans to Fannie Mae and Freddie Mac. Gain insights on the Uniform Mortgage Data Program (UMDP) and learn the specific requirements of UAD.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Explore why UMDP was created, and the benefits for appraisers
- Get comfortable with key terminology and acronyms associated with UMDP
- Get insights on key information about UAD, including types of loans that require UAD compliance, report form types included, and USPAP obligations
- Examine specific requirements of UAD
2 Hours
Approval #: CE-216073S
Online
Elective
Residential Appraisal Review and USPAP Compliance
7 Hours
Gain insights on appraisal review assignments and the effect USPAP has on these assignments, the reviewers, and the work of appraisers i...
Gain insights on appraisal review assignments and the effect USPAP has on these assignments, the reviewers, and the work of appraisers involved in the assignments. Course developed by The Appraisal Foundation.
NOTE: This course is not a substitute for the 7-hour National USPAP Course, which appraisers are required to complete every two years.
COURSE HIGHLIGHTS:
NOTE: This course is not a substitute for the 7-hour National USPAP Course, which appraisers are required to complete every two years.
COURSE HIGHLIGHTS:
- Gain a better understanding of USPAP in conjunction with producing appraisal reviews that are USPAP compliant
- Get guidance and insights for the reports you produce that will be reviewed
- Learn how to raise your level of professionalism and the standards for your appraisal reports
7 Hours
Approval #: CE-218077S
Online
Elective
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...
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:
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
Approval #: CE-216068S
Online
Elective
The Cost Approach
7 Hours
Produce a more credible indication of value by gaining a thorough working knowledge of the cost approach.COURSE HIGHLIGHTS:Equip yoursel...
Produce a more credible indication of value by gaining a thorough working knowledge of the cost approach.
COURSE HIGHLIGHTS:
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
7 Hours
Approval #: CE-218046S
Online
Elective
Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book) Course
14 Hours
The Sixth Edition of the Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book) is the basis for this online course.&nb...
The Sixth Edition of the Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book) is the basis for this online course. The course follows the Standards’ format in first discussing appraisal development, followed by appraisal reporting, appraisal review, and legal foundations.
The course relies heavily on the source document itself for its content with many case problems interspersed throughout the material to provide practical applications of the points discussed. Both the Yellow Book and this course are written for clarity and readability and should serve as useful and understandable guidance for appraisers, attorneys, and the public.
Upon completion of this course, participants will be able to:
• Describe the relationship between market value and just compensation and the necessity for fairness and justice for the property owner and the public;
• Apply the appraisal development process to appraisal assignments for federal acquisitions;
• Summarize the reporting requirements for appraisal and appraisal review assignments prepared for federal acquisitions; and,
• Relate the legal foundation and guidance that govern valuation problems and appraisal issues for federal acquisitions.
The course relies heavily on the source document itself for its content with many case problems interspersed throughout the material to provide practical applications of the points discussed. Both the Yellow Book and this course are written for clarity and readability and should serve as useful and understandable guidance for appraisers, attorneys, and the public.
Upon completion of this course, participants will be able to:
• Describe the relationship between market value and just compensation and the necessity for fairness and justice for the property owner and the public;
• Apply the appraisal development process to appraisal assignments for federal acquisitions;
• Summarize the reporting requirements for appraisal and appraisal review assignments prepared for federal acquisitions; and,
• Relate the legal foundation and guidance that govern valuation problems and appraisal issues for federal acquisitions.
14 Hours
Approval #: CE-218063S
Online
Elective
The Basics of Expert Witness for Commercial Appraisers
7 Hours
Gain the skills and insights needed for effective appraisal litigation. COURSE HIGHLIGHTS: Explore opportunities available in ...
Gain the skills and insights needed for effective appraisal litigation.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Explore opportunities available in litigation support assignments
- Discover what’s needed to provide a work product and testimony
- Examine the structure of a civil trial, the rules of evidence, USPAP requirements, and the mechanics of a civil trial
7 Hours
Approval #: CE-217052S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Divorce and Estate Appraisals: Elements of Non-Lender Work
4 Hours
Discover the common elements between divorce and estate appraisals and how these types of appraisals are different from standard mortgag...
Discover the common elements between divorce and estate appraisals and how these types of appraisals are different from standard mortgage lending appraisals.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Learn how to diversify your appraisal business to include divorce and estate appraisals
- Review form differences, USPAP issues, and assignment conditions
- Discover how to attract non-lender clients and grow your divorce and estate appraisal portfolio
- Audio and video included in course
4 Hours
Approval #: CE-216035S
Online
Elective
Residential Report Writing: More Than Forms
7 Hours
Understanding the content requirements and procedures associated with a residential appraisal report is critical. This course will guide...
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:
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
7 Hours
Approval #: CE-216054S
Online
Elective
Income Approach Case Studies for Commercial Appraisal
4 Hours
Improve your understanding of the income approach by exploring several case studies that focus on existing improved commercial real esta...
Improve your understanding of the income approach by exploring several case studies that focus on existing improved commercial real estate.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Review terminology and application of the income approach
- Practice using the capitalization process to convert the net operating income into an estimate of market value
4 Hours
Approval #: CE-217051S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Manufactured Home Appraisal
4 Hours
This course is iPad compatible. Manufactured housing is very different than conventional "stick built" housing and other factor...
This course is iPad compatible.
Manufactured housing is very different than conventional “stick built” housing and other factory built housing. As such, it has very specific appraisal requirements which must be met for entities such as Fannie Mae, FHA, USDA and VA.
In this course we will discuss the history of manufactured housing and the different “types of factory-built homes” and the importance of the HUD Code. We will examine some manufactured home facts and relevant statistics and the importance of understanding the difference between real and personal property. Since manufactured housing has very specific appraisal requirements we will review the importance of keeping current with respect to these appraisal requirements or guidelines and how to keep up to date with appraisal protocol.
Two critical elements of appraising manufactured homes, the HUD data plate and HUD label will be reviewed and explained. Now that we have gained a general understanding of manufactured homes, it is time to review the specific requirements for appraising them according to Fannie Mae, FHA, USDA and VA.
We will review and explain the specific appraisal requirements required by each of the aforementioned entities. Knowledge and understanding of the guidelines will allow appraises to perform entity specific compliant appraisals. Building on the general knowledge and specific appraisal requirements of Fannie Mae, FHA, USDA and VA we will them illustrate how to complete the appraisal report on the manufactured housing report form 1004C. Line by line illustrations and instructions will be provided including the cost approach section.
Completing this course should prepare you to successfully complete compliant appraisals and reports for manufactured housing.
Manufactured housing is very different than conventional “stick built” housing and other factory built housing. As such, it has very specific appraisal requirements which must be met for entities such as Fannie Mae, FHA, USDA and VA.
In this course we will discuss the history of manufactured housing and the different “types of factory-built homes” and the importance of the HUD Code. We will examine some manufactured home facts and relevant statistics and the importance of understanding the difference between real and personal property. Since manufactured housing has very specific appraisal requirements we will review the importance of keeping current with respect to these appraisal requirements or guidelines and how to keep up to date with appraisal protocol.
Two critical elements of appraising manufactured homes, the HUD data plate and HUD label will be reviewed and explained. Now that we have gained a general understanding of manufactured homes, it is time to review the specific requirements for appraising them according to Fannie Mae, FHA, USDA and VA.
