Appraisal

Every appraiser knows the value of a good education. Our comprehensive products provide both instructor and student with quality courses and up-to-date exam preparation needed to enhance their knowledge.

ONLINE COURSES: Qualifying Education  |  Continuing Education

TEXTBOOKS: Qualifying Education   |  Exam Prep  |  Continuing Education

EXAM PREP: CompuCram

Online Courses

Qualifying Education-National

For more information, call 1-866-84-LEARN to talk to a sales representative!

This is an approved course for satisfying the Appraiser Qualifications Board’s real property qualifying education requirements. It fully explores the contents of USPAP, utilizing numerous compelling case examples that enable the student to understand the application of USPAP in real-world scenarios, along with assessment opportunities to challenge the student throughout the course. Upon completion of this course, students will have a solid understanding of how USPAP applies to appraisal practice and an appraiser’s development and reporting obligations within the USPAP appraisal process.

Hours : 15

Challenging residential appraisal assignments require analyzing and interpreting market conditions as they relate to appropriate adjustments for market conditions, location, distance, physical characteristics, etc. This course addresses these challenges with instruction and review of case studies that demonstrate cost development, locational considerations, functional obsolescence, and data identification/quantification issues. Elevating a student’s knowledge of challenging residential appraisal assignments helps to develop the expertise to recognize and address them in a competent manner. Additionally, the course provides methodologies for valuing partial interests and addressing changes in market conditions, methods for forming conclusions using sound judgment and logic in supporting opinions, and valuation techniques for appraising complex properties.

Hours : 15

This course provides an overview of real property concepts and characteristics, legal considerations, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal. Through theory, case studies, and examples, the course offers practical application of appraisal principles.

Hours : 30

This course provides an overview of real estate appraisal valuation procedures, approaches to value, property description, residential and commercial applications, residential construction and home inspection, as well as basic appraisal math. It presents examples throughout to assist students with understanding essential concepts. A calculator is recommended for this course.

Hours : 30

Identifying and analyzing market forces affecting the buyers’ and sellers’ behavior are key to understanding and reporting values. This course is designed to give students the tools needed to properly collect and analyze market data. Markets, sub-markets, market segmentation, supply-side analysis, demand analysis, and the importance of market analysis to the appraisal process are covered in the first half. The second half focuses on the theory of highest and best use. The course covers two-step analysis along with the four tests for highest and best use in detail. Drill problems and a short case study allow students to put into practice the techniques presented in the course. Students can take an exam at the completion of the course for pre-certification credit.

Hours : 15

This course is deeply rooted in appraisal professional standards and best practices of an appraiser when communicating the opinions and conclusions of a residential appraisal. The course commences with a detailed discussion of USPAP Rules and the reporting options permitted by STANDARD 2. Then it delves into appraisal writing skills along with several examples of how appraisers can express their reasoning in typical appraisal reporting situations. The course fully illustrates the most common residential appraisal reporting form, the Uniform Residential Appraisal Report (URAR) along with the requirements of the Uniform Appraisal Dataset (UAD). The course continues with an overview of several of the most common residential appraisal forms. Within each section of the course are numerous compelling case studies to reinforce learning. Finally, the course explores common reporting issues to illustrate the level of detail required in appraisal commentary to ensure appraisal reports are clear and not misleading (or fraudulent). The current version of USPAP is recommended for reference during the course.

Hours : 15

This course is designed to provide students with a comprehensive knowledge of the development and application of the sales comparison approach and the income approach in residential appraisal assignments. The course begins with how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison and/or income approach is relevant in the scope of work and details the development steps in the appraisal process through reconciliation. As part of the progression, students become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales comparison and/or income approaches. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. Also included are an introduction to the HP 12C financial calculator as well as a discussion about using the sales comparison and income approaches in special situations.

