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Adv. Residential Applications & Case Studies, Pt. I
October 15 - 16, 2014
Sandra K. Adomatis, SRA
9247 North Meridian Street
to check state approvals
Sponsor / Contact
This two-day course meets AQB criteria. In Part 1 of a two-part course package, you will apply appraisal techniques to solve a complex residential case study appraisal assignment. You will put your knowledge of terminology, concepts, procedures, and methods to the test as you demonstrate competence in the areas of appraisal analysis learned in previous courses. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as advanced residential applications and case studies. Individuals who are seeking the Appraisal Institute SRA designation can take this course and
Advanced Residential Report Writing/Part 2
as an alternative to completing the Residential Demonstration Report requirement.
If you wish to become a State Certified Residential Appraiser,
Advanced Residential Applications and Case Studies/Part 1
is approved by the Appraiser Qualifications Board for 15 content hours in advanced residential applications and case studies.
Advanced Residential Report Writing/Part 2
is approved for 30 hours in the appraisal subject matter elective category. Review the courses for which you have received credit to determine whether these courses are necessary for you to meet your education requirements.
To use this course package as an alternative to the Residential Demonstration Report, you must register for Part 1 and Part 2 as back-to-back offerings at the same location. It is not permissible to take Part 2 for the Residential Demonstration Report alternative at a later time, nor is it permissible to register for Part 2 unless it is taken immediately after Part 1 at the same location.
Course materials will be mailed to you before class begins and will be accompanied by a memo explaining the preparations that you should make before coming to class. Be sure to register at least 2 weeks before the course starting date so that you can receive your materials and begin the required preparations.
For this course, case study solutions are
distributed at the end of class.
to download the REQUIRED files BEFORE the course begins for important tips and tools.
Table of Contents and Overview
Appraisers seeking residential certification with experience and understanding of the fundamental concepts of appraising
A financial calculator is required.. The accepted model used in the course is the HP-12C.
Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
Software: Word & Excel OR Form software with AI Reports® Form 100, Summary Appraisal Report • Residential, installed OR other word processor and spreadsheet AND Adobe software for converting files to PDFs
Basic Appraisal Principles
Basic Appraisal Procedures
National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
Residential Market Analysis and Highest & Best Use
Residential Site Valuation and Cost Approach
Residential Sales Comparison and Income Approaches
Residential Report Writing and Case Studies
Real Estate Finance, Statistics, and Valuation Modeling
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
The Appraisal of Real Estate, 14th ed.
The Dictionary of Real Estate Appraisal, 5th ed.
Appraising Residential Properties, 4th ed.
Up To 15 days prior to program start date, refund in full.
10 - 14 days prior to program start date, $100.00 cancellation fee.
Less than 10 days prior to program start date, forfeit of payment.
Up To 15 days prior to program start date, $25.00 transfer fee.
10 - 14 days prior to program start date, $50.00 transfer fee.
Less than 10 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 will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building.
ATTENDANCE: Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit.
HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:
9104 Keystone Crossing
Indianapolis, IN 46240
($102 King or Double Bed)Complimentary continental breakfast, internet, Hyatt's Stay Fit Gym, & swimming pool.
HILTON HOMEWOOD SUITES
2501 East 86th Street
Indianapolis, IN 46240
($107 Great Value!) Large 1 bedroom suites with a separate kitchen and living room, fully renovated in 2009. All stays include a complimentary full hot breakfast, dinner with cocktails M-TH, high speed internet, a workout facility & transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtml?hotel=INDKCHW&corporateCode=560004829
MARRIOTT SPRINGHILL SUITES
11855 North Meridian Street
Carmel, IN 46032
($99): all-suite hotel with newly renovated suites, complimentary hot breakfast buffet, free Wi-Fi, complimentary health club membership in addition to onsite workout facility, indoor pool and whirlpool
COMFORT INN & SUITES
9090 Wesleyan Road
Indianapolis, IN 46268
($59.95); room and deluxe continental breakfast