Courses > Georgia Appraiser Continuing Ed.
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.
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.
The financial and housing crisis of 2008 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 will explore those questions as well as delve 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.
Gain an understanding of the scope of work and the complexities involved in appraising mixed-use, unusual, income-producing and one-of-a kind properties. Examine various challenging assignment case studies.
Explore valuable appraisal reporting practices beginning with a review of select Uniform Standards of Professional Appraisal Practice (USPAP) reporting obligations, through completion of the Uniform Residential Appraisal Report (URAR) form as well as compliance requirements for the Uniform Appraisal Dataset (UAD). Review key reporting areas necessary for completing a Broker Price Opinion (BPO) and other appraisal and evaluation forms. Learn the art of effective communication through concise narrative commentary for various appraisal situations.
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.
Covers math calculations involved in property measurement, commissions, return on investments, capitalization, loans, property cost and price. The course presents easy-to-remember formulas and numerous practice problems.
Covers the basics of a tax-free exchange of residential investment property. Topics covered include requirements of a tax free exchange, types of exchanges and the methods for transferring title when an exchange takes place.
Get the answers to questions about finance without having to ask a loan officer!
All the various forms of residential real estate financing, including conventional, FHA, VA Loans, loan assumptions, purchase money mortgages, alternative financing are explained in this course. Lessons are also included on legislation relating to financing.
Presents methods and principles for pricing property. Covers pricing compared to appraisal, basic concepts of pricing property, principles of value, approaches to pricing property and application of the market data and replacement cost methods.
The course will instruct students in detail how to fill out the new Uniform Residential Appraisal Report (URAR). This course provides the student with the guidelines and direction to create URAR reports which are in compliance with USPAP.
Provides an introductory understanding of fundamental concepts of appraising. Focuses on the valuation of vacant land parcels and the development of the cost approach. Develops your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources. Covers the origin of the appraisal assignment to a final value estimate using various cost approach applications.
Covers the relationship between market analysis and highest and best use. Learn how to find the information you need to make a highest and best use decision and how to interpret the information you find. Provides information on how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization).
This course demonstrates practical writing exercises necessary to produce convincing appraisal reports in daily practice. Participants will practice writing effective narrative comments for form appraisal reports and learn how to explain valuation procedures and conclusions to users of reports. The techniques applied in this course are useful in real-life situations.