Hours : 30

This course helps students gain valuable insight and a working knowledge of the various theories and methodologies for performing residential site valuation and developing the cost approach in appraisal practice. It discusses various costing methods and examines applications of the cost approach in residential appraising. Then it covers the important distinction between replacement cost new and reproduction cost new, along with an in-depth look at accepted methods for estimating accrued depreciation.

Hours : 15

The course provides a comprehensive look at general residential appraisal review, analysis of two to four-family and multi-family properties, and analysis of unique and complex properties. It begins with an overview of appraisal review and a discussion of applicable USPAP Rules, along with an illustration of errors and shortcomings commonly found by reviewers. Throughout, the course emphasizes best practices for a reviewer when developing opinions and conclusions regarding the quality of another appraiser’s work. It also identifies key elements of market analysis of two to four-family and multi-family properties and distinguishes which features and characteristics are important to an appraiser’s analysis. In addition, students learn how to analyze income and expenses and how to use this analysis in an appraisal of income producing property. Finally, the course covers  appropriate income methodologies and how the appraisal approaches apply to income-producing properties.

Hours : 20

This course is designed to provide students with the theory and practice of statistics, real estate finance, and valuation modeling for today’s residential appraiser. It outlines terminology and basic principles of statistics, including practical applications in statistical analysis. In addition, the course presents an explanation of real estate markets, terms of financing, and real-world examples of how financing affects the value of real property.

Hours : 15

Qualifying Education-State Specific

This course is designed to assist in creating competent appraisers who can continually promote and reinforce ethical appraisal practice, abide by Florida as well as national laws and regulations, uphold an appropriate supervisory/trainee appraiser relationship, maintain a strong aptitude for writing residential appraisal reports, and capably understand and work with appraisal reviews. The course contains numerous compelling case studies, examples, and activities to reinforce learning. The current version of USPAP is recommended for reference during the course.

Hours : 25

This course is designed to meet the minimum Nevada Law pre-licensing requirements. The primary curriculum focuses on Nevada Revised Statutes and Nevada Administrative Code 645C, including requirements for residential appraisal licenses, residential appraiser certificates, general appraisers, and appraisal management companies.

Hours : 3

This course provides appraisers with an understanding of how fair housing impacts the appraisal process and report. It covers general information about fair lending practices as outlined in federal and state legislation and identifies the requirements of the Uniform Standards of Professional Appraisal Practice as they relate to accurate and factual reporting of collectible data without bias or discrimination.

Hours : 3

 

Continuing Education Online Courses – National

For more information, call 1-866-84-LEARN to talk to a sales representative!

The core of this course focuses on the 2018-2019 Uniform Standards of Professional Appraisal Practice updates as set forth by the Appraisal Standards Board of The Appraisal Foundation. The course also includes issues appraisers face in their daily appraisal assignments as well as common USPAP violations.

Hours : 7

This course appeals to appraisers who are considering entering the practice of appraisal review as well as those who are actively performing review work. Throughout, the course emphasizes best practices for a reviewer when developing opinions and conclusions regarding the quality of another appraiser’s work. The course begins with an overview of appraisal review and a discussion of applicable USPAP Rules along with an illustration of common errors and shortcomings commonly found by reviewers. Next, STANDARD 3 and 4 are fully discussed along with applicable guidance offered by the Appraisal Standards Board. The course continues with an overview of the STANDARDS 1 and 2 appraisal development and reporting obligations. Finally, common mortgage industry appraisal and appraisal review forms are illustrated and discussed from a review perspective.

Hours : 7

Many appraisers who are looking for ways to expand their portfolio of services have found that offering expert witness and litigation services can be both rewarding and lucrative. This course begins by differentiating the types of witnesses used in litigation and continues by taking an in-depth look at various federal rules governing expert testimony. The general civil action process is discussed in detail, including pretrial procedures and what to expect once on the witness stand. Special emphasis is placed on the appraiser’s duties to the professional standards of ethics and competency.

