|
Appraisal Schools by M. Curtis West. Inc. |
|
|
Valuation Principles and Procedures (R-2) 30 hrs. - Plus Exam This course focuses on the procedures (methodology) used to develop an estimate of property value and how the various principles of value relate to the application of such procedures. Emphasis is in appraisal of residential 1-4 unit properties and small farms: all the concepts and procedures covered are applicable to the appraisal of all types of properties. The course begins with a review of the appraisal process and proceeds into thorough coverage of the sales comparison approach, followed by site valuation methods used to appraise 1-4 unit properties. The cost approach is then covered in depth. The basic concepts and methodology associated with the income approach are covered, with emphasis on direct capitalization using an overall rate and the gross rent multiplier technique. Finally, the student is introduced to the process of reconciling property value estimates obtained through application of the approaches to value. Prerequisites: Successful completion of the R-1 course is a requirement for enrollment in the R-2 course. Course Schedule: Thursday 9:00 AM to 6:00 PM Friday 9:00 AM to 6:00 PM Saturday 9:00 AM to 6:00 PM Sunday 9:00 AM to 3:00 PM Exam Starts at 3:00 PM
Payments made with a credit card can only be accepted online through PayPal. * The following textbook will be used for this course: Basic Appraisal Principles - from Hondros Learning. You can use the following link to purchase the textbook for this course online. Basis Appraisal Procedures. We will have copies of this book available for purchase at the start of class. * A financial calculator is optional for this course. There will be some instruction for problem solving with the HP-12C, but instruction in how to use a financial calculator is not a focus of this course.
|
|
|