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: