If you are an appraiser that desires to learn how to incorporate the Uniform Act and 49 CFR Part 24 requirements into right-of-way appraisals, then the following courses are for you!
The Federal Highway Administration’s National Highway Institute (NHI) now offer two new appraisal courses, Foundations of Federal-Aid Highway Program Appraisals (FHWA-NHI-141053) and Practical Applications in Federal-Aid Program Appraisals (FHWA-NHI-141054). These virtual courses help learners improve conformity with appraisal requirements into classical appraisal principles. Learn more of what each training provides.
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FHWA-NHI-141053-Foundations of Federal-Aid Highway Program Appraisals
This seven (7) hour Web-based Training (WBT) addresses the nuances and state-specific differences related to the application of appraisal concepts and Uniform Act requirements of 49 CFR Part 24. Learners will explore the appraiser’s role in the overall project development process and how an appraiser’s expertise can assist in completing a transportation project effectively and efficiently. This is a pre-requisite for NHI-141054.
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FHWA-NHI-141054-Practical Applications in Federal-Aid Program Appraisals
This seven and half (7.5) hour Web-conference Training (WCT), builds on the fundamentals developed in the Foundations of Federal-Aid Highway Program (FHWA-NHI-141053) WBT.
Participants will explore examples of problems that are handled differently from typical mortgage appraisal assignments. These examples demonstrate how clients that have regulatory requirements can determine market value of a property, and determine a compensation estimate due to a property owner, given the unique interpretation of laws in the jurisdiction the appraiser is practicing. Please attend and complete the pre-requisite NHI-141053 prior to attending this course.
Virtual Session Information – Dates/Times:
• Early Spring – March 28th, 29th, 30th (1:00 pm – 3:30 pm each day)
• Late Spring – June 6th, 7th, 8th (1:00 pm – 3:30 pm each day)
• Summer – August 22nd, 23rd, 24th (1:00 pm – 3:30 pm each day)
• Autumn – October 24th, 25th, 26th (1:00 pm – 3:30 pm each day)
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Audience
The audience for these virtual trainings includes representatives from Federal Uniform Act Agencies, State Departments of Transportation (DOTs), Local Public Agencies (LPAs), consultant/fee appraisers, and FHWA staff involved with the appraisal process that have attended a basic practices and principles of real estate appraisal course.
For information about these appraisal training course, please contact NHI Customer Service.