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Center for Real Estate Education
Appraisal Continuing Education Seminars:

UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE (USPAP)
7 Hours of Continuing Education,

Appraisers must have 28 hours of continuing education.  Seven (7) continuing education hours must be on the Uniform Standards of Professional Appraisal Practice (USPAP).  This course meets the Appraisal Foundation requirement. New! Class will cover the 2008 changes.

STATISTICS, MODELING, & FINANCE
14/15 Hours Continuing Education,

Statistics, Modeling, and Finance provides both the theory and practice of statistics, real estate finance, and valuation modeling for today's appraiser. The first half of the class outlines terminology and basic statistics principles, including practical applications in statistical analysis. The last half presents an explanation of real estate markets, terms of financing, and real-world examples of how financing affects the value of real property.

MARKET ANALYSIS & HIGHEST AND BEST USE
14/15 Hours Continuing Education,

Identifying and analyzing market forces affecting the buyers' and sellers' behavior is key to understanding and reporting values. This Appraisal Foundation approved course is designed to give students the tools needed to properly collect and analyze market data. In addition, the theory of Highest and Best Use is reviewed. The two-step analysis along with the four tests for Highest and Best Use are covered in detail.

THE FHA AND VA APPRAISER: THRIVING AND SURVIVING
7 Hours Continuing Education,

Expand your business opportunities or simply update your knowledge and skills! Prospective as well as current FHA Roster Appraisers will benefit from this detailed review of FHA property and appraisal requirements. Future as well as practicing VA Fee Panel Appraisers can ensure that their present practices in performing valuation services meet the expectation of VA protocol. The FHA and VA Appraiser: Thriving and surviving addresses the requirements both for becoming an FHA Roster Appraiser (including essential information to prepare for the new simplified FHA appraiser exam) and a VA Fee Panel Appraiser. Includes updated information on the HOPE Program. This is an approved Appraisal Foundation course.

MARKET CONDITIONS ADDENDUM TO THE APPRAISAL REPORT
No credit; form required by Freddie Mac and Fannie Mae

Recently, Fannie Mae and Freddie Mac released a new form entitled Market Conditions Addendum to the Appraisal Report (Fannie Mae #1004MC-Freddie Mac #71) to be used
to reflect current market conditions. Its use will be required for all appraisals of 1-4
family units made for Fanne Mae or Freddie Mac as of April 1, 2009. This 3-hour course provides guidelines on how to fill out this form.


Online Course

A URAR FORM REVIEW
7 Hours Continuing Education,

This Appraisal Foundation approved course will instruct students in detail on how to fill out the new Uniform Residential Appraisal Report (URAR). Students will be taken through each section of the URAR where they identify and complete the required fields. Students are given the guidelines and direction to create URAR reports which are in compliance with USPAP. Can be done at your own pace.

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Course Key:
(star) RE prelicensing
(circle) RE cont. ed(square) Appraisal qual. ed
(triangle) ME Appraisal cont. ed
(diamond) Assessing cont. ed
NH RE continuing ed

68 High Street
Portland, ME 04101
(207) 228-8400
(800) 800-4876
(207) 228-8401 fax
cree@usm.maine.edu