-
- 2:00 – 3:00 pm: Tax Court Updates, Changes (Presenter Judge Mala Sundar, P.J.T.C.)
- 3:00 – 5:00 pm: Quantifying Your Appraisal Report Comments (Presenter Lisa M. Meinczinger, SRA, AI-RRS)
- Log in begins at 1:30pm.
- You must be logged in by 2pm for CE credits.
Tax Court Updates, Changes: Judge Sundar will discuss tax court issues & recent cases from across the state. Her insight and experience will be a great benefit to all.
Quantifying Your Appraisal Report Comments: This seminar is designed to assist in quantifying the comments within your report, thereby offering improved support for the values and conclusions put forth. The objective is to convert unsupported comments into a more factual basis, while also removing “hot” words that might imply bias. This process aims to culminate in a credible and well-founded report.
Three CE credits pending with the NJ State board (reciprocal credits in PA.) Assessors can use the NJ State board form for APPRAISAL credits; we are applying for ADMIN credits…so you should have your choice!
Note that these seminars are on Zoom! Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructors must be able to physically see and interact with all students and students must be able see and interact with the instructor. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer.
Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
Cancellation Notice
Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on registration portal.
Click here for a downloadable PDF of the latest educational offerings.
- Check in at 12:45 pm
- Seminar is 1-5 pm
- Food Networking 5-6 pm
- Cash bar included
Presentations
Richard Negro and Deborah Peacock (HUD)
Common Myths, Misconceptions and Questions regarding FHA Appraisal Guidelines
This presentation will address FHA guidelines regarding Appraisal Reporting requirements in an effort to clear up common misconceptions of these guidelines by the industry participants, including Loan Officers, Loan Production staff, Appraisal Management Companies, Loan Processors, Underwriters and Appraisers. Many of the examples have come from questions submitted through the FHA Resource Center. The presentation will follow an outline beginning with an understanding of the specific Intended Use in an FHA Appraisal Assignment and how this Use helps to define and understand the various roles in Mortgage Processing. The presentation will include instructions on how to navigate the online version of the HUD 4000.1 handbook for easy reference. The presentation will allow ample time for Q & A on these specific topics as well as an open forum Q & A.
Matt Carelli
AnnieMac and the Residential Appraisal
AnnieMac Home Mortgage is a lender based in Mount Laurel, New Jersey, with branches throughout the U.S. The company provides a complete suite of mortgage solutions, with a department dedicated specifically to the underwriting and processing of renovation mortgages, like Fannie Mae’s HomeStyle® Renovation. The presentation will discuss what mortgage companies are looking for from appraisals, as well as insight on Fannie Mae’s Collateral Underwriter review tool.
Michael J. Pratico, Jr., AI-GRS
Swinging Interest Rates & Best Practices
As a bank reviewer, the presenter will go over lending work and types, property types, and the current role as an appraiser. He will go into details regarding best practice ideas, anecdotal data to monitor and watch, as well as reconsideration of value and bias.
Michael J. Acquaro-Mignogna, MAI, SRA, AI-GRS
Tips on How to Improve your Career as a Residential Appraiser
This presentation will touch on the new PAREA program and what it can offer new appraisers to the practice.
Eugene A. Soda, Jr.
Residential Updates, Changes
We will discuss the new desktop products and their anticipated impact. He will also present on market conditions, listing analysis, and contract analysis.
Walt Krzywicki, MAI, AI-GRS
Common USPAP Myths
We will follow up and summarize some of the current changes in USPAP (for those who have yet to take the latest class); and also go over some “Common Misconceptions of USPAP.”
Cancellation Policy
Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on registration portal.
- Check in begins at 8:15am
- Class starts at 8:30am
- Instructor: Brian Flynn, MAI, AI-GRS
This required 7-hour continuing education course, copyrighted by The Appraisal Foundation, focuses on USPAP requirements for ethical behavior and competent performance by appraisers. New case studies and tools are provided to help you learn how to better navigate USPAP in order to solve problems in your daily appraisal practice, and a USPAP Reference Manual is included with the course handbook. The topic of bias and appraisal practice will be covered using Advisory Opinion 16 showing how an appraiser can comply with USPAP as it relates to fair housing laws. The course will help you gain competency in USPAP, and it will help those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers gain competency as well.
NOTE: Appraisers must successfully complete the 7-Hour National USPAP Continuing Education Course every 2 years to meet the USPAP continuing education requirement.
