Appraisal Subject Matter Electives

20-hr Appraisal Pre-License Course

This course looks at four specialized areas of appraisal practice:

  • Environmental issues
  • Appraising 2- to 4-family residential properties
  • Appraising manufactured homes
  • Narrative report writing

It is structured to conform to the 2008 Real Property Appraiser Qualification Criteria established by the Appraiser Qualifications Board of the Appraisal Foundation. This course is part of the Required Core Curriculum to become a Certified Residential or Certified General Appraiser.

More on becoming a real estate appraiser.

This course is approved to meet the 2008 Appraiser Qualification Criteria by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation, and the state of Georgia as course approval 54112.

Section 1 begins with a description of three environmental problems that an appraiser may encounter: radon, mold, and lead paint. It also investigates environmental issues such as indoor air pollutants, wetlands, brownfields and indoor air pollutants. Then environmental reporting is addressed.

The second and third parts cover how to appraise specialized property types. First, the process of appraising 2- to 4-unit residential properties is covered in detail. Then, manufactured homes are defined, illustrated and the appraisal process for them is detailed.

The final section addresses narrative report writing and wraps up the reporting processes for all property types.

There is a required two-hour proctored final examination.

After you click the orange button, you will need to check the boxes for the courses you would like and click the "Enroll" button.  On the next page, you will need to click the "Register" link from the right side as a new user to create an account and begin your course.

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Your purchase includes:

Appraisal Subject Matter Electives

Real Estate Appraiser License Course
 

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The Real Estate Language Printable Book Of Terms

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What Students Will Learn
Upon completion of the course, the participant will be able to:
  • Recognize the hazards posed by radon and how to test for radon
  • Summarize procedures for radon mitigation
  • Describe molds and recognize conditions that promote mold growth
  • Recognize the hazards posed by lead
  • Recognize the hazards posed by asbestos
  • Recognize the hazards posed by Underground Storage Tanks (UST’s)
  • Recognize and describe wetlands and their regulation
  • Be familiar with Superfund sites
  • Relate recent efforts to revitalize brownfields
  • Understand various kinds of indoor air pollutants
  • Report environmental conditions in the URAR
  • Understand environmental issues in the Fannie Mae and Freddie Mac guidelines and be familiar with FHA and VA requirements concerning environmental problems
  • Distinguish among various kinds of factory built homes
  • Relate the differences between modular and manufactured homes
  • List at least three characteristics of a manufactured home
  • Describe a HUD label and HUD data plate
  • Summarize titling procedures for manufactured housing
  • Recognize Fannie Mae, Freddie Mac, FHA and VA guidelines for manufactured housing
  • Recognize differences between the URAR and the 1004C appraisal form
  • Recognize procedures for a cost approach for a manufactured home using the Marshall & Swift  Residential Cost Handbook and Residential Estimator 7
  • Recognize procedures for a cost approach for a manufactured home using N.A.D.A. Guide book manual and software program
  • Recognize differences between the URAR and the 1025 appraisal form
  • Complete the three valuation approaches on a 1025 appraisal form
  • Understand the Multi-unit guidelines for Fannie Mae, Freddie Mac, FHA, and VA
  • Have a basic understanding of effective writing
  • Recognize sentence structure and parts of speech
  • Be able to employ methods and techniques of writing in a concise manner
  • Be familiar with STANDARD 2 and the elements of Self-Contained Appraisal Reports
  • Be familiar with the parts of a narrative appraisal report