Basics of Real Estate Appraisals

Topics Covered in This Course:

In Section 1 of this course you will cover these topics: Real estate appraisal and you. Legal considerations in appraisal. The formal appraisal process. Focus on neighborhood, community, and market. In Section 2 of this course you will cover these topics: Real estate economics and value. Property inspection and analysis: the site. Property inspection and analysis: the improvements. In Section 3 of this exam you will be evaluated on below listed topics: The sales comparison approach. Analyzing and adjusting comparable sales. In Section 4 of this course you will cover these topics: Valuing the site. Introducing the cost approach. In Section 5 of this course you will cover these topics: Estimating loss in value: accrued depreciation. The income approach. Income capitalization: rates and techniques. Reconciling the value estimates. Reporting appraisal opinions. Appraising special ownerships and interests. The professional appraiser.