Appraiser Trainees are required to complete fourteen (14) hours of continuing education to renew their permit every year. Licensed and 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, 2013.

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.

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 that 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 especially vulnerable to mortgage fraud. They may be involved in mortgage scams both knowingly and 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¡¦ve 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.

This course provides you with an understanding of the historical and present need for FHA and VA programs. It focuses on FHA appraisal requirements. You will also learn the essential information you'll need to complete the FHA appraiser application as well as how to get placed on the FHA roster.

COURSE #2009-1010
Residential Cost Approach - 7 Hour On-Line Course - $109

Specifically, this course provides 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, is explained in detail, as well as use of various methods available to calculate cost new of the improvements. Finally, we discuss the reconciliation of the Cost Approach estimate of value with the other approaches.

COURSE #2009-1011
Sales Comparison Approach – 7 Hour Online Course: $109

This course provides a complete review of the Sales Comparison Approach; first, defining the concept and key terms and then going into the exam procedure. Comparable sales are discussed as well as the rules for making adjustments to comps and determining adjustment values. Finally, we discuss the differences between sales comparison appraisal and competitive market analysis.

The core to of this course focuses on the 2010-2011 Uniform Standards of Professional Appraisal Practice updates as set forth by the Appraisal Standards Board of The Appraisal Foundation. Also included are issues that appraisers face in their daily appraisal assignments, as well as common USPAP violations.

With the recent real estate crisis, foreclosures and short sales have become hot topics in the real estate industry. Many real estate professionals are bound to encounter properties going through a foreclosure or short sale.

Foreclosures & Short Sales: dilemmas and solutions provides students with the necessary background information to understand why foreclosures and shore sales have become more prevalent in most markets. This course describes how predatory lending and fraud schemes lead to a more volatile market.

This course walks the student through the preparation of the Fannie Mae Reporting Form 1025/Freddie Mac Reporting Form 72, small Residential Income Property Appraisal Report. It introduces students the guidelines for each
and how to compile the required data and correctly complete the analysis. In addition, the Fannie Mae Form 216/Freddie Mac Form 998. Operating Income Statement Form, is covered as this is a required exhibit that accompanies
the 1025/72 report.

This course walks the student through the preparation of the Fannie Mae Reporting Form 1025/Freddie Mac Reporting Form 72, small Residential Income Property Appraisal Report. It introduces students the guidelines for each and how to compile the required data and correctly complete the analysis.

In addition, the Fannie Mae Form 216/Freddie Mac Form 998.? Operating Income Statement Form, is covered as this is a required exhibit that accompanies the 1025/72 report.