We will review and explain the specific appraisal requirements required by each of the aforementioned entities. Knowledge and understanding of the guidelines will allow appraises to perform entity specific compliant appraisals. Building on the general knowledge and specific appraisal requirements of Fannie Mae, FHA, USDA and VA we will them illustrate how to complete the appraisal report on the manufactured housing report form 1004C. Line by line illustrations and instructions will be provided including the cost approach section.
Completing this course should prepare you to successfully complete compliant appraisals and reports for manufactured housing.
4 Hours
Approval #: CE-218013S
Online
Elective
Land and Site Valuation
7 Hours
Uncover the unique factors that appraisers must take into consideration in land and site valuations. COURSE HIGHLIGHTS: Gain a...
Uncover the unique factors that appraisers must take into consideration in land and site valuations.
COURSE HIGHLIGHTS:
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
7 Hours
Approval #: CE-217030S
Online
Elective
The Sales Comparison Approach
7 Hours
As one of the three primary methods used to value real property, the sales comparison approach is a critical tool in the appraiser's t...
As one of the three primary methods used to value real property, the sales comparison approach is a critical tool in the appraiser’s toolkit. Dive deeper into the sales comparison approach, expanding on concepts learned in the Basic Appraisal Principles and Procedures courses.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Uncover key components of the sales comparison approach with through course examples, case studies and practice problems
- Examine the cost approach for residential properties and income-producing properties
7 Hours
Approval #: CE-217002S
Online
Elective
Appraisal of Assisted Living Facilities
8 Hours
Grow your knowledge of the assisted living market and explore the factors that influence supply and demand. Designed specifically for co...
Grow your knowledge of the assisted living market and explore the factors that influence supply and demand. Designed specifically for commercial appraisers.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Address how adjustments are unique to assisted living or adapted to assisted living using the Sales Comparison Approach
- Familiarize yourself with the estimation of income, expenses, and capital expenditures specific to assisted living facilities using the Income Approach
- Learn how to apply the Income Approach to both stabilized and un-stabilized assisted living facilities
8 Hours
Approval #: CE-217011S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Appraisal of Self-Storage Facilities
7 Hours
Knowledge of self-storage facilities can attract a wide range of investors and clients alike. This course will help you get familiar wit...
Knowledge of self-storage facilities can attract a wide range of investors and clients alike. This course will help you get familiar with the ins and outs of self-storage appraisals.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Get up-to-speed on the fundamentals of self-storage facility appraisal
- Examine the demand drivers for the self-storage industry and how to recognize the key elements of facility design
- Learn the difference between physical occupancy and economic occupancy and the impact of rental discounts
- Gain insights on the revenue sources and expense line items for self-storage facilities
7 Hours
Approval #: CE-216038S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Basic Hotel Appraising - Limited Service Hotels
7 Hours
Leverage your sales comparison approach and income approach knowledge to capitalize on limited-service hotel appraisals.
COURSE H...
Leverage your sales comparison approach and income approach knowledge to capitalize on limited-service hotel appraisals.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Gain a solid foundation in the hotel market and the factors that influence supply and demand
- Use the sales comparison approach to uncover how some adjustments are unique or adapted to hotels
- Use the income approach to understand the estimation of income, expenses and capital expenditures specific to limited-service hotels
- Learn how to apply the income approach to both stabilized and un-stabilized limited-service hotels as well as those requiring renovation
7 Hours
Approval #: CE-218062S
This advanced level course is geared toward commercial appraisers.
Online
Elective
The Income Approach: An Overview
7 Hours
Reinforce your knowledge of the principles of the income capitalization approach. COURSE HIGHLIGHTS: Learn economic principles...
Reinforce your knowledge of the principles of the income capitalization approach.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Learn economic principles and definitions pertinent to the valuation of income-producing properties
- Identify how to utilize income capitalization techniques, including direct capitalization and income multipliers
- Practice examples using the HP 12C financial calculator
- Gain insights through income and expense operating statement illustrations
7 Hours
Approval #: CE-216049S
Online
Elective
Intermediate Income Approach Case Studies for Commercial Appraisers
4 Hours
This course is intended to provide the participant with enhanced skills as it relates to the application of direct capitalization and yi...
This course is intended to provide the participant with enhanced skills as it relates to the application of direct capitalization and yield capitalization. Also covered in this course are the development of reliable effective gross income estimates, vacancy and collection loss, analysis of operating expenses, and calculating net operating income.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Apply the direct capitalization process using the derivation of comparable sales method, and the band of investment method using mortgage and equity technique.
- Use market-extracted data to complete a direct capitalization process case study to develop an opinion of value.
- Apply the methodology of yield capitalization and its application to changing income streams for income producing properties.
4 Hours
Approval #: CE-217078S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Advanced Hotel Appraising - Full Service Hotels
7 Hours
Learn how to apply the most effective valuation methods to full-service hotels and build on your knowledge of hotel operations. COU...
Learn how to apply the most effective valuation methods to full-service hotels and build on your knowledge of hotel operations.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Learn how to develop accurate and realistic assessments of value on full-service hotels
- Explore factors that influence supply and demand
- Grow your sales comparison approach and income approach skills
7 Hours
Approval #: CE-218018S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Appraisal of Fast Food Facilities
7 Hours
With over 160,000 fast food restaurants in the U.S., there are a wealth of opportunities for commercial appraisers to branch out into th...
With over 160,000 fast food restaurants in the U.S., there are a wealth of opportunities for commercial appraisers to branch out into this specialization. This course will teach you the important appraisal aspects of these facilities.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Review leased fee valuation, the sales comparison and income approach, and the discounted cash flow analysis in relation to fast food restaurants
- Examine the physical characteristics to the lease clauses influencing value of these properties
- Learn about fee simple value analysis and going concern value analysis for fast food restaurants
7 Hours
Approval #: CE-217022S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Appraisal of Owner-Occupied Commercial Properties
7 Hours
Appraising owner-occupied commercial properties raises several more questions than the appraisal of investor-owned properties. Commercia...
Appraising owner-occupied commercial properties raises several more questions than the appraisal of investor-owned properties. Commercial appraisers will find answers to those pressing questions in this course.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Get insights on how owner-occupied properties are appraised
- Gain an understanding of the special features that bring value to owner-occupied industrial warehouses, restaurants and office buildings
- Find answers to the top questions that arise when appraising owner-occupied commercial properties
7 Hours
Approval #: CE-217046S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Appraising Small Apartment Properties
6 Hours
Accelerate your knowledge of appraising small apartment complexes in this course that's geared toward 5- and 20-unit apartments. ...
Accelerate your knowledge of appraising small apartment complexes in this course that’s geared toward 5- and 20-unit apartments.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Identify the unique attributes of apartment complexes and their associated three markets: apartment properties that are bought and sold, vacant sites, and the associated rental market
- Review contemporary statistical analysis techniques and traditional methods of valuation
- Dive into a real world case study to apply the concepts learned
6 Hours
Approval #: CE-218061S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Evaluating Today’s Residential Appraisal: Reliable Review
7 Hours
This course is iPad compatible. The need for appraisal reviews has increased in recent years for a variety of reasons: more pressur...
This course is iPad compatible.
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.
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
Approval #: CE-218049S
Online
Elective
Appraisal of Land Subject to Ground Leases
7 Hours
One of the most sought after commodities on the real estate market is commercial property. This course will give you a thorough understa...
