Appraiser Trainees are required to complete fourteen (14) hours of continuing education to renew their permit every year. All Licensed / Certified Appraisers need to complete twenty-eight (28) hours of continuing education to renew their license every two years. Current licenses expire on December 31, 2011. 

As part of your continuing education requirements all appraisers must successfully complete the seven-hour (7) National USPAP Update Course once every two-years (2). All 7 hours will count toward the required 28 hours of continuing education.

This course provides you with an understanding of the historical and present need for FHA and VA programs.  It focuses on current FHA appraisal requirements effective January 1, 2006 including inspection and reporting requirements.  You will also learn how to get placed on FHA rosters and the essential information needed to complete the FHA appraisal application.

	After Completing the course, you will be able to:
	Describe the purpose and programs of the FHA Identify the FHA loan types, their requirements, and benefits Recall the requirements of the FHA appraiser Apply appraisal reporting requirements using recent FHA valuation protocol Practice reporting data for a one-unit dwelling and other property types Describe VA loan requirements and approaches to value

Residential Cost Approach - 7 Hour On-Line Course - $109

The purpose of this course is to expose you to the procedures and analysis involved in developing the Cost Approach in a residential appraisal assignment. Specifically, this course will provide a complete review of the Cost Approach to value, first defining concepts and key terms, and then going into exact procedures involved. Site valuation, a key component of the Cost Approach, will be explained in detail, as well as use of various methods available to calculate “cost new” of the improvements. Through a variety of examples and activities you will be able to apply your knowledge of the Cost Approach. Finally, we will discuss the reconciliation of the Cost Approach estimate of value with the other approaches.

	After Completing this course you will be able to:
	Discuss the advantages and the disadvantages of the Cost Approach Perform the steps in the appraisal process Discriminate between market value, cost, and price Demonstrate calculation of “cost new” for improvements Apply principles of depreciation from all sources Demonstrate understanding of the methods of site valuation Perform the steps for reconciling the final value estimate

Sales Comparison Approach – 7 Hour Online Course: $109

The sales Comparison Approach is one of the most widely used approaches to determine value for residential, commercial, industrial, agricultural, and other properties.  due to its widespread use, a complete understanding of its procedures should be a requirement for every appraiser. 

The Sales Comparison Approach is relevant for most appraisal assignments because it is a direct reflection of the market and its dynamics. With proper analysis, this approach can provide a firm foundation for an opinion of value.

The purpose of this course is to prepare you for the procedures and analysis involved in performing the sales Comparison Approach in an appraisal assignment. Specifically, this course  provides a complete review, first defining the concept and key terms and then going into the exam procedure. Comparable sales will be discussed as well as the rules of making adjustments to comps and determining adjustment values. Through a variety of sample sales comparison activities, you will be able to apply you knowledge.  Finally, we will discuss the differences between sales comparison appraisal and market analysis. 

One of the fastest growing white-collar crimes in the U.S. is mortgage fraud.  each year, millions of dollars are lost to this crime.  And, while it may seem like mortgage fraud affects only those directly involved in the scams, this is not the case.  Consumers pay the ultimate price with higher interest rates and fees for mortgage loans. 

Industry insiders like appraisers, real estate agents, mortgage lenders, and title professionals are specifically vulnerable to mortgage fraud.  They may be involved in scams knowingly or unknowingly. It is their responsibility to themselves, the company for which they work, and their customers, to know what mortgage fraud is, recognize and prevent involvement, and protect their customers from being victims to it.

This continuing education course was designed with the professional in mind.  In your field you have probably witnessed cases of mortgage fraud.  With the information you learn here, you will have the knowledge to help prevent this epidemic from growing further.