Hours : 7

Knowing how to appraise two to four-family and multi-family properties allows appraisers to accept more assignments involving income-producing properties. This course provides background information to appraise such properties. The course identifies key elements of market analysis of two to four-family and multi-family properties and distinguishes which features and characteristics are important to an appraiser’s analysis. Students learn how to analyze income and expenses and how this analysis is used in an appraisal of income-producing property. The course also discusses appropriate income methodologies and how the appraisal approaches apply to income-producing properties. Then it walks students through Fannie Mae Reporting Form 1025/Freddie Mac Reporting Form 72, Small Residential Income Property Appraisal Report, including the guidelines for each and how to compile the required data and correctly complete the analysis. This section also covers Fannie Mae Form 216/Freddie Mac Form 998, Operating Income Statement Form, as it is a required exhibit that accompanies the 1025/72 report.

Hours : 7

This course is designed for real estate agents and appraisers to review fundamental construction methods, both old and new, in residential real estate. The course covers construction from site preparation through completion. Major components of a house are identified, including building materials and mechanical systems. Further, the course reveals red flags that are discernible to agents and appraisers when inspecting a home for a listing, sale, or valuation. Finally, the course describes how physical and functional issues in houses affect value.

Hours : 7

In past years, the appraisal industry has come under scrutiny. The financial crisis of 2008 and the housing-bubble burst led to industry changes and reforms, including the Home Valuation Code of Conduct (HVCC), the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the Uniform Appraisal Dataset (UAD). How did these changes affect appraisers, reviewers, and the industry as a whole? Were they welcome? Were they effective? Better Safe Than Sorry explores those questions and delves into the role of the reviewer, the obligations of the appraiser, relevant USPAP regulations, common errors appraisers can avoid, and the importance of structured report writing.

Hours : 7

This course raises the level of awareness of the scope of work involved with assignments other than the everyday single- family residential appraisal. Many times, appraisers encounter the issue of complexity or uniqueness in something other than the physical characteristics of the property during problem identification. The course explores a variety of topics, including the elements of challenging assignments, appraising challenging sites, appraising unique residential properties, appraising historic residences, and appraising mixed-used and small commercial properties.

Hours : 7

This course explores valuable appraisal reporting practices, beginning with a review of select USPAP reporting obligations. Next, it reviews the completion of the URAR reporting form, along with the compliance requirements of the Uniform Automated Dataset (UAD). Then, it provides an overview of key
reporting areas necessary for the completion of other appraisal and evaluation forms, including broker’s price opinion (BPO) reports. The course concludes with a comprehensive study of the art of effective communication through the composition of concise narrative commentary for numerous appraisal situations.

Hours : 7

In today’s world, appraisers must remain keenly aware of the quality standards their clients expect as well as the compliance obligations appraiser regulators require. Many users of appraiser’s services and appraiser regulatory agencies have expanded or amplified their quality standards as a result of past events of financial turmoil involving valuation issues. Defensible Appraising is designed to provide a comprehensive look at best practices for appraisers to recognize and meet those expectations. The course commences with a discussion of various avenues that could cause liability concerns for appraisers, including the appraisal review process, then moves to a discussion of common areas of deficiencies and inadequacies in the appraisal process. The remainder of the course takes a detailed look at compliance with USPAP, beginning with identification of the problem through the reporting process.  This includes expanded illustrations of both acceptable and unacceptable practices.

Hours : 7

The FHA and VA have been amending their inspecting and reporting requirements, aggressively reducing red tape, and raising awareness of their programs. For residential real property appraisers, this translates into opportunities in a growing and changing market segment. Real property appraising for the purpose of FHA and VA mortgage loans can provide the residential appraiser with a valuable and additional profit center. This course addresses the requirements both for becoming an FHA Roster Appraiser and a VA Fee Panel Appraiser.

