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Appraisal Schools by M. Curtis West. Inc. |
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Applied Residential Property Valuation (R-3) 15 hrs. - Plus Exam This course covers laws, rules and standards which must be followed by appraisers and focuses on the application of principles and practices to the appraisal of residential 1-4 unit properties and small farms. The student is first acquainted with federal laws/regulations applicable to appraisers and the provisions of the North Carolina Real Estate Appraisers Act and related Commission Rules. Next comes coverage of the Uniform Standards of Professional Appraisal Practice (which are part of the Commissions Rules), followed by coverage of appraisal reports, with emphasis on standard report forms. The student then participates in a comprehensive case study of an appraisal of a single-family house using the URAR form. Instruction is then provided on various special considerations in appraising other types of residential 1-4 unit properties and in appraising farms. Finally, the student is introduced to appraising special (partial) property interest and to condemnation appraisal. Prerequisites: Successful completion of the R-2 course is a requirement for enrollment in the R-3 course. Course Schedule: Thursday 9:00 AM to 6:00 PM Friday 9:00 AM to 5:00 PM Exam Starts at 5:00 PM
Payments made with a credit card can only be accepted online through PayPal. * While a text book is not required for this course, Residential Report Writing - available from Hondros Learning - is a useful reference. You can use the following link to order this optional book online: Residential Report Writing * 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.
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