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Condos, Co-ops and PUDs: How to Appraise Properties in Associations

CALL   Date: April 17, 2013   Location: Lisle, IL
 
  Seminar    
Category  Other [Oth]  
Attendance Hours  7.0  
Current Price  $ 175.00 AI
$ 199.00 Full
 
  Instructor    
Maureen B. Sweeney, SRA  
    
 
  Location    
Name  Wyndham Lisle Chicago Hotel and Executive Meeting Center  
Address  3000 Warrenville Rd.  
City  Lisle  
State  IL  
Zip  60532  
Phone  630-505-1000  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Contact Name  National Programs  
Email  nationalprograms@appraisalinstitute.org  
Phone  (312) 335-4207  
 
  Description    
Appraising condominiums, cooperatives, and PUDs requires a unique skill set different from appraising single-family houses. Attend this new seminar and obtain high-quality education specific to those skills. Take on your next condo, co-op or PUD assignment with confidence, diversify and see your valuation business grow! 
 
In this comprehensive seminar, learn how to identify property through Legal Description and Parcel Identification Number (PIN); identify which four documents are needed from homeowner to make your appraisal assignment smoother; and find out what questions you must ask a building manager before concluding that your research is complete. Leave with a comprehensive list of questions to ask management companies that will help make your report as accurate as possible.  Finally, discover what 12 factors you should use when choosing comparable sales for your subject property.    


Upon completion of the seminar, participants should be able to:

  • Understand Real Property Ownership and Interests, and recognize how and why they apply to appraising associations.
  • Analyze the valuation impact of Special Taxing Districts, Special Service Areas, and Business Improvement Districts upon association properties.
  • Identify, develop and apply appropriate scopes of work to three types of association living
  • Develop specialized data collection strategies for condominiums, cooperatives, and PUDs in support of your appraisals
  • Contrast condo-hotels from condominiums and learn exactly why appraisers must analyze them differently.
  • Evaluate several real-world appraisal case studies, including developing an opinion of market value specific to condominiums, cooperatives, and PUDs…you’ll be applying these tools to your everyday practice in no time! 
 
Target Audience: This seminar’s in-depth treatment makes it ideal for residential appraisers, commercial appraisers, reviewers, underwriters, and Realtors.  
 
  Audience    
Target Audience: Residential Appraisers, Commercial Appraisers, Review Appraisers, Underwriters, and Realtors
 
  Equipment    
None.
 
  Disclaimer    
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $100.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
       
Continuing Education Credit
This seminar is approved for seven (7) hours of Appraisal Institute continuing education credit. This seminar might not be approved in all states by the offering date. Please check with your state board for state approval information.

Cancellations
This confirmation will serve as your receipt. All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.


Other Information
If you have a disability and require accommodation, please notify the national office at least two weeks in advance and we will arrange for reasonable accommodation. The Appraisal Institute reserves the rights to cancel, limit, or reschedule the seminar and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
Class Schedule:
8:00-8:30 Registration/Check In
8:30-5:00 Lecture Hours


Attendance Policy: The Appraisal Institute issues attendance certificates for state certification/licensing or state continuing education credit that verify attendance of 100%. Please note, if Appraisal Institute attendance records indicate attendance of less than 100%, the student certificate will reflect this and state agencies may refuse to award credit.

Location:

Wyndham Lisle Chicago Hotel and Executive Meeting Center
3000 Warrenville Rd.
Lisle, IL 60532

Phone: 630-505-1000
Room Rate: $109+
Room Rate Cutoff: Monday, March 18th, 2013

Meeting Room: Savoy EF
Parking: Complimentary


  Wyndham Lisle Chicago Hotel and Executive Meeting Center