Real Estate School of South Carolina

ABOUT THIS PACKAGE
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HOW IT WORKS:

• Step 1: Review courses offered in this package.
• Step 2: Select ENROLL to buy this package as-is.
• Step 3: Need to swap courses? Click HERE to choose course options.

 

WHY IT’S FOR YOU 

• You are licensed in South Carolina (or multiple states) and require license renewal or additional credit.
• As a busy appraiser, a self-paced learning approach best fits your lifestyle.
• You require basic cycle renewal hours, including national USPAP.

 

WHAT’S INCLUDED 
28 hours of self-paced online courses for South Carolina renewal
Phone and email support, 7 days a week
Automatic report of course completions to South Carolina
Completion certificates for South Carolina

COURSES INCLUDED

2022-2023 7-hour National USPAP Update Course (7 hrs)
Green Building Concepts for Appraisers (7 hrs)
Residential Property Inspection for Appraisers (7 hrs)
Residential Property Measurement and ANSI Z765 (4 hrs)
Best Practices for Completing Bifurcated and Hybrid Appraisals (3 hrs)

As the largest insurer of mortgages in the world, the U.S. Department of Housing and Urban Development (HUD) is a major player in the United States’ real estate market and an equally important regulatory entity in the valuation profession. HUD’s Federal Housing Administration (FHA) program sets the standards for a large number of residential appraisals nationwide. In March 2015, HUD published the Single Family Housing Policy Handbook, also known as Handbook 4000.1, with an effective date of September 14, 2015.  Designed to be the “go-to” handbook for appraisers and lenders, this publication consolidates FHA requirements into one single authoritative source, instead of having requirements scattered throughout several different handbooks and mortgagee letters. Knowledge of the FHA Handbook will help ensure that the properties you appraise meet the government’s health, safety, and security standards. This course focuses on the 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.

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. It covers the entire process, literally from the ground up. Topics include property inspection, site preparation, footings and foundations, framing systems, insulation and ventilation, HVAC and mechanical systems. The course material includes many illustrations and photographs, with an emphasis on recent innovations in building materials and practices.

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.

There are a number of appraisal courses out there that promise to teach real property appraisers advanced skills including the use of spreadsheets for market analysis, linear regression, and highly technical ways to extract and support adjustments in the sales comparison approach. 
However, a lot of these techniques touted as “the future of appraising” fall short when the subject property is not a cookie-cutter house located in a neighborhood or subdivision consisting of homogenous properties. Appraisals of complex and non-conforming properties require knowledge of many different types of appraisal techniques, creativity, and a positive attitude. We will cover several different techniques in this course, and demonstrate how creativity (e.g., use of non-traditional appraisal techniques) can be employed to solve appraisal problems. The positive attitude, however, is up to you.
This course is intended to be meaningful and relevant for experienced appraisers and novice appraisers alike. Newer appraisers are likely to find lots of new and good information in this course. More experienced appraisers are expected to receive a few tips and tricks, and also get some affirmation about their current appraisal practices. 
This course is intended to cover complex residential properties (i.e. 1- to 4-unit residential properties) although much of the information imparted in this course could also be applied to the appraisal of non-residential properties as well.

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. Included is the development of the traditional approaches for residential appraisals, with a special emphasis on the unique challenges associated with REO and foreclosure properties, from accepting the assignment to delivering the final report. 
Examination of an appropriate scope of work for an REO appraisal is discussed and explained, with special attention to 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.
 

Welcome to Appraising Today’s Manufactured Homes, presented by McKissock Learning in collaboration with Fannie Mae. 
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. We will also 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. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, VA and USDA will be covered. We will examine the 1004C form, which is the Fannie Mae/Freddie Mac form designed for reporting the appraisal of a manufactured home and finally, we will address sources for cost data for manufactured homes.
This online course has more visual content than most. We will employ lots of drawings, photographs, and video content to illustrate our points.
This is a self-paced online course. You may complete it when and where you choose. You can complete it all in one sitting, if you wish, or you can complete it in bits and pieces at your convenience. There will be quizzes along the way that you must complete in order to advance to the next section.