One of the most sought after commodities on the real estate market is commercial property. This course will give you a thorough understanding of the multiple components of ground leases—an important asset to have when it comes to valuing commercial real estate.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Gain a thorough understanding of the multiple components of ground leases
- Learn why ground leases are used, how they are structured, and the unique challenges they pose
- Explore the primary physical characteristics and lease clauses that influence the value of ground property
7 Hours
Approval #: CE-217031S
This advanced level course is geared toward commercial appraisers.
Online
Elective
Appraisal of Industrial Incubators
7 Hours
Industrial incubators have existed for over two decades, but only recently are recognized as a separate type of industrial property. Thi...
Industrial incubators have existed for over two decades, but only recently are recognized as a separate type of industrial property. This course gives commercial appraisers insights on valuing these properties.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Grow your understanding of the industrial incubator market and the factors that influence supply and demand
- Use the Sales Comparison Approach to address adjustments unique to this market
- Learn how the Income Approach can help you understand the estimation of income, expenses and capital expenditures specific to industrial incubators
7 Hours
Approval #: CE-217041S
This advanced level course is geared toward commercial appraisers.
Online
Non-Credit
FHA Observation Checklist for Appraisers
Developed from the FHA Handbook 4000.1, this non-credit course gives you insight into a property observation checklist that can be used ...
Developed from the FHA Handbook 4000.1, this non-credit course gives you insight into a property observation checklist that can be used when appraising a property for an FHA loan.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Refresh your knowledge of what’s expected when you observe the property
- Get insights on specific situations that an FHA appraiser may encounter in the field
- Find additional resources for learning more about HUD/FHA handbooks, guides and mortgagee letters
This is a non-credit course.
Online
Non-Credit
Intro to Terms and Concepts of USPAP
Designed for state regulatory agencies, this course will guide your understanding of the Uniform Standards of Professional Appraisal Pra...
Designed for state regulatory agencies, this course will guide your understanding of the Uniform Standards of Professional Appraisal Practice (USPAP) and your relevance in, and applicability to, state enforcement programs.
COURSE HIGHLIGHTS:
COURSE HIGHLIGHTS:
- Gain insights on property appraisers’ USPAP-related obligations in an assignment
- Accelerate your skills to better evaluate an appraisal report for USPAP compliance
- Enhance your understanding on the flexibility and practicability of USPAP as it relates to real property valuation
This is a non-credit course.
Recorded Webinar
Non-Credit
Recorded Webinar: Option for Growth: Adding Desktop Appraisals to your Product Mix
Explore the risks and benefits of completing Desktop Appraisals when servicing residential mortgage clients. Many small appraisal businesses can grow their market share by adding additional services such as Desktop Appraisals to their product mix. However, there are risks and benefits to consider before completing these and similar alternative valuation services.
Explore the risks and benefits of completing Desktop Appraisals when servicing residential mortgage clients. Many small appraisal businesses can grow their market share by adding additional services such as Desktop Appraisals to their product mix. However, there are risks and benefits to consider before completing these and similar alternative valuation services.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: Changes to USPAP 2018-19
Catch up on all the changes to USPAP for 2018-2019 in this recorded webinar intended to provide a brief overview to the revisions made to USPAP for 2018-19 with a focus on the most relevant information to real property appraisers, including revisions to the ETHICS RULE, the COMPETENCY RULE, and the RECORD KEEPING RULE. NOTE: This is a non-credit informational recorded webinar, and is not intended to be a substitute for the 7-hour USPAP Update Course.
Catch up on all the changes to USPAP for 2018-2019 in this recorded webinar intended to provide a brief overview to the revisions made to USPAP for 2018-19 with a focus on the most relevant information to real property appraisers, including revisions to the ETHICS RULE, the COMPETENCY RULE, and the RECORD KEEPING RULE. NOTE: This is a non-credit informational recorded webinar, and is not intended to be a substitute for the 7-hour USPAP Update Course.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: It Didn’t Appraise, Now What?
Designed for Real Estate Agents, Brokers and Appraisers, this 1-hour non-credit Pro-Series webinar aims to foster understanding between these specialties relating to appraisals. Lending and appraisal requirements have increased and the demands of buyers and sellers have never been greater. Join instructor Michelle C. Bradley as she discusses best practices for agents and appraisers regarding what information can be shared, what data is relevant to appraisers, and information about “appealing” an appraisal.
Designed for Real Estate Agents, Brokers and Appraisers, this 1-hour non-credit Pro-Series webinar aims to foster understanding between these specialties relating to appraisals. Lending and appraisal requirements have increased and the demands of buyers and sellers have never been greater. Join instructor Michelle C. Bradley as she discusses best practices for agents and appraisers regarding what information can be shared, what data is relevant to appraisers, and information about “appealing” an appraisal.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: Appraising Solar Panels- A Primer
An overview of solar panels, methods of valuation, and challenges of appraising properties with solar.
Determining the value of solar panels has become an appraisal issue that has many appraisers asking questions. Take the first step towards competency in the valuation of this energy efficient feature of real estate. Join us for a discussion of solar basics, valuation challenges, and some tips and techniques to assist you in appraising properties with solar panels.
Instructor Mark Buhler has over 25 years of appraisal experience and specializes in the valuation of energy efficient, ‘green’ homes, which are increasingly becoming more common in the
marketplace.
An overview of solar panels, methods of valuation, and challenges of appraising properties with solar.
Determining the value of solar panels has become an appraisal issue that has many appraisers asking questions. Take the first step towards competency in the valuation of this energy efficient feature of real estate. Join us for a discussion of solar basics, valuation challenges, and some tips and techniques to assist you in appraising properties with solar panels.
Instructor Mark Buhler has over 25 years of appraisal experience and specializes in the valuation of energy efficient, ‘green’ homes, which are increasingly becoming more common in the
marketplace.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: Working with AMCs
Appraisers may have strong feelings about Appraisal Management Companies, but with about 80% of the mortgage appraisal volume engaged through AMCs, working with an AMC is almost a necessity as an appraiser today. Join appraisal instructor Tony Pistilli as he explores the best practices for working with AMCs and growing your business. Learn techniques to help you maximize the benefits of your AMC partnerships, including the best questions to ask when interviewing potential AMC clients and how to improve your appraiser score with AMCs.
Appraisers may have strong feelings about Appraisal Management Companies, but with about 80% of the mortgage appraisal volume engaged through AMCs, working with an AMC is almost a necessity as an appraiser today. Join appraisal instructor Tony Pistilli as he explores the best practices for working with AMCs and growing your business. Learn techniques to help you maximize the benefits of your AMC partnerships, including the best questions to ask when interviewing potential AMC clients and how to improve your appraiser score with AMCs.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: Report Templates: The Good, the Bad, and the Ugly
Most appraisers use report templates, whether they are preparing form reports on residential properties or narrative reports on non-residential properties. This 1-hour, non-credit webinar looks at some of the problems that can occur when appraisers do not use templates appropriately, and how appraisers can avoid these issues by carefully reading and periodically editing their templates.
