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| | Residential appraising using
the URAR Form
August 7-8, 2006 (Mon.-Tues.)
South San Francisco Conference Center
255 South Airport Boulevard
South San Francisco, CA 94080
Early bird price of $265 ($30 off
the regular $295 price) through 7/1/06!!!
A seminar for new appraisers
Directions
to the Conference Center - BART, Caltrain, and automobile
Hotel, BART,
and Travel Info
A seminar for trainees and recently licensed
appraisers
This seminar goes though the URAR form, line by line, as a framework for
showing you how to handle issues and problems you encounter as an appraiser.
This seminar is designed specifically for California issues, such as "in
law" units, views, market changes, etc. Basic education courses are more
"generic" as they must cover material on the exam.
Experienced appraisers can also benefit from a
"refresher" and information on the new URAR. Of course, we can all
learn something new about appraising!
OREA approval number: 05804C122 - 14 hours of
continuing education. Reciprocal approval in AL, AR, AZ, CO, GA, HI, IA, ID,
IN, KS, KY, LA, MD, MO, MT, ND, NE, NY, OH, PA, TX, UT,
VA, WI, WY.
Both days must be completed. No partial
credit.
Click here to
register by postal mail or fax
Date and location
August 7-8, 2006 (Mon.-Tues.)
South San Francisco Conference Center - www.ssfconf.com
8:30 AM to 5 PM. Registration 8 to 8:30 AM
Continuing education: 14 hours of
Continuing Education
Approved in CA. Reciprocal approval in AL, AR, AZ, CO, GA, HI, IA, ID,
IN, KS, KY, LA, MD, MD, MO, MT, ND, NE, NY, OH, PA, TX, UT,
VA, WI, WY.
Fee:
Early bird price is $265 through 7/1/06, including
lunch and textbook. Regular price is $295
For more information call 800-839-0227 (8AM to
4PM, M-F) or email info@appraisaltoday.com
About the seminar
This seminar is designed specifically for California issues, such as
"in law" units, views, market changes, etc. Basic education courses
are more "generic" as they must cover material on the exam.
Trainee and recently licensed appraisers - why
you should attend
If you’re a new appraiser, with some experience, this class will really
help you. You’ve done appraisals. You learned a lot, but know there’s more
to know.
Your pre-licensure basic education classes
covered theory and some included practical material. But they are not designed
for practicing appraisers. Understanding how to apply appraisal theory and
techniques is tough, particularly when you’re a new appraiser. This seminar
teaches you what your basic education classes did not teach - how to apply
appraisal theories and techniques to everyday appraising. The seminar goes
through the URAR line by line, to show you what is important, and what is not.
Real world examples will illustrate issues with
"filling out" a URAR. What Fannie may says, and doesn’t say, will be
covered.
If you took your classes online, you did not have
the opportunity to network with other new appraisers. In this seminar, lunch is
provided for networking. Plus, there is always networking during the breaks,
before, and after the seminar.
Many appraisers work by themselves or
telecommute, with minimal contact with other appraisers. They don’t know how
other appraisers do their appraisals. In this seminar you will meet and hear
from many appraisers about what they really do.
This seminar focuses on what is important in your
local area, not on generalized theories and examples. You will learn how to
handle issues and problems you face in your day-to-day appraising.
Thinking about becoming an appraiser? - why you
should attend
If you’re thinking about becoming an appraiser, this seminar will help you
find out what appraisers really do. Don’t waste lots of money and time on a
career you may not like.
Looking for a mentor? - why you should attend
If you’ve never completed an appraisal, except maybe in your basic
education classes, you will learn the correct way to complete an appraisal on a
URAR form. You will have practical training from this class, to help you look
for a mentor.
Experienced appraisers - why you should attend
Although the focus is on new appraisers, experienced appraisers can
also benefit from this seminar. None of us knows everything. Appraisers are
always learning something new. The textbook for this class has many
thought-provoking comments and examples for experienced appraisers. All
appraisers have questions. You can share ideas with other attendees. The seminar
is also a "refresher" course to make you really think about what is in
the URAR, and also covers the changes in the new URAR.
About the instructor:
 |
Corina Rollins, the instructor, has many years of residential appraisal
experience and is a practicing appraiser. She teaches appraisal and real estate
classes at three junior colleges and several proprietary schools. She does
appraisals for banks, mortgage brokers, attorneys, private individuals, and many
other clients. |
About the textbook:
"Using Residential Appraisal Report Forms" , a 155-page book by
Mark Ratterman, MAI, SRA is an excellent, practical book. The book goes through
the URAR line by line with practical tips and lots of examples of how to use the
form in the real world. The book is included in the seminar fee.
Topics covered include:
- What do Fannie guidelines really say about the
URAR?
- How to handle accessory or "in law"
units.
- Is there increased liability with the new
forms?
- Appraising illegal uses and what Fannie really
says.
- Verification sources - what to use.
- Determining date of data - required in the new
URAR.
- How to extract and support adjustments in the
Sales Comparison grid and avoid guessing.
- What is a PUD?
- Scope of work - how has it changed with the
new forms?
- Researching previous sales.
- When to use the Income and Cost Approaches,
and why.
- Why Fannie wants the names of the borrower and
the owner.
- Why did Fannie change the forms?
- Appraising part of a site.
- Occupant vs. tenant occupied problems.
- Properties higher or lower than the typical
range of prices.
- Handling sales concessions.
- How to determine neighborhood boundaries.
- Neighborhood age and price ranges - how to
determine.
- Where to get specific zoning.
- Identifying private utilities.
- Non-conforming, "grandfathered,"
uses.
- Highest and best use issues - worthless
improvements.
- Identifying easements and encroachments.
- How to determine effective age.
- What is included in GLA?
- Basement issues - partially below grade,
walk-out, etc.
- Foundation issues - settling, type of
foundation
- Type of house design - what is used locally.
- Attics - what to include in GLA.
- Condition ratings - is there anything below
average?
- Comparables not close to the subject - how to
explain.
- Old comparables - how to explain.
- Handling incomparable sales.
Seminar general information
Hotel, BART,
and Travel Info
Registration: 8 to 8:30 AM. The seminar starts at
8:30AM and ends at 4:30 PM, with a one hour lunch break.
Registration confirmation - sent by postal mail,
email, or telephone. Registration is permitted on the day of the seminar if
space is available.
Cancellations - Full refunds will be allowed up to 2 business
days prior to the seminar. Substitutions can be made at any time.
Prerequisites - No prerequisites or course examinations are
required.
Continuing education credit - 14 hours of OREA continuing education credit is
available (after approved). Only those who attend at least 90% of the
presentation will receive credit. An examination is not required. Both days
must be completed. No partial credit.
Completion certificates - Seminar completion certificates will be provided
after the seminar.
This seminar is continuing education, not basic
education, and does not count for license upgrade.
Course sponsor:
Real Estate Communication Resources (RECR)
2015 Clement Ave.
Alameda, CA 94501
Phone 510-865-8041
Fax: 510-523-1138
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