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Appraising Manufactured Housing

    Online Education
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 114.00 AI
$ 137.00 Full
 
  Instructor    
Richard M. Heyn, SRA  
    
 
  Location    
Appraisal Institute - Online Education
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
  Appraisal Institute  
Email  OL-Help@appraisalinstitute.org  
Phone  (877) 674-2447  
 
  Description    
Overview:
This seminar was developed for residential appraisers who wish to enhance their understanding of manufactured housing. Its purpose is to provide appraisers with an in-depth look at manufactured housing and to facilitate the application of this information in a practical manner. For appraisers with limited background relative to manufactured housing, this seminar provides a foundation for accurate and thorough observation and reporting procedures. Appraisers already familiar with the topic can utilize the seminar as a comprehensive review as well as a means of remaining current with the latest terminology and changing technology of this industry.

The seminar begins with a historical overview of the industry, followed by a discussion of proper terminology and definitions. The next few sections deal with building codes and their effects on the different types of factory-built houses. Recognizing differences between site-built and factory-built homes is discussed, with special emphasis on distinguishing between manufactured homes and other types of factory-built housing. Quality issues are addressed, stressing proper observation techniques. This is followed by sessions on supplemental standards, title issues, valuation, and reporting.


Syllabus:
Introduction
Module 1: Historical Overview of the Industry - From Camping Trailer to Manufactured House
Module 2: Mobiles, Doublewides, Sectionals and Modulars - Which is Which?
Module 3: The Production Process
Module 4: Building Codes
Module 5: Major Differences in the Construction of Manufactured Homes Versus Modular Homes
Module 6: Inspection Procedures: Factory-Built Housing
Module 7: Quality Issues
Module 8: Supplemental Standards
Module 9: Legal and Liability Issues
Module 10: Valuation and Market Issues
Module 11: Reporting Issues
Module 12: Other Types of Automated Housing
Conclusion

Learning Objectives:
  • Obtain a historical perspective of the manufactured housing industry
  • Differentiate between various types of factory-built housing
  • Utilize appropriate nomenclature and avoid dated terminology
  • Assess the impact and implications of various building codes
  • Determine by observation if a dwelling is site-built or factory-built
  • Distinguish manufactured homes from those built to local or state codes
  • Develop an observation checklist of the various quality issues related to likely market perceptions
  • Appreciate the various supplemental standards unique to manufactured homes
  • Be alert to liability issues exclusive to manufactured homes
  • Recognize differences between site-built and manufactured housing relative to financing issues, title issues, valuation issues, and reporting requirements

    AI CE Credit for Designated members, Candidates for Designation and Practicing Affiliates
    This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.

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      Disclaimer    
    Cancellation Policy
    If you are unable to complete a seminar once it begins, you may cancel out of the seminar before the official seminar end date. Once you cancel out of a seminar, however, you must start the seminar over at the beginning in any later enrollments. You cannot be placed into the seminar where you left off before canceling.

    The following tuition refund policy is in effect for canceled online seminars based on the amount of material completed in a seminar:

    • Less than 25% of the seminar completed: $60 cancellation fee

    • More than 25% of the seminar completed: no tuition refund

    		   Transfer Policy
    If you wish to transfer a registration from one seminar to another, the following transfer policy applies based on the amount of material completed in a seminar:

    • Less than 25% of original seminar completed:
      • First transfer allowed: no charge
      • Second transfer allowed:
         $60 charge
               (for 7 hour programs and above)
         $35 charge
               (for 6 hour programs and below)
      • Any transfer not allowed beyond two

    • More than 25% of original seminar completed: no transfer allowed

    If you transfer from a lower priced seminar to a higher priced seminar, you will be responsible for paying the difference using the automated online system. If you transfer from a higher priced seminar to a lower priced seminar, an appropriate tuition refund will be issued.

    		    
    I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a member of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, that I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Appraisal Institute's Code of Professional Ethics and Standard of Professional Appraisal Practice, and that such peer review proceeding may result in termination of my Appraisal Institute membership.
     
      Additional Information    
    ONLINE CLASS ACCESS
    Please allow 1 hour after registration to start an online session in progress (on or after the session start date). Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. You will automatically be taken to the "My Appraisal Institute" page. Near the middle of that page your course will be listed with a link next to it that says "Go To Class".

    If you have any questions, please email us at OL-Help@appraisalinstitute.org.


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