Most appraisers use report templates, whether they are preparing form reports on residential properties or narrative reports on non-residential properties. This 1-hour, non-credit webinar looks at some of the problems that can occur when appraisers do not use templates appropriately, and how appraisers can avoid these issues by carefully reading and periodically editing their templates.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Recorded Webinar
Non-Credit
Recorded Webinar: The Emerging Trend of Marijuana in Real Estate
Now that marijuana is legal in many parts of the country, it’s starting to make an impact in real estate. In this recorded webinar, Ryan Lundquist reviews important things an appraiser should consider when dealing with a property connected with marijuana, such as land value, zoning, increasing rents, disclosures, and communicating well with clients when they have questions. Note: This webinar is not intended as an advocate for or against marijuana, but only as a means to equip appraisers with the knowledge and tools to be effective in a changing market.
Now that marijuana is legal in many parts of the country, it’s starting to make an impact in real estate. In this recorded webinar, Ryan Lundquist reviews important things an appraiser should consider when dealing with a property connected with marijuana, such as land value, zoning, increasing rents, disclosures, and communicating well with clients when they have questions. Note: This webinar is not intended as an advocate for or against marijuana, but only as a means to equip appraisers with the knowledge and tools to be effective in a changing market.
This Webinar is available for Informational Purposes only. No state license credit will be issued.
Webinar
Elective
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Mon Mar 2512:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218050S
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Mon Mar 2512:00 pm to 4:00 pm EDT
4 Hours
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
4 Hours
Approval #: CE-218050S
Webinar
Elective
Live Webinar: Fannie Mae Appraisal Guidelines
Tue Mar 2611:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218045S
Live Webinar: Fannie Mae Appraisal Guidelines
Tue Mar 2611:00 am to 3:00 pm EDT
4 HoursFannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
Fannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
4 Hours
Approval #: CE-218045S
Webinar
Elective
Live Webinar: Analyze This! Applications of Appraisal Analysis
Wed Mar 2711:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216066S
Live Webinar: Analyze This! Applications of Appraisal Analysis
Wed Mar 2711:00 am to 3:00 pm EDT
4 HoursThis course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
This course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
4 Hours
Approval #: CE-216066S
Webinar
Elective
Live Webinar: Adjustment Support for Residential Appraisers
Wed Mar 274:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217008S
Live Webinar: Adjustment Support for Residential Appraisers
Wed Mar 274:00 pm to 8:00 pm EDT
4 Hours
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
4 Hours
Approval #: CE-217008S
Webinar
Elective
5 Hours
Approval #: CE-218051S
Live Webinar: The FHA Handbook 4000.1
Thu Mar 2811:00 am to 4:00 pm EDT
5 Hours
As the culmination of a project that took over one year to complete, FHA has released the Single Family Housing Policy Handbook, also known as Handbook 4000.1. This Handbook is designed to consolidate FHA requirements into one single authoritative source, instead of having requirements scattered throughout several different handbooks and mortgagee letters. Effective September 14, 2015, Handbook 4000.1 is the “go-to” handbook for appraisers and lenders, and FHA appraisers need to become familiar with its requirements. After the mortgage meltdown of 2006-2009, FHA insured loans have made a comeback, and now have a significant share of the 1 to 4 family residential lending market. This seminar focuses on the new FHA Handbook 4000.1 with emphasis on revisions to FHA appraisal requirements and protocols. In addition, students will learn how to effectively stay up-to-date with FHA requirements.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
As the culmination of a project that took over one year to complete, FHA has released the Single Family Housing Policy Handbook, also known as Handbook 4000.1. This Handbook is designed to consolidate FHA requirements into one single authoritative source, instead of having requirements scattered throughout several different handbooks and mortgagee letters. Effective September 14, 2015, Handbook 4000.1 is the “go-to” handbook for appraisers and lenders, and FHA appraisers need to become familiar with its requirements. After the mortgage meltdown of 2006-2009, FHA insured loans have made a comeback, and now have a significant share of the 1 to 4 family residential lending market. This seminar focuses on the new FHA Handbook 4000.1 with emphasis on revisions to FHA appraisal requirements and protocols. In addition, students will learn how to effectively stay up-to-date with FHA requirements.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
5 Hours
Approval #: CE-218051S
Webinar
Elective
Live Webinar: The Appraisal of 2-4 Unit Properties
Sun Mar 311:00 pm to 5:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218015S
Live Webinar: The Appraisal of 2-4 Unit Properties
Sun Mar 311:00 pm to 5:00 pm EDT
4 Hours
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
4 Hours
Approval #: CE-218015S
Webinar
Elective
Live Webinar: REO Appraisal: Guidelines and Best Practices
Tue Apr 211:00 am to 3:00 am EDT
4 Hours 4 Hours
Approval #: CE-217021S
Live Webinar: REO Appraisal: Guidelines and Best Practices
Tue Apr 211:00 am to 3:00 am EDT
4 Hours
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
4 Hours
Approval #: CE-217021S
Webinar
Non-Credit
Live Webinar: Building Your Business to Position Yourself for Success (Non-Credit)
Wed Apr 311:00 am to 12:00 pm EDT
This webinar is part of our pro-series, which focuses on covering hot topics and career oriented skills with industry experts.
Live Webinar: Building Your Business to Position Yourself for Success (Non-Credit)
Wed Apr 311:00 am to 12:00 pm EDT
Is your appraisal business built for success? Are you ready for the changes coming? Does the structure of your business need to evolve due to the influx of desktop appraisals, hybrids, and other types of valuations? The world of valuation is rapidly changing, and change inevitably brings fear, but you don’t need to face the future with trepidation. In this webinar, Dustin will lay out the changes that have happened, are happening, and will continue to happen in the appraisal profession and give real, meat-and-potatoes options for success now and into the future.
For more than half of his career, Dustin Harris ran his appraisal business just like everyone else. As a consequence, he got the same results as everyone else; long hours and living paycheck to paycheck. After an intense study of successful people, Dustin began putting principles of prosperity into place that have transformed his appraisal business and made him a successful leader in the profession. Now, in addition to being an appraiser, Dustin finds every way possible to teach these principles of success to other appraisers across the country. He has mentored hundreds of appraisers who have also transformed their businesses. In a big way, he is ‘creating value’ for real estate appraisers.
Join us on Wednesday, April 3, 2019 at 11am ET for this one-hour Pro-Series webinar.
For more than half of his career, Dustin Harris ran his appraisal business just like everyone else. As a consequence, he got the same results as everyone else; long hours and living paycheck to paycheck. After an intense study of successful people, Dustin began putting principles of prosperity into place that have transformed his appraisal business and made him a successful leader in the profession. Now, in addition to being an appraiser, Dustin finds every way possible to teach these principles of success to other appraisers across the country. He has mentored hundreds of appraisers who have also transformed their businesses. In a big way, he is ‘creating value’ for real estate appraisers.
Join us on Wednesday, April 3, 2019 at 11am ET for this one-hour Pro-Series webinar.
Is your appraisal business built for success? Are you ready for the changes coming? Does the structure of your business need to evolve due to the influx of desktop appraisals, hybrids, and other types of valuations? The world of valuation is rapidly changing, and change inevitably brings fear, but you don’t need to face the future with trepidation. In this webinar, Dustin will lay out the changes that have happened, are happening, and will continue to happen in the appraisal profession and give real, meat-and-potatoes options for success now and into the future.
For more than half of his career, Dustin Harris ran his appraisal business just like everyone else. As a consequence, he got the same results as everyone else; long hours and living paycheck to paycheck. After an intense study of successful people, Dustin began putting principles of prosperity into place that have transformed his appraisal business and made him a successful leader in the profession. Now, in addition to being an appraiser, Dustin finds every way possible to teach these principles of success to other appraisers across the country. He has mentored hundreds of appraisers who have also transformed their businesses. In a big way, he is ‘creating value’ for real estate appraisers.
