Courses > Alabama Appraiser Continuing Education
Alabama Appraiser Packages
This package includes four courses:
This package includes two courses:
This package includes two courses:
Alabama Appraiser Individual Courses
This course focuses on the changes to the Uniform Standards of Professional Appraisal Practice (USPAP) for 2014-2015 as set forth by the Appraisal Standards Board of The Appraisal Foundation. Also included are appraisal issues that affect daily appraisal practice, and common USPAP violations. This course is a required update for all appraisers and must be taken every two years. USPAP Manual provided in eBook (PDF) format.
The 2014-2015 7-Hour National USPAP Update Course will expire on December 31, 2015. The Appraisal Foundation will release a new version of USPAP (2016-2017) on January 1, 2015. In order to receive credit for the 2014-2015 version, you must complete the course within your enrollment period and no later than December 31, 2015.
Today's world requires appraisers to be keenly aware of the expectations of their clients and the compliance obligations required by appraisal regulatory bodies. Recent events of financial turmoil have caused appraisal regulatory agencies and those who use appraisal services to expand or amplify their quality standards. Take an all-encompassing look at best practices for appraisers to recognize and meet those expectations. Learn possible liabilities for appraisers including the appraisal review process and common areas of deficiencies and inadequacies in the appraisal process. Review both acceptable and unacceptable practices related to USPAP compliance, including identifying the problem through the reporting process.
Learn the requirements to become an FHA Roster Appraiser and a VA Fee Panel Appraiser. The FHA lending program has undergone recent changes that significantly affect FHA appraisal procedures, including acknowledging the growing trend in green building. Understand the most current FHA appraisal requirements, including inspection and reporting. Learn the present practices in performing valuation services that are in compliance with VA protocol. Real property appraising is ever changing and requires the appraiser to be proactive and aware of the changing requirements. This course also provides resources to help you stay abreast of continuing updates to the FHA program.
Gain a comprehensive knowledge of the development and application of the sales comparison approach in residential appraisals. Learn how the fundamental principles of valuation and appraisal standards apply when the sales comparison approach is used. Understand the developmental steps in the appraisal process through reconciliation. Familiarize yourself with accepted methodology and techniques used in the sales comparison approach. Review relevant case studies and discussions related to the use of the sales comparison approach in special situations.
Define appraisal review and applicable USPAP rules along with common errors and shortcomings found by appraisal reviewers. Examine USPAP Standards 1 - 3, with a focus on Standard 3, and applicable guidance offered by the Appraisal Standards Board. Review common mortgage industry appraisal forms and appraisal review forms that may be used in a review assignment. Learn best practices for a reviewer when developing opinions and conclusions regarding the quality of another appraiser's work.
Effective January 1, 2015 all Certified Appraisers managing new appraiser trainees must complete a national appraising supervisory course. This is the required course for supervisory appraisers as set forth by the Appraiser Qualifications Board (AQB). Learn about the national and state appraisal regulatory bodies and minimum AQB criteria for supervisory and trainee appraisers. Gain an understanding of the ethics and record keeping rules of the Uniform Standards of Professional Appraisal Practice (USPAP), the competency and scope of work rules, and general responsibilities of the supervisory and trainee appraiser.