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The National Association of Independent Fee Appraisers (NAIFA) is a national appraisal membership association offering an appraiser designation program and educational courses. National association information can be viewed by going to www.naifa.com.
NAIFA NorCal is the chapter representing appraisers in the central valley of California. The NorCal chapter has bi-monthly dinner meetings (usually on the third Frday of the month) to bring appraisers together with speakers. Some dinner meetings include 2-hour Continuing Education courses. Others have speakers on appraisal-related subjects. Meeting your peers is important, and meetings also offer Appraiser Trainees the opportunity to meet appraisers who may be willing to take on the Trainee as a mentor.
NAIFA NorCal sponsors classes and dinner meetings. Here is the schedule of the NorCal chapter's events.
View NAIFA's class catalog here.
Check NAIFA's class schedule here. (Recommend searching by location.)
NAIFA Couses sometimes taught by us:
The Appraisal of Foreclosure Property (NAIFA course 16.2; OREA #05748C199)
The purpose of this course is to help the appraiser understand and properly prepare for the appraisal of foreclosure properties. Primarily this considers single-family residential properties, and not larger income producing property. There are two sections: Section I regards the management of non-performing real estate assets owned by financial institutions. It also discusses the probability of the increase in foreclosure properties. Section II speaks to the practical application of the appraisal process of REO properties.
A one day continuing education course (7 hours). OREA-approved.
Basic Residential HUD Appraisal Requirements (NAIFA course 4.7; OREA #06748C199)
New for 2006 - HUD appriasal guidelines.
7 hours
Fannie Mae Updated Property and Appraisal Guidelines (NAIFA course 9.7)
This course is designed to inform and provide the students with an understanding about the extensive supplemental standard known as the Fannie Mae Appraisal Guidelines, which is very prevalent in appraisal assignments for lenders.
8 Hours
FHA Appraisal Protocol Update (NAIFA course 4.7)
This course is designed to give the FHA appraiser a more thorough understanding of the new protocol issued by HUD in mortgagee letters 2005 – 24 and 2005 – 48, both of which are included in the text. Also included is the most recent update of Appendix D – the focal point of the material. Other available information includes Mortgagee Letter 2005 – 35 regarding REO properties and 2005 0-02 regarding seller concessions. It is not mandatory that the student have knowledge of FHA protocol prior to the changes effective January 1, 2006, but it may be helpful.
8 Hours
USPAP 7-hour Renewal Course (NAIFA course)
This course is designed to review professional standards, ethics and updates to the Uniform Standards of Professional Appraisal Practice.
This class is not appropriate for Basic Education. The current USPAP manual is recommended and is available for a $30 fee; the manual is required for use with course. FAQ also available for $20. Manual and FAQ combined are $40. Pre-study is not a requirement.
7 hour class.
Qualifies for Continuing Education credit only, both in California and Nevada.
Understanding Relevant Characteristics of Real Property (NAIFA course 10.3)
This course is designed to provide an understanding of which characteristics of a property are relevant and which characteristics are not. Determining and defending the decision of which characteristics are relevant is a big part of the Scope-of-Work concept. With the Scope-of-Work concept being the “hot topic” of USPAP, this is a must-have course.
7 Hours ContinuingEducation; approved for Caifornia and Oregon.
Valuation of Landscape Improvements (NAIFA course 3.0a)
This course is designed to teach the students how to estimate the value of individual trees and shrubs. Topics covered will be tree biology, valuating landscaping, determining shade-tree value, IRS/Insurance claims, tree identification, measuring board feet and valuating fruit and nut trees.
4 Hours. Approved for appraisal continuing education credits in California.