Join us on Wednesday, April 3, 2019 at 11am ET for this one-hour Pro-Series webinar.
For more than half of his career, Dustin Harris ran his appraisal business just like everyone else. As a consequence, he got the same results as everyone else; long hours and living paycheck to paycheck. After an intense study of successful people, Dustin began putting principles of prosperity into place that have transformed his appraisal business and made him a successful leader in the profession. Now, in addition to being an appraiser, Dustin finds every way possible to teach these principles of success to other appraisers across the country. He has mentored hundreds of appraisers who have also transformed their businesses. In a big way, he is ‘creating value’ for real estate appraisers.
Join us on Wednesday, April 3, 2019 at 11am ET for this one-hour Pro-Series webinar.
This webinar is part of our pro-series, which focuses on covering hot topics and career oriented skills with industry experts.
Webinar
Elective
3 Hours
Approval #: CE-217032S
Live Webinar: A Review of Disciplinary Cases
Thu Apr 44:00 pm to 7:00 pm EDT
3 HoursDisciplinary cases against appraisers are on the increase throughout the United States due to several factors, most significantly the Dodd-Frank requirement that lending institutions and AMCs must report suspected violations of USPAP to state enforcement agencies. This course is designed to make the appraiser aware of what not to do by presenting not only guidance, but also a significant number of actual appraiser disciplinary cases.
Disciplinary cases against appraisers are on the increase throughout the United States due to several factors, most significantly the Dodd-Frank requirement that lending institutions and AMCs must report suspected violations of USPAP to state enforcement agencies. This course is designed to make the appraiser aware of what not to do by presenting not only guidance, but also a significant number of actual appraiser disciplinary cases.
3 Hours
Approval #: CE-217032S
Webinar
Elective
4 Hours
Approval #: CE-217009S
Live Webinar: Issues in Appraiser Liability
Fri Apr 511:00 am to 3:00 pm EDT
4 Hours
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
4 Hours
Approval #: CE-217009S
Webinar
Elective
4 Hours
Approval #: CE-218045S
Live Webinar: Fannie Mae Appraisal Guidelines
Sun Apr 71:00 pm to 5:00 pm EDT
4 HoursFannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
Fannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
4 Hours
Approval #: CE-218045S
Webinar
Elective
Live Webinar: Appraisal Practices of Manufactured Housing
Mon Apr 84:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216067S
Live Webinar: Appraisal Practices of Manufactured Housing
Mon Apr 84:00 pm to 8:00 pm EDT
4 Hours
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
4 Hours
Approval #: CE-216067S
Webinar
Elective
Live Webinar: The Appraisal of 2-4 Unit Properties
Tue Apr 912:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218015S
Live Webinar: The Appraisal of 2-4 Unit Properties
Tue Apr 912:00 pm to 4:00 pm EDT
4 Hours
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
4 Hours
Approval #: CE-218015S
Webinar
Non-Credit
Live Webinar: Taking Control of Your Finances (Non-Credit)
Wed Apr 1011:00 am to 12:00 pm EDT
This webinar is part of our pro-series, which focuses on covering hot topics and career oriented skills with industry experts.
Live Webinar: Taking Control of Your Finances (Non-Credit)
Wed Apr 1011:00 am to 12:00 pm EDT
Learn the answers to these financial questions: What’s the difference between good debt and bad debt? Why should Americans be saving more? How can someone build savings while paying down their credit card debt? How do I begin an investment program? In addition to the answers, specific strategies for tackling these financial challenges will be covered by presenter John Palmieri.
Since 2000, John’s clients have worked with him because of his commitment, focus and attention to detail. What this means is they can rely on John to take the necessary time to address what it is they would like to resolve and accomplish. The benefit to those he works with is having a relationship with someone that values and recognizes that each situation is different and preparing planning solutions for their needs. John’s background includes investment management, financial planning, insurance and banking solutions, and asset based lending. John received his Bachelor’s degree in Business Economics and his Minor in Management from Penn State University the Behrend College. John is currently enrolled in the Charted Financial Consultant (ChFC) program with the American College.
Join us on Wednesday, April 10, 2019 at 11am ET for this one-hour Pro-Series webinar.
Since 2000, John’s clients have worked with him because of his commitment, focus and attention to detail. What this means is they can rely on John to take the necessary time to address what it is they would like to resolve and accomplish. The benefit to those he works with is having a relationship with someone that values and recognizes that each situation is different and preparing planning solutions for their needs. John’s background includes investment management, financial planning, insurance and banking solutions, and asset based lending. John received his Bachelor’s degree in Business Economics and his Minor in Management from Penn State University the Behrend College. John is currently enrolled in the Charted Financial Consultant (ChFC) program with the American College.
Join us on Wednesday, April 10, 2019 at 11am ET for this one-hour Pro-Series webinar.
Learn the answers to these financial questions: What’s the difference between good debt and bad debt? Why should Americans be saving more? How can someone build savings while paying down their credit card debt? How do I begin an investment program? In addition to the answers, specific strategies for tackling these financial challenges will be covered by presenter John Palmieri.
Since 2000, John’s clients have worked with him because of his commitment, focus and attention to detail. What this means is they can rely on John to take the necessary time to address what it is they would like to resolve and accomplish. The benefit to those he works with is having a relationship with someone that values and recognizes that each situation is different and preparing planning solutions for their needs. John’s background includes investment management, financial planning, insurance and banking solutions, and asset based lending. John received his Bachelor’s degree in Business Economics and his Minor in Management from Penn State University the Behrend College. John is currently enrolled in the Charted Financial Consultant (ChFC) program with the American College.
Join us on Wednesday, April 10, 2019 at 11am ET for this one-hour Pro-Series webinar.
Since 2000, John’s clients have worked with him because of his commitment, focus and attention to detail. What this means is they can rely on John to take the necessary time to address what it is they would like to resolve and accomplish. The benefit to those he works with is having a relationship with someone that values and recognizes that each situation is different and preparing planning solutions for their needs. John’s background includes investment management, financial planning, insurance and banking solutions, and asset based lending. John received his Bachelor’s degree in Business Economics and his Minor in Management from Penn State University the Behrend College. John is currently enrolled in the Charted Financial Consultant (ChFC) program with the American College.
Join us on Wednesday, April 10, 2019 at 11am ET for this one-hour Pro-Series webinar.
This webinar is part of our pro-series, which focuses on covering hot topics and career oriented skills with industry experts.
Webinar
Elective
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Thu Apr 1110:00 am to 1:00 pm EDT
3 Hours 3 Hours
Approval #: CE-218019S
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Thu Apr 1110:00 am to 1:00 pm EDT
3 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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
Join us for our Live Streaming Classroom event and interact with appraisers all over the U.S. This special event will have both classroom and webinar attendees along with our live instructor in your classroom. If you are attending in person, bring your smartphone for optional interactivity.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
Join us for our Live Streaming Classroom event and interact with appraisers all over the U.S. This special event will have both classroom and webinar attendees along with our live instructor in your classroom. If you are attending in person, bring your smartphone for optional interactivity.
