Appraisal (APP)

Courses

APP 7144. The Uniform Standards of Professional Appraisal Practice (USPAP). 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

This National Uniform Standards of Professional Appraisal Practice (USPAP) course fulfills the 15-hour requirement as established by the Appraiser Qualification Board (AQB) and The Appraisal Foundation. Those seeking to become a Registered Trainee must complete APP 7201 and APP 7202 prior to taking this course.

Corequisites: Take APP 7203 minimum grade S

APP 7145. National USPAP Update (7 Hour). 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

This course focuses on the changes to the 2005 edition of the Uniform Standards of Professional Appraisal Practice (USPAP). It also addresses sections of USPAP that have not been changed but have been identified as problem areas. This course is intended to fulfill the seven-hour requirement as established by the Appraisal Qualifications Board (AQB) of The Appraisal Foundation.

APP 7201. Basic Appraisal Principles. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

Explore the appraisal process through discussion of appraisal principles and practical examples. This course meets the pre-qualifying criteria, as established by the North Carolina Appraisal Board. This is the first course in the appraisal pre-licensing series and must be taken first.

APP 7202. Basic Appraisal Procedures. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

Enhance your basic appraisal knowledge with the various approaches to property valuation through the practical application of appraisal procedures. This course meets the pre-qualifying criteria, as established by the North Carolina Appraisal Board. Those seeking to become a Registered Trainee must complete APP 7201 prior to taking this course.

Corequisites: Take APP 7201 minimum grade S

APP 7203. Market Analysis and Highest and Best Use. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

Students will gain the tools needed to properly collect and analyze market data and determine a property's highest and best use. This course meets the pre-qualifying criteria, as established by the North Carolina Appraisal Board. Those seeking to become a Registered Trainee must complete APP 7201 and APP 7202 prior to taking this course.

Corequisites: Take APP 7202 minimum grade S

APP 7205. Residential Sales Comparison and Income Approach. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

This course offers a basic understanding and knowledge of the residential sales comparison and income approaches to appraisal. It includes the valuation principles and procedures applicable to both approaches. With the aid of case studies, students will develop and apply the techniques for market analysis, including the application and use of matched pairs and capitalization rates and gross rental multipliers. There is a discussion on cash and finance equivalency. Students will learn how to apply and defend the rationale behind market adjustments. The course includes a discussion of current Fannie Mae and Freddie Mac Guidelines and relevant USPAP requirements, and introduces students to the methods of appraising income properties. A combination of theory and hands-on examples provides practical applications of real estate appraisal procedures. A calculator is recommended.

APP 7206. Supervisory Appraiser / Trainee Appraiser. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

This four-hour course will address the national minimum requirements, responsibilities, and expectations for Trainee Appraisers and Supervisory Appraisers as set by the Appraiser Qualifications Board.

APP 7301. Commercial Appraisal Review Process. 0.0 Hours. Class-440.0. Clinical-0.0. Lab-0.0. Work-0.0

This course is designed for lenders and loan orginators who must review appraisals of commercial properties.