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Appraisal Education

Residential and Non-Residential Continuing Education Appraisal Courses

Northern Michigan University offers a full range of residential and non-residential continuing education appraisal courses at sites located throughout Michigan and across the U.S. via webinar delivery that are convenient, relevant, of high quality and affordable.

  • Appraisal Schedule (see below) 
  • Class Locations
  • Course Descriptions (see below)

Appraiser/Assessor/Surveyor Schedule

MAREA memberships are no longer available. To receive a discount, register for 28 (or more) hours in one transaction and the discount will automatically be applied.

Date
(2022)

Time

Course Schedule

Instructor

Hours

Location

Cost
(Under 28/Over 28 Hours)

May 17 1:00 pm Michigan Law Heyn 2 Zoom $43/$37
May 19 9:00 am Past, Present & Future of the Mortgage Appraisal-NEW Wagar 7 Midland $150.50/$129.50
May 20 9:00 am Underwriting & the URAR Mortgage Appraisal Wagar 7 Midland $150.50/$129.50
May 25 10:00 am Michigan Law Heyn 2 St. Joseph $43/$37
June 16 8:00 am USPAP & MI Law** Gilbert 7 & 2 Grand Rapids $150.50/$129.50 +$43/$37
June 17 8:00 am Appraising for Non-Regulated Clients Gilbert 7 Grand Rapids $150.50/$129.50
June 23 9:00 am Past, Present & Future of the Mortgage Appraisal-NEW Wagar 7 Grand Rapids $150.50/$129.50
June 24 9:00 am Anatomy of a Board Review Wagar 5 Grand Rapids $107.50/$92.50

*All times are Eastern Standard Time.

**These are the books that are required for the new 2022-2023 USPAP Course. You will need to purchase the NEW 2022 USPAP Reference Manual ($25) and the NEW 2022-2023 7-Hour National USPAP Update Student Manual ($35). You will also need your copy of the 2020-2021 Uniform Standards of Professional Appraisal Practice book. All of these materials are required.  Copies of the printed edition of 2020-2021 USPAP may be available for purchase in the classroom.  To purchase the materials, contact The Appraisal Foundation.

PDF versions are permitted as long as they are searchable.

Here is the link to the Appraisal Foundation.

For two-day Appraisal Zoom classes, you MUST attend both days to receive credit.

Questions? Please call 906-227-2103

Course Descriptions - Current Approved Courses (Classroom)

Mandatory 7 hours C.E. every license cycle. This is the 7-Hour National Uniform Standards of Professional Appraisal Practice (USPAP) Update Course, as developed by The Appraisal Foundation (Foundation). The course focuses on changes to USPAP for 2022-23 and on appraisal issues that affect daily appraisal practice. The Course is developed by the Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP.

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours, MUST purchase your own books. Each student must have a copy of the 2020-21 USPAP publication, NEW 2022-2023 7-hour National USPA Update Student Manual ($35) and the NEW 2022 USPAP Reference Manual ($25) to use in the course. The publication includes USPAP, USPAP Advisory Opinions, USPAP Frequently Asked Questions, and an Index. These can be purchased directly from The Appraisal Foundation.

This two-hour course will discuss licensing laws at every level, the occupational code, and the governing boards, Michigan Consumer & Industry Services’ Board of Appraisers and the National Appraisal Foundation.

Cost: $43 if registering for under 28 hours; $37 if registering for at least 28 hours.

This course familiarizes the student with the review procedures available to the State when a complaint is filed. It begins by exploring the make up of the State Appraisal Board both from a procedure and a current personnel perspective. How to prepare, what to expect, discussion of the penalties and fines available to the State. Upon completion, the student will be more familiar and better to handle a review if presented with the situation. 

Cost: $107.50 if registering for under 28 hours; $92.50 if registering for at least 28 hours.

This course is designed to familiarize the appraiser with the nuances of the appraisal for the non-regulated client, including: Problem Identification, Appropriate Valuation Methods and Appropriate Reporting Formats. 

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This class begins with a historical overview of the industry, followed by a discussion of proper terminology and definitions. The following sections deal with building codes and their effects on the different types of factory-constructed houses. Recognizing differences between site-built and factory-constructed homes is discussed, with special emphasis on distinguishing between manufactured homes and other types of factory-constructed housing. Quality issues are addressed, stressing proper observation techniques. Succeeding sessions focus on specialized assignment conditions, title issues, valuation, and reporting. Participation by class members is strongly encouraged, since much can be learned from the collective experiences of the participants. 

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course seeks to discuss and understand the commonalities and differences in the systematic processes used in professional appraising and assessing.  We will compare and contrast the viewpoints of appraising for property taxation purposes and that of appraising for a client. Additionally, this course will give appraisers a better understanding of those appraisals completed by assessors and will provide the student with a set of best practices tools and insights for dealing with property tax appeals.

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This class is designed to assist residential appraisers in the appropriate use of disclosures and
disclaimers to promote clear communication and reduce liability. While the primary focus of the seminar is directed at dealing with disclosures and disclaimers when reporting assignment results on the Uniform Residential Appraisal Report Form (URAR), there is much in the way of general information that will assist appraisers when dealing with issues of liability found in other appraisal assignments that do not require the use of the URAR form.

Actual and hypothetical accounts of common residential appraisal situations are used to illustrate both the potential liability involved, as well as possible preventative measures. Dozens of disclosures,
disclaimers and other suggested statements are included for the participant’s consideration. 

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course is designed to reacquaint appraisers with Fair Housing Laws and how they not only affect Real Estate sales professionals but how they can affect the mortgage appraisal and appraiser. The study of specific Fair Housing laws, language and penalties will be covered along with current studies and recently published studies and opinions. 