Hours : 7

Green construction, green energy, and green living are key topics about the environment for everyone today. For real estate agents and appraisers, the first step is to understand the basics about green as it applies to real estate. A home is made up of many different systems and real estate professionals need to understand how they work together and independently to make a home more energy efficient and environmentally friendly. In this course, we study the basic concepts of green building as it applies to real estate and the appraisal of property value, primarily regarding residential property. We review the elements of green materials and techniques as well as relevant property characteristics that affect value. We also cover what to look for when inspecting the interior and exterior of a home, including any related adjustments and the effect of green.

Hours : 7

This course is designed to provide the student with a comprehensive review of the development and application of the income approach in residential appraisal assignments. The course begins with how the fundamental principles of valuation and appraisal standards apply to an assignment in which the income approach is relevant in the scope of work and details the development steps in the appraisal process through reconciliation. As part of the progression, students become acquainted with accepted methodology and techniques that can be applied in the assignment using the income approach. Included and emphasized, through illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. It also includes a discussion about using the income approach in special situations.

Hours : 7

This course is designed to provide students with a comprehensive knowledge of the development and application of the sales comparison approach in residential appraisal assignments. The course begins with how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison approach is relevant in the scope of work and details the development steps in the appraisal process through reconciliation. As part of the progression, students become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales comparison approach. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. The course also includes a discussion about using the sales comparison approach in special situations.

Hours : 7

This course provides a comprehensive look at the 2008 real estate crisis and regulations put in place as a result and as a means to protect consumers from unfair, deceptive, and fraudulent mortgage lending practices. The course covers key historical facts and mortgage-specific regulations that are important for appraisers to understand in terms of how they impact the business of mortgage origination and property valuation. The course gives specific attention to how mortgage origination laws impacted appraisers, especially disclosures, the right of rescission, prohibited mortgage appraiser activities, and private mortgage insurance cancellation. The remainder of the course looks at the laws and processes that directly impacted how appraisers and appraisal management companies must do business. The course highlights the proper use of the Fannie Mae Form 1004MC, how to appraise “flipped” homes and homes facing foreclosure, and how to appraise properties given different market conditions. It also includes requirements that must be met by appraisal management companies as the result of the Dodd- Frank Act final rule that amended the Financial Institutions Reform, Recovery, and Enforcement Act.

Hours : 7

The course commences with an overview of national and state appraisal regulatory bodies as well as a comprehensive discussion of the minimum AQB qualifying criteria for supervisory appraisers and the various appraiser classifications. It also discusses appraiser ethics and competency obligations with a focus on supervisory appraisers and trainees. The course concludes with the specific roles and responsibilities of supervisory appraisers and trainee appraisers. This includes a final unit that serves as a best practices checklist, designed to ensure thorough and meaningful supervisory oversight and best practice development by trainees in appraisal development and reporting.

Hours : 7

A Practical Guide to Appraising Manufactured Homes was designed to assist real estate appraisers in becoming knowledgeable about the manufactured housing industry and the requirements for appraising manufactured homes. This course provides the history of the manufactured housing industry and how it has progressed over time. Detailed guidance about the manufactured housing construction standards, codes and regulations, and reporting forms presented in this course will adequately prepare appraisers with the knowledge to complete manufactured housing appraisal reports with confidence.

Hours : 3

The popularity of FHA insured financing continues, and many certified appraisers are currently included, or are seeking to be included, on the FHA appraiser roster. For many years, FHA Roster Appraisers and brokerage professionals relied upon the FHA handbook, Valuation Analysis for Single Family One to Four Unit Dwellings, better known as Handbook 4150.2, as their compass for developing and reporting appraisals for FHA-insured financing. Most of the existing handbooks, mortgagee letters, and other references formerly used by lenders, appraisers, and other real estate professionals were superseded by a new, and more comprehensive handbook, The FHA Single Family Housing Policy Handbook 4000.1. This course features excerpts of the guide when appropriate and identifies them as such. However, the course focuses primarily on property and valuation analysis and not specifically on reporting format or elements such as UAD compliance.

