Career WebSchool

Provides an introductory understanding of fundamental concepts of appraising.

• Guides you through the different data that needs to be collected and reviewed during the appraisal process.
• Explains how to use sales comparison grids and how to search for public comparable sales data in a computerized database.
• Describes the income approach process and lists each of the steps in the process.
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 30 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

Provides step-by-step, in-depth instructions for preparing the Uniform Residential Appraisal Report (URAR) within the guidelines set by the Federal Housing Authority (FHA) and in compliance with USPAP.

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).
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 15 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

Demonstrates practical writing exercises necessary to produce convincing appraisal reports in daily practice.

• Objectives are achieved through the mastery and application of residential valuation procedures, grammar rules and writing techniques, and specific writing assignments based on a residential case study.
• Practice writing effective narrative comments for form appraisal reports and learn how to explain valuation procedures and conclusions to users of reports.
• Techniques applied in this course are useful in real-life situations.
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 15 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.