Registration includes course materials (not the USPAP Manual from the Appraisal Foundation). When you register for the course the default is to download the course material. If you want hardcopy you have to select that option; there will be an extra fee. This material is required for the course, but it is not the USPAP Manual, it is the student handbook for the class. You are required to have this material in class, hardcopy or downloaded on a computer.
Note This Seminar Is On Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.
Click here to download a printable PDF flyer of upcoming courses.
- Check in begins at 8:15am
- class starts at 8:30am
- 7 CE Hours
- Instructor: Mark Smeltzer, MAI, SRA, AI-GRS
NO DOUBT ABOUT IT, DESKTOP APPRAISALS ARE HERE TO STAY. Recently released by Fannie Mae, after March 19, 2022, loan casefiles meeting certain requirements will receive the option to obtain a desktop appraisal reported on Uniform Residential Appraisal Report (Desktop) (Fannie Mae Form 1004 Desktop). As the world changes, so do processes and methods used in many businesses including the appraisal profession. While alternative appraisal services like bifurcated, hybrid, and desktop appraisals and evaluations aren’t new, they are becoming more popular. Many appraisers are uncertain about the general requirements of each service, how appraisal standards might apply, and how these services might create liability. You’ll gain more clarity about the different services being requested which will help you to decide if these services are for you. It will review the expectations of alternative appraisal services, potential uses, appraisal standard implications, scope of work, and liability concerns as it applies to residential and commercial assignments. And it will review evaluation formats and the business opportunities for them.
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class.
- No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.
This Seminar Is On Zoom
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education. Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
Questions:
Contact Lisa Weiss at lisamayweiss@hotmail.com or (856) 415-0281
Click here to download a printable PDF flyer of upcoming courses.
- Check in begins at 8:15am
- Class starts at 8:30am
- Instructor: Stacy Letton, MAI, SRA
This seminar will provide you with a basic understanding of appraising affordable housing. You’ll learn about the differences between an affordable multifamily property and a conventional market rent property and discover how regulatory forces rather than the market determines income and even expenses. You’ll gain a basic understanding of how Low-Income Housing Tax Credit (LIHTC) programs work and recognize how other affordable housing programs interact with LIHTC units. By working problems, you’ll see how traditional appraisal techniques and approaches must be modified. Course objectives:
- Gain an understanding of the principal difference between affordable and market rent properties.
- Understand the basic constructs of affordable housing programs and how regulatory rather than market forces drive income levels.
- Learn how to complete meaningful rental analysis.
- Understand what expenses may be affected by the operation of an affordable housing property.
- Learn to adjust the Income, Sales Comparison, and Cost Approaches to better address the income characteristics of affordable housing.
Note This Seminar Is On Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class.
- No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.
Click here to download a printable PDF flyer of upcoming courses.
Fall Dinner Meeting and Seminar
- 2 CE Hours
- 4:00 – 6:00 pm NJ Appraiser Law & Regulations
- Presenter: Susanne Curran, MAI, AI-GRS
- 6:00 – 7:00 pm Buffet dinner (cash bar) and chapter meeting
NJ Appraiser Law, Regulations N.J.S.A. 45:14F-1, et seq. Real Estate Appraisers Act
Purpose: This course is required by NJ regulations every two years. Students will learn about the law itself, the regulations that pertain to the law including specific areas noted in the regulation.
13:40A-5.4 (b): All licensed and certified real estate appraisers shall be required to complete a two hour course on New Jersey law and rules governing the practice of real estate appraising.
Questions? Need help enrolling?
Email: lisamayweiss@hotmail.com Call: 856.415.0281
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class.
- No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.
Click here to download a printable PDF flyer of upcoming courses.
Offering from the Delaware Chapter
(They have NJ CE credits!)
- 21 CE hrs + 1 hr exam
- Instructor: Vince Dowling, MAI, SRA
Course Objectives
- Identify how property rights and land-use regulations affect the condemnation appraisal process.
- Determine which property to appraise in a condemnation appraisal.
- Recognize the importance of defining public projects and identify their impact on the subject property.
- Perform competent and admissible appraisals.
- Recognize the appraiser’s role in inverse condemnation actions.
- Describe the appraiser’s role as a consultant to legal counsel.
- Identify the valuation concepts and rules of law and procedure typically used in a condemnation valuation jury trial.