Hours : 7

This course provides students with an understanding of the historical and present needs for FHA and VA programs. It focuses on the most current FHA appraisal requirements, including inspection and reporting requirements. It also provides resources for continuing updates on the programs. Students also learn how to get placed on the FHA roster and the essential information needed to prepare for the FHA appraiser exam. The course also provides an overview of the VA appraisal protocol as well as the process to be considered as a VA appraiser.

Hours : 5

Continuing Education Online Courses – State Specific

This course will provide an overview of federal and California state laws and regulations for the appraisal industry. The course will provide a review of the history of the appraisal industry and a look into how regulation was developed and how it shapes appraisals today. Regulatory agencies are examined, in addition to a review of AMCs. California regulation will be reviewed, including the CA Real Estate Appraisers’ Licensing and Certification Law, BREA, and the CA Code of Regulations.

Hours : 4

This course is offered for the express purpose of meeting the continuing education requirements of real estate appraisers in Florida. The course, which includes Florida Statutes and Florida Administrative Code, fulfills the three-hour state requirement for appraisal continuing education.

Hours : 3

This two-hour continuing education course is designed to help appraisers in the state of Michigan become knowledgeable regarding recent changes in Michigan law and become more aware of their duties and responsibilities under the law.

Hours : 2

This course is designed to assist in creating competent appraisers who can continually promote and reinforce ethical appraisal practice, abide by Ohio and national laws and regulations, and uphold an appropriate supervisory/trainee appraiser relationship. It provides an overview is provided of the rules, requirements, and USPAP standards for supervisory and trainee appraisers, identifying the AQB requirements and especially noting the credential requirements for supervisory and trainee appraisers.

Hours : 4

This course fulfills the two-hour mandatory law continuing education requirement for appraisers in the Commonwealth of Pennsylvania. Students examine the Pennsylvania Appraisers Certification Act in detail and review the responsibilities of the certified appraiser when overseeing the work of appraisal assistants. The course also highlights important issues such as violations, complaints, and disciplinary actions that an appraiser needs to understand and avoid.

Hours : 2

This course is designed to assist in creating competent appraisers who can continually promote and reinforce ethical appraisal practice, abide by Texas and national laws and regulations, and uphold an appropriate supervisory/trainee appraiser relationship. It provides an overview of the rules, requirements, and USPAP standards for supervisory and trainee appraisers, identifying the AQB and Texas state-specific requirements and especially noting the credential requirements for supervisory and trainee appraisers.

Hours : 4

 

Textbooks

Qualifying Education

For more information, call 1-866-84-LEARN to talk to a sales representative!

Challenging residential appraisal assignments require analyzing and interpreting market conditions as they relate to appropriate adjustments for market conditions, location, distance, physical characteristics, etc. This course addresses these challenges with instruction and review of case studies that demonstrate cost development, locational considerations, functional obsolescence, and data identification/quantification issues. Elevating a student’s knowledge of challenging residential appraisal assignments helps to develop the expertise to recognize and address them in a competent manner. Additionally, the course provides methodologies for valuing partial interests and addressing changes in market conditions, methods for forming conclusions using sound judgment and logic in supporting opinions, and valuation techniques for appraising complex properties.

Hours : 15
ISBN : 978-1-59844-231-1
Retail Price : $40

This course provides an overview of real property concepts and characteristics, legal considerations, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal. Through theory, case studies, and examples, the course offers practical application of appraisal principles.

Hours : 30
ISBN : 978-1-59844-174-1
Retail Price : $50

This course provides an overview of real estate appraisal valuation procedures, approaches to value, property description, residential and commercial applications, residential construction and home inspection, as well as basic appraisal math. It presents examples throughout to assist students with understanding essential concepts. A calculator is recommended for this course.

