Want to know which resources are popular among your fellow real estate appraisers? McKissock’s Unlimited Learning Members get full access to a variety of online appraisal classes, checklists, videos, and other learning tools. Here’s an overview of the most-used resources among our appraisal membership community over the past two months.
Checklist: FHA Checklist
The “FHA Checklist” is our top-trending resource so far this year. This sample FHA property observation checklist is designed to give you an idea of what appraisers look for during an inspection. Other popular checklists include “6 Quick Tips for Appraising Basements,” “Appraisal Report Item Checklist,” and “How to Build a Regression Model.”
Webinar: Appraising Solar Panels
Determining the value of solar panels is an increasingly common appraisal issue—one that has many appraisers asking questions. In “Appraising Solar Panels – A Primer,” instructor Mark Buhler gives an overview of solar panels, methods of valuation, and the challenges of appraising properties with solar. This webinar is designed to help you take the first step towards competency in the valuation of this energy efficient feature of real estate.
Video: Using Regression to Predict Sales Price
With regression, you can build a mathematical model to predict actual sales price. This popular video, “Using Regression to Predict Sales Price,” shows you how. Other videos that are well-liked among appraisal members include “Appraiser’s Tools,” “Well and Septic System,” “Appraisal Report V
Whitepaper: FHA Handbook
Our top-trending whitepaper is titled, “FHA Handbook: A Breakdown of Property Acceptability Criteria.” The FHA Handbook states that HUD requires every property to be safe, sound, and secure, and that it must comply with MPR and/or MPS. The whitepaper discusses the acceptability criteria that must be met in order for an existing or new construction home to be eligible for FHA mortgage insurance.
Job Aid: Assignment Conditions
Our most popular job aid is, “Assignment Conditions: Extraordinary Assumptions and Hypothetical Conditions.” In every appraisal assignment, you must identify any assignment conditions that apply. Two common, and sometimes misunderstood, assignment conditions are extraordinary assumptions and hypothetical conditions. The job aid defines these terms and gives helpful examples.
For related info, check out our post: The 3 Basic Reporting Requirements for Real Property Appraisal.
This is just a brief snapshot of what’s available in the Unlimited Learning Membership toolkit. Enjoy unlimited access to all of these resources plus many, many more when you become a member. No matter what style or pace of learning you prefer, we’ve got you covered. Simplify your CE by signing up for the appraisal membership pass today.