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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
Join us for our Live Streaming Classroom event and interact with appraisers all over the U.S. This special event will have both classroom and webinar attendees along with our live instructor in your classroom. If you are attending in person, bring your smartphone for optional interactivity.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
Join us for our Live Streaming Classroom event and interact with appraisers all over the U.S. This special event will have both classroom and webinar attendees along with our live instructor in your classroom. If you are attending in person, bring your smartphone for optional interactivity.
3 Hours
Approval #: CE-218019S
Webinar
Elective
Live Webinar: Appraising Small Apartment Properties
Fri Apr 1211:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217077S
Live Webinar: Appraising Small Apartment Properties
Fri Apr 1211:00 am to 3:00 pm EDT
4 Hours
This course applies the appraisal process, used in all appraisals, to an apartment property assignment. To the extent possible, the routine tasks associated with appraising all types of properties are played down, allowing time to focus on the tasks unique to appraising apartment properties. This course identifies the attributes of an apartment complex and its associated three markets. The three markets include: 1) the market for vacant sites, i.e., buyers and sellers of competitive sites; 2) the rental market, i.e., landlords and renters of competitive units; and 3) the market for apartment properties, i.e., buyers and sellers of competitive apartment properties.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
This course applies the appraisal process, used in all appraisals, to an apartment property assignment. To the extent possible, the routine tasks associated with appraising all types of properties are played down, allowing time to focus on the tasks unique to appraising apartment properties. This course identifies the attributes of an apartment complex and its associated three markets. The three markets include: 1) the market for vacant sites, i.e., buyers and sellers of competitive sites; 2) the rental market, i.e., landlords and renters of competitive units; and 3) the market for apartment properties, i.e., buyers and sellers of competitive apartment properties.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
4 Hours
Approval #: CE-217077S
Webinar
Elective
Live Webinar: Adjustment Support for Residential Appraisers
Mon Apr 1512:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217008S
Live Webinar: Adjustment Support for Residential Appraisers
Mon Apr 1512:00 pm to 4:00 pm EDT
4 Hours
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
4 Hours
Approval #: CE-217008S
Webinar
Elective
Live Webinar: Work File: Your Best Defense Against an Offense
Tue Apr 163:00 pm to 8:00 pm EDT
5 Hours 5 Hours
Approval #: CE-218047S
Live Webinar: Work File: Your Best Defense Against an Offense
Tue Apr 163:00 pm to 8:00 pm EDT
5 Hours
As a practicing appraisal professional, are you aware of the importance of keeping accurate, highly-detailed workfiles for your transactions? If your workfile comes under examination, every “i” must be dotted and “t” crossed in order to avoid trouble. In fact, one of the most common disciplinary actions taken by licensing boards is the result of insufficient support in the workfile. Therefore, having a sound workfile not only keeps you compliant with USPAP, it also encourages a high level of public trust in your work as an appraisal professional. Want to learn more about the ways a top notch work file can protect your appraisal practice? Your instructor will provide you with an in-depth analysis of the RECORD KEEPING RULE and the SCOPE OF WORK RULE as the basis for helping to establish what information is necessary to ensure the appraiser produces credible assignment results. In addition, your instructor will cover Fannie Mae’s 1004 report form and on a page and section basis, identify the areas which are the least supported by file documentation, and the ways that the same information can be used to supported several different analyses in the workfile.
As a practicing appraisal professional, are you aware of the importance of keeping accurate, highly-detailed workfiles for your transactions? If your workfile comes under examination, every “i” must be dotted and “t” crossed in order to avoid trouble. In fact, one of the most common disciplinary actions taken by licensing boards is the result of insufficient support in the workfile. Therefore, having a sound workfile not only keeps you compliant with USPAP, it also encourages a high level of public trust in your work as an appraisal professional. Want to learn more about the ways a top notch work file can protect your appraisal practice? Your instructor will provide you with an in-depth analysis of the RECORD KEEPING RULE and the SCOPE OF WORK RULE as the basis for helping to establish what information is necessary to ensure the appraiser produces credible assignment results. In addition, your instructor will cover Fannie Mae’s 1004 report form and on a page and section basis, identify the areas which are the least supported by file documentation, and the ways that the same information can be used to supported several different analyses in the workfile.
5 Hours
Approval #: CE-218047S
Webinar
Elective
Live Webinar: Fannie Mae Appraisal Guidelines
Wed Apr 1712:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218045S
Live Webinar: Fannie Mae Appraisal Guidelines
Wed Apr 1712:00 pm to 4:00 pm EDT
4 HoursFannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
Fannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
4 Hours
Approval #: CE-218045S
Webinar
Elective
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Thu Apr 1812:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217010S
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Thu Apr 1812:00 pm to 4:00 pm EDT
4 Hours
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
4 Hours
Approval #: CE-217010S
Webinar
Elective
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Tue Apr 2311:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218050S
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Tue Apr 2311:00 am to 3:00 pm EDT
4 Hours
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
4 Hours
Approval #: CE-218050S
Webinar
Elective
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Tue Apr 235:00 pm to 8:00 pm EDT
3 Hours 3 Hours
Approval #: CE-218019S
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Tue Apr 235:00 pm to 8:00 pm EDT
3 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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
3 Hours
Approval #: CE-218019S
Webinar
Elective
5 Hours
Approval #: CE-218051S
Live Webinar: The FHA Handbook 4000.1
Thu Apr 2511:00 am to 4:00 pm EDT
5 Hours
As the culmination of a project that took over one year to complete, FHA has released the Single Family Housing Policy Handbook, also known as Handbook 4000.1. This Handbook is designed to consolidate FHA requirements into one single authoritative source, instead of having requirements scattered throughout several different handbooks and mortgagee letters. Effective September 14, 2015, Handbook 4000.1 is the “go-to” handbook for appraisers and lenders, and FHA appraisers need to become familiar with its requirements. After the mortgage meltdown of 2006-2009, FHA insured loans have made a comeback, and now have a significant share of the 1 to 4 family residential lending market. This seminar focuses on the new FHA Handbook 4000.1 with emphasis on revisions to FHA appraisal requirements and protocols. In addition, students will learn how to effectively stay up-to-date with FHA requirements.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
As the culmination of a project that took over one year to complete, FHA has released the Single Family Housing Policy Handbook, also known as Handbook 4000.1. This Handbook is designed to consolidate FHA requirements into one single authoritative source, instead of having requirements scattered throughout several different handbooks and mortgagee letters. Effective September 14, 2015, Handbook 4000.1 is the “go-to” handbook for appraisers and lenders, and FHA appraisers need to become familiar with its requirements. After the mortgage meltdown of 2006-2009, FHA insured loans have made a comeback, and now have a significant share of the 1 to 4 family residential lending market. This seminar focuses on the new FHA Handbook 4000.1 with emphasis on revisions to FHA appraisal requirements and protocols. In addition, students will learn how to effectively stay up-to-date with FHA requirements.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
For appraisers seeking placement on the FHA Appraiser Roster, this detailed seminar is essential. For the current FHA roster appraiser, it will provide useful insight and tips.