Cost: $86 if registering for under 28 hours; $74 if registering for at least 28 hours.

This course is designed to provide guidance in the selection of comparable sales.  The course examines the rationale in the selection of a sale as a comparable and considers:

  1. Conditions of the sale
  2. Market conditions
  3. Location characteristics
  4. Physical characteristics

The ultimate goal is to assist the appraiser in understanding the selection process and being able to defend, if necessary, the selection, or exclusion, of specific comparable sales data.  Additionally, guidance is provided in the analysis of the selected sales data to quantify necessary adjustments. Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course is designed to help appraisers understand and sort out the areas of liability exposure, both criminal and civil, when completing an appraisal to facilitate the mortgage process. In addition to these liabilities, the penalties and possible actions through the State Licensing Entities and the secondary market will be discussed. This course is designed to help appraisers understand and sort out the areas of liability exposure, both criminal and civil, when completing an appraisal to facilitate the mortgage process. In addition to these liabilities, the penalties and possible actions through the State Licensing Entities and the secondary market will be discussed.

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

MCAT certification is a limited certification which provides individuals with a basic education in assessment administration. Individuals interested in MCAT Certification are not able to act as an assessor of records for a local unit. This course is recommended for individuals who work in an assessing office, Treasurer's or Clerk's office, elected officials who are interested in expanding their knowledge of assessing or any individual who is interested in learning more about assessing. Certification is achieved by attending a 2 ½ day course held through an approved outside organization and passing the State Tax Commision-MCAT exam with a score of 75 % or higher.

More information on the MCAT Program, as well as a list of currently offered classes, can be found on the STC website at www.michigan.gov/statetaxcommission under the Assessor Certification and Education Tab.

This course studies the use of the appraisal in the secondary mortgage market. A focus on how the appraiser and the appraisal process has functioned in the past, present and the intent for the future. It studies a timeline from the inception of FNMA, mortgage-backed securities, the S & L crisis of the 1980’s/90’s through the mortgage crises of 2007-2008 and finishing with the proposals for the future.

Learn how the appraisal profession is poised for change in March of 2022, to include insights and discussion of the following changes:

  • The Hybrid appraisal product 1004P – proposed in the modernization effort.
  • FNMA to sanction the use of the “Desktop Appraisal” (to include a floor plan). A look at the new desktop 1004 rev 2020 & discussion of scope and certification.
  • How the “Desktop appraisal” differs from the Hybrid.
  • FNMA requirement of appraiser measuring using ANSI standards.
  • Current political environment regarding the accusations of appraiser bias, devaluation of neighborhoods along with bias and inclusion will all be examined.
  • How all the above will affect the appraisal profession in general.

**If you are currently doing mortgage appraisal work, this class is a must to help adapt for the future.

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course is intended to benefit appraisers of various skills and experience levels.  All appraisers can benefit from an enhanced awareness of architectural style and construction design as well as keeping abreast of current market trends in housing floor plans and amenities buyers say they want.  The course manual consists of seven parts, which are a mixture of lecture, discussion and in-class illustrations.  The illustrations are meant to solicit judgment calls and effective solution processes because one answer may work well in one appraiser’s market and may not work well in another appraiser’s market.  Participation by class members is vital to the success of this seminar since more knowledge is shared from the collective experiences of the participants than from a single instructor.  

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course studies the use of the appraisal in the secondary mortgage market. A focus on how the appraiser and the appraisal process has functioned in the past, present and the intent for the future. It studies a timeline from the inception of FNMA, mortgage-backed securities, the S & L crisis of the 1980’s/90’s through the mortgage crises of 2007-2010 and finishing with the proposals for the future to include the revised 1004-P URAR form and the bi-furcated proposal for the appraisal process concepts.

Cost: $107.50 if registering for under 28 hours; $92.50 if registering for at least 28 hours.

This appraisal class is designed for those appraisers involved with lenders preparing the appraisal for in use in the mortgage lending process, with specific attention given to the URAR Mortgage Appraisal form 1004.  The appraisal form is taken section by section discussing traditional problem areas between appraiser and underwriting to better understand myth from fact.  The goal of this course is to decrease the revisions requested by U/W saving both the appraiser and lender time in the mortgage process.  Further, to help underwriters and appraisers this course will enhance their understanding of our respective goals. 

This class will include additional discussion and updates on the current GSE/lender/appraiser climate to include regulations effecting the appraisal profession to include:

  •  The expected role the GSE’s plan to play in the coming year
  •  new and existing AMC regulation including the most recent federal oversight of the State AMC regulation
  •  FNMA recently released Collateral Underwriting and risk assessment as its impact.
  •  Discussion of the direction FNMA has taken in 2015 with regard to support for adjustments and its effect on appraisers.
  •  Update on current numbers for the FNMA exclusionary list of appraisers

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

This course provides an in depth look at the assessing process in Michigan. Major topics covered are property tax law, abatements, exemptions, the equalization process and the calculation of taxable value. The material will provide a frame-work to allow fee appraisers to evaluate and understand the assessing process and how assessed and capped values are calculated. Participants will also be exposed to the methodologies used by assessors and equalization departments to complete annual appraisal studies. The course will conclude with a detailed examination of how Taxable Value is calculated.

Cost: $150.50 if registering for under 28 hours; $129.50 if registering for at least 28 hours.

Contact Information

For information about course registration or program locations, contact NMU Continuing Education & Workforce Development at conteduc@nmu.edu or (906) 227-2103.

For questions regarding appraisal courses and course content offered in Michigan please contact Tom Gilbert, MAREA president, at (906) 428-3950 or appraiseup@gmail.com .

If you have specific licensing questions, contact the Michigan Bureau of Professional Licensing at (517) 241-9288. Click here to review your continuing education credits recorded for the current licensure cycle.