Hours : 30
ISBN : 978-1-59844-240-3
Retail Price : $50

Identifying and analyzing market forces affecting the buyers’ and sellers’ behavior are key to understanding and reporting values. This course is designed to give students the tools needed to properly collect and analyze market data. Markets, sub-markets, market segmentation, supply-side analysis, demand analysis, and the importance of market analysis to the appraisal process are covered in the first half. The second half focuses on the theory of highest and best use. The course covers two-step analysis along with the four tests for highest and best use in detail. Drill problems and a short case study allow students to put into practice the techniques presented in the course. Students can take an exam at the completion of the course for pre-certification credit.

Hours : 15
ISBN : 978-1-59844-168-0
Retail Price : $40

Hours : 20
ISBN : 978-1-59844-225-0
Retail Price : $45

This course is deeply rooted in appraisal professional standards and best practices of an appraiser when communicating the opinions and conclusions of a residential appraisal. The course commences with a detailed discussion of USPAP Rules and the reporting options permitted by STANDARD 2. Then it delves into appraisal writing skills along with several examples of how appraisers can express their reasoning in typical appraisal reporting situations. The course fully illustrates the most common residential appraisal reporting form, the Uniform Residential Appraisal Report (URAR) along with the requirements of the Uniform Appraisal Dataset (UAD). The course continues with an overview of several of the most common residential appraisal forms. Within each section of the course are numerous compelling case studies to reinforce learning. Finally, the course explores common reporting issues to illustrate the level of detail required in appraisal commentary to ensure appraisal reports are clear and not misleading (or fraudulent). The current version of USPAP is recommended for reference during the course.

Hours : 15
ISBN : 978-1-59844-226-7
Retail Price : $40

This course is designed to provide students with a comprehensive knowledge of the development and application of the sales comparison approach and the income approach in residential appraisal assignments. The course begins with how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison and/or income approach is relevant in the scope of work and details the development steps in the appraisal process through reconciliation. As part of the progression, students become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales comparison and/or income approaches. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. Also included are an introduction to the HP 12C financial calculator as well as a discussion about using the sales comparison and income approaches in special situations.

Hours : 30
ISBN : 978-1-59844-255-7
Retail Price : $50

This course helps students gain valuable insight and a working knowledge of the various theories and methodologies for performing residential site valuation and developing the cost approach in appraisal practice. It discusses various costing methods and examines applications of the cost approach in residential appraising. Then it covers the important distinction between replacement cost new and reproduction cost new, along with an in-depth look at accepted methods for estimating accrued depreciation.

Hours : 15
ISBN : 978-1-59844-175-8
Retail Price : $40

This course is designed to provide students with the theory and practice of statistics, real estate finance, and valuation modeling for today’s residential appraiser. It outlines terminology and basic principles of statistics, including practical applications in statistical analysis. In addition, the course presents an explanation of real estate markets, terms of financing, and real-world examples of how financing affects the value of real property.

Hours : 15
ISBN : 978-1-59844-219-9
Retail Price : $40

Exam Prep Textbooks

For more information, call 1-866-84-LEARN to talk to a sales representative!

The Appraisal Review Crammer™ is specifically designed to help students prepare for the National Uniform Licensing and Certification Residential Appraiser Examination and offers various ways to check and reinforce students’ knowledge of terminology, concepts, and applications while refreshing their
test-taking skills. Activities, quizzes, practice test questions, and varied exercises refine students’ skills so they’re prepared to take these exams with reduced anxiety and increased confidence.

ISBN : 978-1-59844-283-0
Retail Price : $50

Continuing Education Textbooks

For more information, call 1-866-84-LEARN to talk to a sales representative!

