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.
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