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Real Estate Finance, Statistics, and Valuation Modeling

    Date: March 28 - 29, 2019, Only a Handful of Seats Still Available   Location: Lafayette, CA
Category  General/Residential [G/R]  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 475.00 AI Price *  
$ 575.00 Full Price *  
* includes late fee
Late Fee  $ 30.00 AI Price
$ 20.00 Full Price  
Dawn M. Molitor-Gennrich, SRA, AI-RRS  
Name  Lafayette Library and Learning Center  
Address  Arts & Science Room  
   3491 Mt. Diablo Boulevard  
City  Lafayette  
State  CA  
Zip  94549  
Click Here to check state approvals
  Sponsor / Contact  
Chapter  Northern California
Contact Name  Lisa M. Estes  
Phone  (925) 932-7753  
Fax  (925) 932-7754  

This two-day course provides an introduction to statistics, real estate finance, and modeling with applications to residential and commercial real estate appraisal. On the first day, you will develop an understanding of basic statistics and statistical analysis and learn how those skills can be used in valuation and evaluation practice.

On day two, you will gain an introductory understanding of real estate finance markets, learn about credit conditions and their impact on values and appraisal, and calculate and interpret fundamental numbers on loan payments and balances.

Successful completion of the course and exam should satisfy most states’ education requirements in the content area identified as real estate finance, statistics, and valuation modeling. Participants should understand that this course will be a review and will not address more advanced topics.

This course revision includes an update on financial history and the future implications of the burst housing bubble. A discussion on how mortgages impact value also was added, as well as measuring volatility and standard deviations.

Note: Real Estate Finance, Statistics, and Valuation Modeling was designed according to the broad topical guidelines of the Appraiser Qualifications Board as part of qualifying (i.e., prelicensing) education for both residential and general certified appraisers.

National Registry of CPE Sponsors

The Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: Delivery Method: Group-Live

Table of Contents and Overview (PDF)
Schedule (PDF)
• Beginning appraisers

• Real estate professionals

• Users of appraisal services

• Accountants
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12C. Do not come to class expecting to be taught how to use a financial calculator.
• Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar, Using Your HP-12C Financial Calculator
Basic Appraisal Principles and
Basic Appraisal Procedures or equivalent courses

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

  For Further Reading  
  The Appraisal of Real Estate, 14th ed.  
  A Guide to Appraisal Valuation Modeling  
  An Introduction to Statistics for Appraisers  
  Practical Applications in Appraisal Valuation Modeling  
Cancellation Policy
  • Up To 14 days prior to program start date, $50.00 cancellation fee.
  • 7 - 13 days prior to program start date, $75.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
Add "" to Your Email Acceptance List
Important reminders, changes, attendance verification, etc. will/may be sent to you from the following email - so be sure you are able to accept emails from this address.

Cancellation Policy
Written cancellations can be emailed to We reserve the right to substitute instructors, change facilities, to cancel or modify this program if sufficient registrations are not received by February 15 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility.

Special Accommodations
Special accommodations are available for individuals who have been professionally diagnosed as physically or learning disabled and can provide appropriate documentation in writing prior to the offering. Without advanced notification, accommodation may not be available.

Neither the Appraisal Institute nor the facility in which this event is being held is liable for lost or damaged items. This includes but is not limited to calculators, laptops, cell phones, etc. By registering for this event, you agree that your communications may be monitored or recorded at any time and that your contact information may be placed in a roster designed for networking purposes.

Program materials can be downloaded by the student.
  Additional Information  

Course Location
Lafayette Library & Learning Center
Arts & Science Discovery Room
3491 Mt. Diablo Boulevard (at First Street)
Lafayette, CA

>>>>> Park onsite. The limited parking signs in the LLLC garage DO NOT APPLY to this offering; so take advantage of the onsite complimentary parking in the library garage or designated outside spaces. Enter garage off of Golden Gate Way.<<<<

Course Materials and Hours
Onsite check-in will begin at 8:00a.m. on Thursday, March 28. The course will run from 8:30a.m. – 5:00p.m. on March 28. On Friday, March 29, instruction will run from 8:30a.m. – 4:00p.m. followed by the 1-hour multiple choice course exam. Participants registered two weeks prior to the offering will be sent their course materials in advance (unless the “download only” option was selected at the time of registration or registered late.) Upon registration, all students will have immediate access to the downloadable materials through the Appraisal Institute's Knowledge Center.