5 Hours
Approval #: CE-218051S
Webinar
Elective
Live Webinar: Appraisal Practices of Manufactured Housing
Fri Apr 2612:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216067S
Live Webinar: Appraisal Practices of Manufactured Housing
Fri Apr 2612:00 pm to 4:00 pm EDT
4 Hours
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
4 Hours
Approval #: CE-216067S
Webinar
Elective
Live Webinar: REO Appraisal: Guidelines and Best Practices
Sat Apr 271:00 pm to 5:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217021S
Live Webinar: REO Appraisal: Guidelines and Best Practices
Sat Apr 271:00 pm to 5:00 pm EDT
4 Hours
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
4 Hours
Approval #: CE-217021S
Webinar
Elective
Live Webinar: Analyze This! Applications of Appraisal Analysis
Mon Apr 294:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216066S
Live Webinar: Analyze This! Applications of Appraisal Analysis
Mon Apr 294:00 pm to 8:00 pm EDT
4 HoursThis course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
This course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
4 Hours
Approval #: CE-216066S
Webinar
Elective
4 Hours
Approval #: CE-217009S
Live Webinar: Issues in Appraiser Liability
Tue Apr 3012:00 pm to 4:00 pm EDT
4 Hours
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
4 Hours
Approval #: CE-217009S
Webinar
Elective
Live Webinar: Appraising Small Apartment Properties
Thu May 212:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217077S
Live Webinar: Appraising Small Apartment Properties
Thu May 212:00 pm to 4:00 pm EDT
4 Hours
This course applies the appraisal process, used in all appraisals, to an apartment property assignment. To the extent possible, the routine tasks associated with appraising all types of properties are played down, allowing time to focus on the tasks unique to appraising apartment properties. This course identifies the attributes of an apartment complex and its associated three markets. The three markets include: 1) the market for vacant sites, i.e., buyers and sellers of competitive sites; 2) the rental market, i.e., landlords and renters of competitive units; and 3) the market for apartment properties, i.e., buyers and sellers of competitive apartment properties.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
This course applies the appraisal process, used in all appraisals, to an apartment property assignment. To the extent possible, the routine tasks associated with appraising all types of properties are played down, allowing time to focus on the tasks unique to appraising apartment properties. This course identifies the attributes of an apartment complex and its associated three markets. The three markets include: 1) the market for vacant sites, i.e., buyers and sellers of competitive sites; 2) the rental market, i.e., landlords and renters of competitive units; and 3) the market for apartment properties, i.e., buyers and sellers of competitive apartment properties.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
Emphasis is placed on honing the appraiser's skills that are necessary to successfully meet the unique challenges of appraising apartments, specifically how to produce a credible appraisal. While the skills learned in this course will be applicable to a variety of apartment properties, it is geared towards small apartment complexes of 5 to 20 units.
4 Hours
Approval #: CE-217077S
Webinar
Elective
Live Webinar: Adjustment Support for Residential Appraisers
Tue May 711:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217008S
Live Webinar: Adjustment Support for Residential Appraisers
Tue May 711:00 am to 3:00 pm EDT
4 Hours
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course is developed specifically for residential appraisers who want to use appropriate methodologies to develop and support adjustments in the Sales Comparison approach to value. Intended Users of residential appraisals today expect significant adjustments to be market based and well-supported. This course assumes that you have had training and some experience with the appropriate development of the Sales Comparison approach.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
This course supplements your training by presenting several methods of developing and supporting your adjustments. The first chapter begins with the proper sequence of adjustments and a quick review of several foundational appraisal principles. Numerous methods of developing Gross Living Area (GLA) adjustments are presented next.
Methodologies for developing Bedroom and Bathroom adjustments follow in the second chapter, along with an introduction to employing income capitalization to develop and support adjustments. Subsequent chapters present additional methodologies to develop market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities.
Whether you have abundant sales and rental data, or a scarcity of data, these methods can strengthen your appraisal quality by supporting your adjustments. Logic and reasoning are also discussed throughout the course, so you are empowered to produce and report credible results.
4 Hours
Approval #: CE-217008S
Webinar
Elective
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Tue May 74:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217010S
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Tue May 74:00 pm to 8:00 pm EDT
4 Hours
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
4 Hours
Approval #: CE-217010S
Webinar
Elective
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Thu May 94:00 pm to 7:00 pm EDT
3 Hours 3 Hours
Approval #: CE-218019S
Live Webinar: Be Compliant and Competitive with Restricted Appraisal Reports
Thu May 94:00 pm to 7:00 pm EDT
3 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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
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 the Limited Scope Appraisal involves the development of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
The course then provides information about the two options for written appraisal reports in USPAP. The course begins with a brief analysis of why a lender would request and use a limited scope appraisal report so that the appraiser may better understand the needs of the intended user and properly define the scope of work required to fulfill the intended use.
3 Hours
Approval #: CE-218019S
Webinar
Elective
Live Webinar: Fannie Mae Appraisal Guidelines
Fri May 1011:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218045S
Live Webinar: Fannie Mae Appraisal Guidelines
Fri May 1011:00 am to 3:00 pm EDT
4 HoursFannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
Fannie Mae is of the largest funding sources for home loans. However, many appraisal professionals are unfamiliar with this corporation’s actual role in the mortgage industry. Understanding the purpose and function of Fannie Mae, in addition to its current guidelines and requirements for appraisal assignments, is essential to conducting fair and compliant real estate transactions. In order for you to better understand Fannie Mae and its role in the housing market, your instructor will tackle a number of misconceptions and will disprove several myths about the guidelines and requirements associated with this organization. Along the way, your instructor will discuss examples, provide case studies, and ask “fact or myth” questions which you can apply to real-life appraisal situations. Your instructor will also identify and discuss Fannie Mae’s Appraiser Quality Monitoring (AQM) initiative, using Fannie Mae’s own Lender Letter and Frequently Asked Questions to provide accurate and current information.
4 Hours
Approval #: CE-218045S
Webinar
Elective
Live Webinar: Appraisal Practices of Manufactured Housing
Sat May 111:00 pm to 5:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216067S
Live Webinar: Appraisal Practices of Manufactured Housing
Sat May 111:00 pm to 5:00 pm EDT
4 Hours
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
4 Hours
Approval #: CE-216067S
Webinar
Elective
Live Webinar: Work File: Your Best Defense Against an Offense
Mon May 1312:00 pm to 5:00 pm EDT
5 Hours 5 Hours
Approval #: CE-218047S
Live Webinar: Work File: Your Best Defense Against an Offense
Mon May 1312:00 pm to 5:00 pm EDT
5 Hours
As a practicing appraisal professional, are you aware of the importance of keeping accurate, highly-detailed workfiles for your transactions? If your workfile comes under examination, every “i” must be dotted and “t” crossed in order to avoid trouble. In fact, one of the most common disciplinary actions taken by licensing boards is the result of insufficient support in the workfile. Therefore, having a sound workfile not only keeps you compliant with USPAP, it also encourages a high level of public trust in your work as an appraisal professional. Want to learn more about the ways a top notch work file can protect your appraisal practice? Your instructor will provide you with an in-depth analysis of the RECORD KEEPING RULE and the SCOPE OF WORK RULE as the basis for helping to establish what information is necessary to ensure the appraiser produces credible assignment results. In addition, your instructor will cover Fannie Mae’s 1004 report form and on a page and section basis, identify the areas which are the least supported by file documentation, and the ways that the same information can be used to supported several different analyses in the workfile.
