An appraisal report is both the final step and a critical element in the appraisal process, one that can successfully (or unsuccessfully) communicate your findings to a client. In this course your instructor will introduce some of the techniques and procedures associated with writing a proper appraisal report, as well as guide you through the various reporting options available, including narrative-type reports. Foundational requirements for these reports are taken from USPAP and intended users such as Fannie Mae and HUD. This course also features interactive case studies which require you to write parts of two appraisal reports: one on a single-family dwelling, and the other on a three-unit residential income property.
There is a mandatory one-hour proctored exam at the end that must be taken in a monitored setting. A calculator is recommended for this course.