At Bell Anderson & Sanders LLC, we have developed two continuing education seminars for the Appraisal Institute, "Detrimental Conditions" and "Real Estate Disclosure". We also assisted in developing "Introduction of Environmental Issues" and "Appraising of Environmentally Contaminated Properties".
Valuation of Detrimental Conditions in Real Estate
This seminar introduces participants to a variety of detrimental conditions and explores the wide range of effects these conditions can have on property value. Participants discuss strategies to calculate the damages caused by the detrimental condition, analyze the detrimental condition based upon fundamental appraisal methodologies, learn specialized techniques for collecting market data, and draw properly supported conclusions.
Real Estate Disclosure
The Real Estate Disclosure (or RED) Report is the appraisal profession's first comprehensive disclosure framework that logically and practically organizes all disclosure issues important to lenders and prospective buyers. In this seminar participants learn how to define, research, and report over 100 disclosure issues, while using the RED Report. The seminar manual includes a definition of each potential detrimental condition, along with suggestions for investigation and reporting. Numerous cases are covered that practically illustrate how detrimental conditions are addressed. This seminar is beneficial not only for real estate appraisers, but also real estate brokers, agents, attorneys, lenders, and property inspectors.
Introduction to Environmental Issues for Real Estate Appraisers
More and more appraisers are faced with valuation assignments involving contaminated properties. This seminar provides an overview to the basic standards of professional practice, regulations, and guidelines that govern an appraiser's responsibilities in recognizing and reporting contamination that affects a property. Various types of environmental risks, as well as the determination of costs, are covered.
Appraising Environmentally Contaminated Properties
In this seminar participants examine the types of environmental risks, hazards, and contamination that may be present on or near real estate. They then apply that information to appraisal assignments and expand it with the analysis of environmental stigma or market resistance. The program covers techniques for estimating stigma, factors affecting the level of stigma, and application of those factors to a typical valuation assignment.