As a practicing appraisal professional, are you aware of the importance of keeping accurate, highly-detailed workfiles for your transactions? If your workfile comes under examination, every “i” must be dotted and “t” crossed in order to avoid trouble. In fact, one of the most common disciplinary actions taken by licensing boards is the result of insufficient support in the workfile. Therefore, having a sound workfile not only keeps you compliant with USPAP, it also encourages a high level of public trust in your work as an appraisal professional. Want to learn more about the ways a top notch work file can protect your appraisal practice? Your instructor will provide you with an in-depth analysis of the RECORD KEEPING RULE and the SCOPE OF WORK RULE as the basis for helping to establish what information is necessary to ensure the appraiser produces credible assignment results. In addition, your instructor will cover Fannie Mae’s 1004 report form and on a page and section basis, identify the areas which are the least supported by file documentation, and the ways that the same information can be used to supported several different analyses in the workfile.
5 Hours
Approval #: CE-218047S
Webinar
Elective
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Tue May 1412:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218050S
Live Webinar: Expert Witness Testimony: To Do or Not to Do
Tue May 1412:00 pm to 4:00 pm EDT
4 Hours
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
The appraisal business, similar to most businesses that are closely tied to the real estate industry, changes with the housing market. In order for you to expand your business, it is often necessary for you to consider a new niche or think outside the box in terms of the services you provide. If you want to diversify your appraisal business but are unsure of where to begin, exploring the unique opportunities provided by a position as an expert witness is a great place to start. Offering appraisal and consulting services as an expert witness allows you the chance to grow as an appraisal professional in numerous ways, from tackling new and exciting assignments to interacting with clients from all walks of life. Your instructor, Paul Lorenzen, will introduce you to expert witness testimony by exploring the categories of expert witness and the types of assignments appraisers can expect to encounter. In addition, your instructor will provide you with an “up close look” at the scope of work elements involved in this field, including the importance of properly identifying the client, the intended users, and the intended use.
4 Hours
Approval #: CE-218050S
Webinar
Elective
4 Hours
Approval #: CE-217009S
Live Webinar: Issues in Appraiser Liability
Wed May 154:00 pm to 8:00 pm EDT
4 Hours
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
Liability cannot be eliminated entirely, but it can be managed. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license. This seminar examines practical ways appraisers can protect themselves in their everyday practice, pointing out common malpractice issues and investigating available remedies. Among other topics, the course will discuss legal definitions and categories of penalties, third-party liability, competency, environmental issues, real estate and mortgage fraud, identity theft, supervising appraisal trainees, and how appraisers can best manage their liability.
4 Hours
Approval #: CE-217009S
Webinar
Elective
Live Webinar: The Appraisal of 2-4 Unit Properties
Fri May 1712:00 pm to 4:00 pm EDT
4 Hours 4 Hours
Approval #: CE-218015S
Live Webinar: The Appraisal of 2-4 Unit Properties
Fri May 1712:00 pm to 4:00 pm EDT
4 Hours
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
This course identifies the elements of an appraisal of 2-4 unit properties and identifies the components that are important to appraisers in their analysis. Appraisals of single-family residential property differ from multi-unit properties. A key difference is the income producing capability of the multi-unit property. Although the sales comparison approach and cost approach are considered, the income approach to value is often relied upon by appraisers when estimating market value. Also included is the discussion of appraisal valuation concepts, the application the sales comparison approach, cost approach and the income approach to value, as well as the examination of Fannie Mae and Freddie Mac appraisal reporting requirements.
4 Hours
Approval #: CE-218015S
Webinar
Elective
3 Hours
Approval #: CE-217032S
Live Webinar: A Review of Disciplinary Cases
Sun May 191:00 pm to 4:00 pm EDT
3 HoursDisciplinary cases against appraisers are on the increase throughout the United States due to several factors, most significantly the Dodd-Frank requirement that lending institutions and AMCs must report suspected violations of USPAP to state enforcement agencies. This course is designed to make the appraiser aware of what not to do by presenting not only guidance, but also a significant number of actual appraiser disciplinary cases.
Disciplinary cases against appraisers are on the increase throughout the United States due to several factors, most significantly the Dodd-Frank requirement that lending institutions and AMCs must report suspected violations of USPAP to state enforcement agencies. This course is designed to make the appraiser aware of what not to do by presenting not only guidance, but also a significant number of actual appraiser disciplinary cases.
3 Hours
Approval #: CE-217032S
Webinar
Elective
Live Webinar: Appraisal Practices of Manufactured Housing
Mon May 2011:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216067S
Live Webinar: Appraisal Practices of Manufactured Housing
Mon May 2011:00 am to 3:00 pm EDT
4 Hours
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. Proper use of the 1004C Manufactured Housing appraisal form will be illustrated. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, and VA will be explored. There will be detailed examples of calculating replacement costs for manufactured housing using the Marshall & Swift Residential Cost Handbook, Swift Estimator, and the NADA guides Manufactured Housing CONNECT.
4 Hours
Approval #: CE-216067S
Webinar
Elective
Live Webinar: REO Appraisal: Guidelines and Best Practices
Mon May 204:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217021S
Live Webinar: REO Appraisal: Guidelines and Best Practices
Mon May 204:00 pm to 8:00 pm EDT
4 Hours
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
This course provides 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. We will examine the differences between traditional mortgage appraisal assignments and foreclosure assignments. Special attention is paid to clearly identifying the definition of value as well as assignment conditions and requirements from clients and intended users such as Fannie Mae and HUD/FHA. We will cover the concepts of cost to repair and cost to cure, along with data sources to support cost estimates, as well as investor incentive (risk demand) estimates extracted from the market.
4 Hours
Approval #: CE-217021S
Webinar
Elective
Live Webinar: Analyze This! Applications of Appraisal Analysis
Wed May 221:00 pm to 5:00 pm EDT
4 Hours 4 Hours
Approval #: CE-216066S
Live Webinar: Analyze This! Applications of Appraisal Analysis
Wed May 221:00 pm to 5:00 pm EDT
4 HoursThis course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
This course concentrates on proper analysis for residential appraisers. Analysis is the genesis of value. We will start with a review of unacceptable appraisal practices as identified by the GSEs. After looking at several definitions of analysis, the focus will turn to areas of analysis that are frequently missing from appraisal reports and from appraisal work files, as required by USPAP and regulators, including but not limited to: support for exposure time, support for the highest and best use conclusion, support for effective age and economic life conclusions. Then we will concentrate on the market analysis (1004MC) and on the sales analysis; again with USPAP and regulatory compliance in mind. We will also focus on comparable sales selection, qualitative, and statistical analysis.
4 Hours
Approval #: CE-216066S
Webinar
Elective
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Thu May 2311:00 am to 3:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217010S
Live Webinar: Recognizing Mortgage Fraud and Its Effects
Thu May 2311:00 am to 3:00 pm EDT
4 Hours
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
This course provides an in-depth look at mortgage and valuation fraud in the United States. First, we must understand the definition of fraud, and how it applies in mortgage lending and appraising.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
Illustrations and examples of various fraud schemes that are common today are offered. These include flipping, silent seconds and cash back at closing schemes. The appraiser’s role in various types of swindles will be examined. We will also discuss appraisal pressure, predatory lending, and various illegal lending practices such as packing and equity stripping.
Next, various enforcement and legal issues, including civil vs. criminal liability, investigation and prosecution of appraisers, and appraiser identity theft will be studied in detail. Finally, we will outline several steps appraisers can take to limit their liability, and ensure they are not ensnared in the web of a fraud scheme.
4 Hours
Approval #: CE-217010S
Webinar
Elective
Live Webinar: Adjustment Support for Residential Appraisers
Wed May 294:00 pm to 8:00 pm EDT
4 Hours 4 Hours
Approval #: CE-217008S