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Basics of Real Estate Appraisals

 

All necessary reference material required to prepare for this course such as recommended reference books and other study material will be available in your student's area. To complete the program you will be required to pass an online exam for all following topics covered in this course.

          Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Real estate appraisal and you.
    Legal considerations in appraisal.
    The formal appraisal process.
    Focus on neighborhood, community, and market.
  In Section 2 of this course you will cover these topics:
    Real estate economics and value.
    Property inspection and analysis: the site.
    Property inspection and analysis: the improvements.
  In Section 3 of this exam you will be evaluated on below listed topics:
    The sales comparison approach.
    Analyzing and adjusting comparable sales.
  In Section 4 of this course you will cover these topics:
    Valuing the site.
    Introducing the cost approach.
  In Section 5 of this course you will cover these topics:
    Estimating loss in value: accrued depreciation.
    The income approach.
    Income capitalization: rates and techniques.
    Reconciling the value estimates.
    Reporting appraisal opinions.
    Appraising special ownerships and interests.
    The professional appraiser.



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