SAVE $15 - Select the "download only" material option. NOTE: Those selecting the "download only" version of materials are strongly encouraged to either print or save them to your laptop hard drive in advance of the offering as Internet access cannot be guaranteed. Hard-copy materials will not be provided to those who select the "download only" option.

Required Equipment
An HP-12C calculator and the user’s manual are required. Students must be familiar with the calculator operations when the course begins. In-class and homework problems and solutions will utilize this calculator exclusively. Take our free reviews – Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems and Financial Calculator Practice Exercises (see link below). Students who opt to bring laptops are responsible for bringing their own power strips/extension cords. Onsite Internet service cannot be guaranteed. Students need to bring a No. 2 pencil on the final day for the examination.

Optional (The following texts are not included with tuition fee)
While these texts are not required for this offering - they are great additions to every appraisal library!

The Appraisal of Real Estate, 14th ed
AI - $103
Standard / Non-AI - $135.50
Add $7.25 for advanced shipment of text

The Dictionary of Real Estate Appraisal, 6th ed (2015)
AI - $103
Standard / Non-AI - $135.50
Add $7.35 for advanced shipment of text

A Guide to Appraisal Valuation Modeling
AI - $27.25
Standard / Non-AI - $38.00
Add $2.50 for advanced shipment of text

Practical Applications in Appraisal Valuation Modeling
AI - $43.75
Standard / Non-AI - $54.75
Add $5 for advanced shipment of text

Text prices include CA sales tax. All texts are sent via U.S. Mail or UPS. To order texts, please contact the Chapter Office at 925/932-7753 or by March 15. Save on Shipping! Shipping fees do not apply to texts pre-reserved for pick-up at onsite registration.

Education Credit Hours
Full (100%) attendance is required for education credit; partial credit not available. Those taking this course to meet designation / QE requirements must have full attendance and successfully complete the course exam.

Appraisal Institute: Full attendance (100%) and successful completion of the course exam enables Appraisal Institute Designated Members and Practicing Affiliates to earn 140 points (general) or 225 points (residential); 70 points (general) or 175 points (residential) with full (100%) attendance only (no exam). Candidates seeking credit toward designation must have full (100%) attendance and successfully complete the course exam. Partial credit is not available.

BREA Basic/Qualifying: Real Estate Finance Statistics and Valuation Modeling is approved for 15 hours of BREA basic/qualifying education credit (#11754219) toward initial licensing/certification with full (100%) attendance and successful completion of the course exam.

BREA Continuing: Real Estate Finance Statistics and Valuation Modeling is approved for 14 hours (#11754219) of BREA CEC for licensed/certified appraisers seeking renewal credit. Full (100%) attendance is required. Successful completion of the course exam is not required for BREA CEC.

The following hotels are within 1-5 miles of the Lafayette Library and Learning Center:

Diablo Mountain Inn - 925/937-5050
2079 Mt. Diablo Boulevard, Walnut Creek

Lafayette Park Hotel – 877/283-8787
3287 Mt. Diablo Boulevard, Lafayette

Embassy Suites at Pleasant Hill BART – 925/934-2500
1345 Treat Boulevard, Walnut Creek

Guest rooms have not been blocked at any of the hotels above. For additional lodging options in the Lafayette/Walnut Creek area visit

Directions, BART & Parking
- For best results when using your navigation system, enter the complete/exact street address - 3491 Mt. Diablo Boulevard, Lafayette.
- Ample complimentary onsite parking is available underground in the library's parking garage (enter garage off of Golden Gate Way).

>>>> The limited parking signs in the LLLC garage DO NOT APPLY to this offering; so take advantage of the onsite complimentary parking.<<<<

- Take Public Transportation! The Lafayette Library & Learning Center is conveniently located in downtown Lafayette and is within walking distance of the Lafayette BART station.

Verification of Attendance
Verification of attendance will be sent directly to you via email from our National Office in Chicago. Attendees should allow 15 working days for receipt of these results. Watch for an email from "". The Chapter Office does not receive copies of your results. Those in need of Express Verification should complete an Express Grading Request Form with appropriate payment to the National Office prior to the conclusion of this offering. Download the form from the AI's National Education page -

Dress in Layers
Meeting room temperatures are often difficult to control. Therefore, for your comfort, we recommend that you dress in layers.

  View Complete Registration Brochure  

  Directions to the Lafayette Library & Learning Center  

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