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Basic Appraisal Procedures

    Date: May 13 - 16, 2019   Location: Houston, TX
 
  Course  
Category  General/Residential [G/R]  
Level  I  
Attendance Hours  28.0  
Exam Hours  2.0  
Current Price  $ 450.00 AI Price  
$ 475.00 Full Price  
 
  Instructor  
Ted R. Whitmer, MAI, AI-GRS  
    
 
  Location  
Name  ParaLegal EDU  
Address  800 W. Sam Houston Pkwy South  
City  Houston  
State  TX  
Zip  77042  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Houston
Website  www.aihouston.com  
Contact Name  Lori Wilkins  
Email  lori@amchouston.com  
Phone  (713) 668-1757  
Fax  (713) 839-1453  
 
  Description  

Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process:

• Defining the problem
• Collecting and analyzing data
• Reaching a final opinion of value
• Communicating the appraisal

Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation.

The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.

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: www.nasba.org.

Delivery Method: Group-Live



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

• Real estate professionals

• Users of appraisal services

• College students

• Accountants
 
  Equipment  
• 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.
 
  Prerequisites  
Successful completion of Basic Appraisal Principles or equivalent course is required.

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  
  Basic Appraisal Procedures  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  Appraising Residential Properties, 4th ed.  
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
  Program Material Policy

Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
  • Cancel Offering, $25.00 material fee.


Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
 
  Additional Information  
The course site is located at:
Paralegal Edu
800 W. Sam Houston Pkwy South
Houston, Texas 77042
713-529-2778

Registration starts at 8:00 a.m. and class starts at 8:30 a.m.

Parking: Park on the surface parking lot.

Class: will be held in room #3.

Breaks: Coffee, water and snacks will be served throughout the day.


Hotels:
Candlewood Suites (closest to the course site)
4033 W Sam Houston Pkwy S,
Houston, TX 77042
(713) 780-7881

Towne Place Suites (NEW Hotel)
10610 Westpark Dr.
713-266-2210


La Quinta Inn & Suites Houston - Westchase
10850 Harwin Dr
Houston, TX 77072
281-495-7700

Ask for the
Texas Training and
Conference Centers
Rate Package when
you call to book
your reservation

Hilton Garden Inn
6855 W. Sam Houston Pkwy
713-270-6100

Shuttle
Available Ask for
the Texas Training
and Conference
Centers Rate
Package when you
call to book your
reservation.

Marriott Residence Inn
9965 Westheimer
713-974-5454

Marriott Courtyard
9975 Westheimer
800-321-2211

Shuttle
Available Ask for
the Texas Training
and Conference
Centers Rate
Package when you
call to book your
reservation.

Extended Stay America Houston - Westchase
3200 W Sam Houston Pkwy S
Houston, TX 77042


 

 
















 
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