Continuing Education Courses
LIVE Course Descriptions

-not all courses are offered every season-

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Appraisal Case Law III
Mel Black, J. D.

The third in a very popular series, this course presents actual case law related to appraisal methodology, USPAP, current appraisal issues, and appraisal regulatory matters.  The course seeks to pull data and decisions from cases for classroom discussion and pragmatic application into students’ daily appraisal practice.  Cases contain information on a variety of residential and commercial topics that may include:  AMCs, the HVCC, appraiser’s liability to third parties for errors, geographic competency, effects on value of conservation easements, appraisers as expert witnesses, valuation methods of a sweet potato farm, determining compensation when a public utility acquires a permanent utility easement, the court’s discussion of the income approach in valuing a hotel, and issues and decisions from multiple Appraisal Board hearings.  The no-pressure format of this course allows for contemplation, discussion, or learning by mere listening and the interesting methods of presentation have been well received by students state-wide.  Please note that this is a stand-alone course; students do not need to complete I and II to have a positive experience in III.

(7 hours appraisal; 4 hours real estate*) Appraisal Case Law III and II can be taken in any order and independently of each other.

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The URAR Revealed
Mel Black, J. D.

This class will provide detailed coverage of sections of Fannie Mae Form 1004, Uniform Residential Appraisal Report (URAR), as well as some coverage of other general purpose residential forms. The class will discuss why we use pre-printed forms and their appropriate use. Suggestions will be made for items to include in the addenda. Common application scenarios will be discussed. The course also covers compliance with Standard 2 of USPAP, limiting conditions, certifications and Fannie Mae guidelines.

(7 hours appraisal; 4 hours real estate elective*)

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Sales Comparison Analyses Based on Market Data
Bud Black, SRA

The seminar relates the current needs of residential appraiser to comprehend and utilize the application of the sales comparison analyses based on market data within the Uniform Standards of Professional Practice in their daily activities of appraising. Significant time will be spent for discussion and examples of actual analyses.  The latter portion of the seminar will allow participants to summarize and form conclusions.

(7 hours appraisal; 4 hour elective credit*)

 

USPAP Update Course
Mel Black, J. D. or Joyce Pusey, SRA or Bud Black, SRA

Required for all appraisers by June 30, 2011. USPAP 2010-2011 goes into effect on January 1, 2010. National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course of The Appraisal Foundation focuses on the recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. (7 hours appraisal, 4 hours real estate elective*)

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Reviewing Appraisals on the Fannie Mae Forms

Dennis McLoughlin

This course covers the review of the 1004, 1025, and 1073 forms using the appropriate Fannie Mae forms. The course was designed to provide a forensic view of an appraisal after the loan has gone bad. The course has been given to loan underwriters, reviewers and FBI agents.

More information coming soon.

(7 hours appraisal, 4 hours real estate*)

 

* There is an extra $20 charge for submitting dual credit to the NC Real Estate Commission.

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