Appraisal Skeleton and Addenda
Dick Viti has compiled information and addenda to assist students in completing their appraisal reports in compliance with state and federal regulatory guidelines This appraisal skeleton includes the addenda and is available in WinTotal alamode format or in a pdf file. If you want the WinTotal format, please send an email to the office requesting it. Please be sure to read the Notes before you use the skeleton.
AREA Appraisal skeleton - Notes
AREA Appraisal skeleton - PDF format
Appraisal Training: Mentoring Program
Students already are benefitting from AREA's Mentoring Program. After class many students want to know where to begin their appraisal training. To further the educational experience, AREA has appraisal supervisors to assist you in gaining qualified appraisal experience to further your classification level. Contact office to find out more, email@example.com.
All mortgage appraisals performed for loans delivered to Fannie Mae must be provided on report FNMA 1004 Forms dated March 2005. This policy applies to manually underwritten and Desktop Originator/Desktop Underwriter (DO/DU) processed loans. As stated in FNMA Announcement 05-02, Fannie Mae released eleven final appraisal and property report forms. UAD terminolgy is also required on all forms.
Make-up Issues for any Appraisal Course: IMPORTANT NOTE: Any make-ups must be scheduled through office and an administration fee is required. Students who have missed class session time or have incomplete homework/classwork may be ineligible for final exams. Email the office firstname.lastname@example.org to schedule and appointment.
Students wishing to purchase reference books and tools please visit the AREA Student Store
15-Hours of National AQB USPAP is required as part of the 90-hours to become an appraiser. To improve your understanding of professional appraisal standards and ethics you should review the current USPAP provisons and have available the following sections of USPAP prior to attending class: Definitions through Standard 3; Statements 3,4, and 6-10; Advisory Opinions 1-29.