Knowing how to appraise two to four-family and multi-family properties allows appraisers to accept more assignments involving income-producing properties. This course provides background information to appraise such properties. The course identifies key elements of market analysis of two to four-family and multi-family properties and distinguishes which features and characteristics are important to an appraiser’s analysis. Students learn how to analyze income and expenses and how this analysis is used in an appraisal of income-producing property. The course also discusses appropriate income methodologies and how the appraisal approaches apply to income-producing properties. Then it walks students through Fannie Mae Reporting Form 1025/Freddie Mac Reporting Form 72, Small Residential Income Property Appraisal Report, including the guidelines for each and how to compile the required data and correctly complete the analysis. This section also covers Fannie Mae Form 216/Freddie Mac Form 998, Operating Income Statement Form, as it is a required exhibit that accompanies the 1025/72 report.

Hours : 7
ISBN : 978-1-59844-314-1
Retail Price : $20

Many appraisers who are looking for ways to expand their portfolio of services have found that offering expert witness and litigation services can be both rewarding and lucrative. This course begins by differentiating the types of witnesses used in litigation and continues by taking an in-depth look at various federal rules governing expert testimony. The general civil action process is discussed in detail, including pretrial procedures and what to expect once on the witness stand. Special emphasis is placed on the appraiser’s duties to the professional standards of ethics and competency..

Hours : 7
ISBN : 978-1-59844-326-4
Retail Price : $20

This course is designed for real estate agents and appraisers to review fundamental construction methods, both old and new, in residential real estate. The course covers construction from site preparation through completion. Major components of a house are identified, including building materials and mechanical systems. Further, the course reveals red flags that are discernible to agents and appraisers when inspecting a home for a listing, sale, or valuation. Finally, the course describes how physical and functional issues in houses affect value.

Hours : 7
ISBN : 978-1-59844-282-3
Retail Price : $20

In past years, the appraisal industry has come under scrutiny. The financial crisis of 2008 and the housing-bubble burst led to industry changes and reforms, including the Home Valuation Code of Conduct (HVCC), the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the Uniform Appraisal Dataset (UAD). How did these changes affect appraisers, reviewers, and the industry as a whole? Were they welcome? Were they effective? Better Safe Than Sorry explores those questions and delves into the role of the reviewer, the obligations of the appraiser, relevant USPAP regulations, common errors appraisers can avoid, and the importance of structured report writing.

Hours : 7
ISBN : 978-1-59844-248-9
Retail Price : $20

Green features have become increasingly common in the marketplace, so it is important for appraisers to understand how to approach these properties in an appraisal. This course defines green building principles and terms and provides an overview of emerging trends around green building and energy efficiency. Considerations for Green Home Appraisals also highlights tools that can guide appraisers from scope of work to final appraisal report, including valuation advisories, green
certifications, and energy labels. From there, the course offers guidance for appraisers to determine competency and adjust for sustainable and energy-efficient features in a green appraisal. Two case studies allow students to work through theoretical appraisal assignments.

Hours : 7
ISBN : 978-1-59844-361-5
Retail Price : $20

The popularity of FHA insured financing continues, and many certified appraisers are currently included, or are seeking to be included, on the FHA appraiser roster. For many years, FHA Roster Appraisers and brokerage professionals relied upon the FHA Handbook, Valuation Analysis for Single Family One to Four Unit Dwellings, better known as Handbook 4150.2, as their compass for developing and reporting appraisals to be used in connection with FHA-insured financing. Most of the existing handbooks, mortgagee letters, and other references formerly used by lenders, appraisers, and other real estate professionals were superseded by a new, and more comprehensive Handbook, The FHA Single Family Housing Policy Handbook 4000.1. This course features excerpts of the guide when appropriate and identifies them as such. However, the course focuses primarily on property and valuation analysis and not specifically on reporting format or elements such as UAD compliance.

Hours : 7
ISBN : 978-1-59844-334-9
Retail Price : $20

This course provides a thorough exploration of the concepts, calculations, and processes involved in the analysis and valuation of income properties. The course delves into the steps of income property valuation and the foundation for financial analysis. It reviews the various types of gross income (and their influence), gross income streams, as well as the conversion of income into a value indicator via multiplier capitalization. Then, it covers NOI development and how to find income production performance, durability, and quality through performance ratios. The course also examines the calculation to find the capitalization rate for direct capitalization and concludes with an introductory-level exploration of how to process compound interest and apply it to the income approach.