Course Details
Program Overview:
Table of Contents and Overview
Course Schedule
Assignments: No
Equipment:
- A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- Free Review: Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises.
- For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
- HP-12C calculator User’s Manual.
Additional Information:
Course Materials Include:
- Course Handbook (455 pp.)
- Suggested Solutions (122 pp.)
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.
Prerequisites
Course Materials & Recommended Books
- Approved in NJ
- (4 CE Hours)
- Sign in at 8:15 am
- Class is 8:30 am -12:30 pm
- Instructed and Developed by Vince Dowling, MAI, SRA
Appraisal reports convey opinions and conclusions that are to be based on credible market support. However, the reality is that this does not always occur. USPAP requires the appraisal to have market support, sound reasoning and logic for adjustments in a comparison analysis, all components in a cost analysis and the multiple aspects of an income analysis. This program will address the need for meaningful market analysis for properties that commonly transact and are located in relatively stable markets, using industry approved and peer tested techniques within the Six Step process. This program will focus on how this can be accomplished in an inferred market study.
Market analysis precedes and is the underpinning of the highest and best use analysis and conclusion. Many valuation reports convey opinions but often lack the underlying data and analysis to support the opinions and conclusions expressed in the report. The underlying market data and its analysis is often poorly communicated due to clients requesting a quick turn-around time frame or the impact of other restrictions.
Note: This seminar is on Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education. Contact the chapter with questions regarding participation guidelines: LisaMay.Weiss@appraisalinstitute.org
Cancellation Policy
Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on registration portal. These seminars have been approved by the NJ State Board of Real Estate Appraisers.
Click here to download a printable PDF flyer of upcoming courses.
- (3 CE Hours)
- Approved in NJ
- Sign in at 12:45 pm
- Class is 1-4 pm
- Instructed and Developed by Vince Dowling, MAI, SRA
This program will assist the attendees in gaining a better understanding of the strengths and weaknesses of the real estate, either man-made or naturally occurring. Valuation nuances will be addressed, especially when the Subject and/or the competitive sales involve limited utility features. USPAP establishes minimum requirements for an appraisal and the practitioner’s need for competency will be stressed. The program will offer insight into recognizing, understanding, and evaluating physical characteristics and legal controls that impact many assignments. It will be stressed that a practitioner should seek to exceed the minimum requirements thereby better serving their clients and intended users.
The program will review industry approved and peer tested methods and techniques when encountering unique features. Knowing what to look for when inspecting a property or reviewing third party data such as zoning maps and MLS fact sheets will enhance the use of tools available to the appraiser to answer a client’s question.
Note: This seminar is on Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions regarding participation guidelines: LisaMay.Weiss@appraisalinstitute.org
Cancellation Policy
Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on registration portal. These seminars have been approved by the NJ State Board of Real Estate Appraisers.
Click here to download a printable PDF flyer of upcoming courses.
- Nationally Approved
- 7 CE hrs
- October 16, 2024
- Instructor: Douglas A. Potts, MAI, AI-GRS
NEW SEMINAR! Short-term residential rentals (STRs) play an increasing role in the global sharing economy. It’s important that appraisers, lenders, and underwriters become familiar with the nuances of valuing these properties.
In this seminar, you will gain a basic understanding of the global short-term rental market plus increased awareness about the impact of STRs and the emerging methods, or best practices, required to develop credible valuations of this property type. The seminar provides an overview and brief history of the short-term rental industry, information on aspects of value, FF&E, capitalization rates, going-concern value, motivations of property owners, and proper methods of research. Case study examples demonstrate how to value single-unit, multi-unit, and mixed-use properties that include an STR component.
Seminar objectives:
- Recognize properties that are the subject of valuation that have the potential to be short-term rental properties;
- Discuss appraisal projects with clients in order to properly develop a Scope of Work;
- Derive a highest and best use analysis to properly set up the valuation methodology and valuation techniques to be employed in the appraisal;
- Identify data sources used by one’s appraisal peers for short-term rentals and how to apply market information in the valuation of the subject property;
- Properly value a short-term rental property and apply a test(s) of reasonableness.
Note: This seminar is on Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions regarding participation guidelines: LisaMay.Weiss@appraisalinstitute.org
Cancellation Policy
Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on registration portal. These seminars have been approved by the NJ State Board of Real Estate Appraisers.