• Take your course online via the Internet or on a CD-ROM from your home or office IBM compatible computer
• A fully individualized course of instruction allows you to work at your own pace, according to your schedule, with a six-month deadline
• Make one easy payment, which includes the cost of books and materials
• Completion of this 90-hour program satisfies the new 2008 Real Property Appraiser Qualification Criteria as mandated by The Appraisal Foundation

The material in this course satisfies the mandatory 15 hours of Uniform Standards of Professional Appraisal Practices (USPAP) qualifying education as mandated by The Appraisal Foundation’s new 2008 Real Property Appraiser Qualification Criteria.

This course covers the history, purpose and structure, how some terms are defined and used, and the rules of USPAP. It also covers the relevant statements and advisory opinions. The required reference material will be provided online in electronic format (PDF) including USPAP 2006 Edition and the USPAP 15-Hour Course Student Manual. Proctored Exam Required.

Important Note: Students are required to complete the 75-Hour Appraiser Qualifying Education Course to meet the 90-hour qualifying education requirements. It is strongly recommended that students take the 75-Hour Appraiser Qualifying Education Course before taking the 15-Hour USPAP course (see course below).

The material in this course satisfies 75 hours of the new 2008 Real Property Appraiser Qualification Criteria as mandated by The Appraisal Foundation.

The course focuses on the basic principles and procedures of appraisal, as well as residential report writing and case studies. Using an effective blend of appraisal theory and practice, the curriculum covers real estate concepts, finance and the valuation process. Neighborhood analysis is explained, and the concept of highest and best use is addressed. Data collection, site description and improvement description is also covered. The three approaches to value- sales, comparison, cost and income- are described, along with the process of reconciliation. Students will learn to identify the two types of appraisals and the three types of appraisal reports. The course instructs students in detail how to fill out the Uniform Residential Appraisal Report (URAR). Students will be taken through each section of the URAR where they identify and complete the required fields. This course provides the student with the guidelines and direction to create URAR reports which are in compliance with USPAP. Included with this portion of the course is Fundamentals of Real Estate Appraisal, the most comprehensive reference book in the real estate appraisal profession ($55 value). Proctored Exam Required.

Important Note: Students are also required to complete the 15-Hour National USPAP Course Equivalent (2006) to meet the 90-hour qualifying education requirements (see course above).