Hours : 7
ISBN : 978-1-59844-270-0
Retail Price : $20

This course is designed for appraisers who are considering entering the practice of appraisal review as well as those who are actively performing review work. Throughout, the course emphasizes best practices for a reviewer when developing opinions and conclusions regarding the quality of another appraiser’s work.

Hours : 7
ISBN : 978-1-59844-318-9
Retail Price : $20

This course appeals to appraisers who are considering entering the practice of appraisal review as well as those who
are actively performing review work. Throughout, the course emphasizes best practices for a reviewer when developing opinions and conclusions regarding the quality of another appraiser’s work. The course begins with an overview of appraisal review and a discussion of applicable USPAP Rules along with an illustration of errors and shortcomings commonly found by reviewers. Next, the course fully discusses STANDARDS 3 and 4 along with applicable guidance offered by the Appraisal Standards Board. The course continues with an overview of the STANDARDS 1 and 2 appraisal development and reporting obligations. Finally, students look at common mortgage industry appraisal and appraisal review forms from a review perspective.

Hours : 7
ISBN : 978-1-59844-227-4
Retail Price : $20

This course commences with an overview of national and state appraisal regulatory bodies as well as a comprehensive discussion of the minimum AQB qualifying criteria for supervisory appraisers and the various appraiser classifications. It also discusses the obligations of appraiser ethics and competency with a focus on supervisory appraisers and trainees. The course concludes with the specific roles and responsibilities of supervisory appraisers and trainee appraisers, including a final chapter that serves as a best practices checklist, designed to ensure thorough and meaningful supervisory oversight and best practice development by trainees in appraisal development and reporting.

Hours : 4
ISBN : 978-1-59844-244-1
Retail Price : $20

This course enables students to explore the basic functions of one of the most essential tools for real estate and appraisal professionals – the HP 12C calculator from HP, Inc. Regarded as the state of the art in the industry, the HP 12C is easy to use with minimal training. In this course, students learn about the different functions available, including the essential time value of money calculations as well as cash flow calculations. Students think through numerous examples and situations that relate to actual calculations they may need to perform in the course of their career.

ISBN : 978-1-59844-128-4
Retail Price : $20

 

Exam Prep

For more information, call 1-866-84-LEARN to talk to a sales representative!

Don’t buy multiple products! Build your confidence and knowledge with this all-in-one Real Estate Appraisal exam prep system. CompuCram is your study guide that makes sure you’re ready to pass the Appraisal exam the first time!

CompuCram Features & Benefits

  • Study Real Estate Appraisal vocabulary – interactive flashcards, matching, and fill-in-the-blank
  • Dynamic practice exams – never see the same exam twice!
  • Comprehensive Real Estate Appraisal practice tests
  • Our exclusive pre-assessment identifies the exam topics you need to focus on
  • Mobile, tablet and desktop friendly- never lose your place
  • A Readiness Indicator that tracks your progress, so you know when you’re ready to take the exam
  • Real Estate Appraisal exam questions written by industry experts
  • 100% Money back guarantee
  • 180 day access

CompuCram is available for RE, Mortgage, Appraisal, Home Inspection and Insurance.  If you’d like to purchase CompuCram for your personal use, please visit www.compucram.com!

The Appraisal Review Crammer™ is specifically designed to help you prepare for the National Uniform Licensed and Certified Residential Appraiser Examination and offers various ways to check and reinforce your knowledge in terminology, concepts, and applications while refreshing your test-taking skills. Several activities, quizzes, practice test questions, and varied exercises will refine your skills, so you’re prepared to take these exams with reduced anxiety and increased confidence.