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

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

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

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

COURSE HIGHLIGHTS: 

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

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

Market analysis is a fundamental cornerstone in completing a credible appraisal.  This course is intended to assist appraisers in understanding the need for and requirements to develop a sound market analysis in residential appraisal assignments. 
Special emphasis will be given in researching and analyzing markets in atypical scenarios and cycles such as areas impacted by environmental disturbances such as hurricanes and fires and economic turbulences such as real estate bubbles, bursts and pandemics.
The course begins with a brief discussion as to why a market analysis is an integral part of the appraisal process and is followed by numerous case studies showing research, analysis and reporting strategies.
Course Learning Objectives
At the conclusion of this course, participants will be able to:
• Determine whether a current event indicates an increasing or declining market or a possible housing bubble or bust.
• Identify various methods for researching, analyzing, and presenting market supply and demand factors.
• Apply market studies to support conclusions for the three approaches to value.
• List various resources residential appraisers can utilize for market analysis.