An Introduction to Appraising and Inspecting Homes
• Roles and Activities of Real Estate Professionals
• Determinants of Property Value
• Basic Valuation Concepts
• Ethics and Liability for Real Estate Professionals
• The Business Side of Real Estate
• Diary of a Typical Home Sale
The Basics of Real Estate Appraisals
• Real Estate Appraisal and You
• Legal Considerations in Appraisal
• The Formal Appraisal Process
• Focus on Neighborhood, Community, and Market
• Real Estate Economics and Value
• Property Inspection and Analysis: the Site
• Property Inspection and Analysis: the Improvements
More on the Basics of Real Estate Appraisals
• The Sales Comparison Approach
• Analyzing and Adjusting Comparable Sales
• Valuing the Site
• Introducing the Cost Approach
• Estimating Loss in Value: Accrued Depreciation
• The Income Approach
Advanced Topics Regarding Basic Real Estate Appraisals
• Income Capitalization: Rates and Techniques
• Reconciling the Value Estimates
• Reporting Appraisal Opinions
• Appraising Special Ownership and Interests
• The Professional Appraiser
Real Estate Principles and Practices
• Nature and Description of Real Estate
• Rights and Interest in Land
• Forms of Ownership
• Transferring Title
• Contract Law
• Real Estate Sales Contracts
• Deed of Trust
• Lending Practices
• The Loan and the Consumer
• Sources and Types of Financing
More on Real Estate Principles and Practices
• Taxes and Assessments
• Title Closing and Escrow
• Real Estate Leases
• Real Estate Appraisal
• Licensing Laws and Professional Affiliation
• The Principal-Broker Relationship
• Fair Housing Laws
• Property Insurance
• Land-Use Control
• Real Estate and the Economy
• Investing in Real Estate
This educational program is an introductory course designed to help students gain knowledge necessary for the vocational application of this subject. Completion of this program does not fulfill the legal requirements of particular state licenses or certifications, which may require additional training or apprenticeships.
We take great pride in providing you with the most up-to-date textbooks and equipment. One or more of the above-mentioned subjects may, therefore, change if updating becomes necessary during the course of your studies. The order in which the course material is presented may vary.
*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2021 Edition
