The current edition of USPAP is mandatory for all USPAP Classes: If you would like to have the USPAP book shipped to you before class include an additional $ 20.00 per book for shipping and handling. Classes start promptly at the times indicated. Please allow enough time to arrive approximately 15 minutes early for registration.
"U.S.P.A.P.-National USPAP Course (15 hr)
15 Hr Basic and 15 Hr CE.
This course satisfies the basic education 15-Hour National USPAP course required for licensing. This course does not count as credit for the 7 hour USPAP update. This course is taught by an AQB Certified instructor. There will be an examination given with this course; a passing grade is required to receive your certificate. A current edition of USPAP is required for the class. The current USPAP book is included as well as the student manual. If you would like a copy(s) of the USPAP book sent to you before the class include $5.00 S&H fee per book with your order. "FNMAE Update:1004MC" 3 Hour CE $ 60.00 Pre-paid
OREA Approval # 09958C100 $ 75.00 at the door
This course covers significant changes in FNMAE which includes the 1004MC (Market Conditions) Form. This form requires research and analysis of the subjects market. This course will cover the data accusition and the analysis as well as scope of work issures and the placement of the information on the URAR. Don Machholz spreadsheet program for the 1004MC will be discussed as another tool for the filling out of the form. Note: FHA now requires the 1004MC along with many other requirements.
National 2012-2013 USPAP Update (7 Hour) 7 C.E. Hours $ 195.00 Pre-paid $ 205.00 At the Door
This mandatory class is designed to provide you with the updated information from the current edition of USPAP and the changes, which will be reviewed in detail. AQB requires every student attending to have a current edition of USPAP. The current edition of USPAP is included for the $ 195 fee as well as the student manual. Course is $ 125.00 Pre-Registered if you have your own current 2012-2013 USPAP book and bring it to class.
Understanding the Appraisal Process
3 Hours C.E. Credit $ 40.00 Pre-paid $ 50.00 At the Door
OREA Approval # 04958C103 Also approved for 3 Hours DRE CE Credit
This 3-hour course is intended to introduce the basic concepts surrounding the appraisal process and the current requirements and regulations that affect the appraiser in the performance of the appraisal. The course is intended for both those familiar with the appraisal process and those who are new in the Real Estate Profession. The FNMAE single family form will be reviewed as well as what's happening with FHA.
How to Analyze and Appraise Small Income Properties
5 C.E. Hours Credit $ 90.00 Pre-paid $ 100.00 At the Door
This 5-hour course is intended to give an overview of many important real estate rental property investment concepts and application of these concepts using the current " Small Residential Income Property Appraisal Report". Not intended to be an exhaustive study. Real life examples will be used to illustrate the important concepts and procedural issues surrounding this appraisal study. Intended for those who are new to income property and those familiar with this type of appraisal process and study.
The New FNMAE Forms
3 Hours C.E. Credit $ 65.00 pre registered $ 75.00 at the door
OREA Approval # 5958C105
This 3-hour course wil provide an overview of the most currently used FNMAE single family forms and discuss the content and the differences as compared to the current forms now in use. The forms to be discussed will be the URAR 1004, 2055, a brief discussion of the Completion/Update forms as well as an in depth discussion of the pre-printed limiting conditions and certification pages.
Federal & State Laws and Regulations
4 Hours C.E. credit $ 65.00 Pre-paid$ 75.00 At the Door
OREA Approval #00958C101
This class will give you both the Federal and California State Laws and Regulations regarding Appraisal as well as a discussion of today's legal enviroment and pertinent issues involving appraisers.This class was formally a manditory class for renewal and will be again starting in 2013. You must now check a box that you have read and understood the laws and regulations. Check with OREA if you are required to take a laws and regs class.
FHA Update Class
4 CE Hours Credit $ 75.00 pre registered
OREA Approval # 06958C106 $ 85.00 at the door
This four hour course will provide the practicing FHA appraiser with a working knowledge of the current FHA requirements which are constantly changing. There will also be a presentation in this class on becoming an FHA appraiser if you are not one now. Information will be given out to guide you through the FHA inspection process if you are not now an approved FHA appraiser. FHA has simplifying the qualification process and now has a simple on line registration with no test.The class will cover FHA use of the FNMAE Forms and the latest Mortgage Letters on this subject. FHA IS NOW REQUIRING THE 1004MC FORM PLUS MANY OTHER REQUIREMENTS.The main text used in this class is the Appendix D to the 4150.2 Handbook, as well as the SAHOC Manuel. The 4150.2 Handbook itself is included with the current Appendix D, as well as other Mortgagee Letters and information on HUD/FHA sites to further your understanding of the FHA process and requirements. The hadout is over 300 pages. FHA no longer accepting licensed level appraisers-certified level only. Those licensed appraisers not certified by their state on the FHA panel now will be removed this October.
The FHA class is more than an update. Those certified licensed students not currently on the FHA panel will be able to go on line to apply for FHA approval to their panel upon completion. Those current FHA appraisers will benifit from the sources of materials supplied to remain current on the requirements of FHA.