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Course Criteria
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1.00 - 3.00 Credits
1-3 credits, Fall/Winter/Spring Identifies individual reading strengths/ weaknesses. Emphasizes basic reading skills in vocabulary, main idea, supporting detail, inferences, comprehension. Prerequisite: Placement in RD-080.
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3.00 Credits
3 credits, Fall/Winter/Spring Introduces and reinforces skills for success in entry-level college classes. Emphasizes vocabulary building, comprehension, reading strategies, critical thinking. Prerequisite: Pass RD-080 or placement in RD-090.
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3.00 Credits
3 credits, Fall/Winter/Spring Emphasizes textbook comprehension, critical reading and thinking, vocabulary, and speed techniques for college-level reading. Prerequisite: Pass RD-090 or placement in RD-115.
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3.00 Credits
3 credits, Fall Overview of real property concepts and characteristics, legal consideration, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal.
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3.00 Credits
3 credits, Winter Overview of real estate appraisal approaches to valuation procedures, value, property description, residential applications, commercial applications, improvement construction, home inspection, and appraisal math. Prerequisite: Pass RE-118 or instructor consent.
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3.00 Credits
3 credits, Spring Course offers a basic understanding and knowledge of the residential sales comparison and income approaches to appraisal. It includes the valuation principles and procedures applicable to both approaches. Prerequisite: Pass RE-228 or instructor consent.
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3.00 Credits
3 credits, not offered every year Reinforces the student's ability to perform the appraisal of income-producing properties. Prerequisite: Pass RE-238 or instructor consent.
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1.00 Credits
1 credit, not offered every term Identifying and analyzing market forces affecting the buyer's and seller's behavioris a key factor in understanding and reporting values. This course is designed to give students the tools needed to properly collect and analyze market data. Markets, sub-markets, market segmentation, supply side analysis, demand analysis and the importance of market analysis to the appraisal process are covered in the first have of this course. The second half focuses on the theory of Highest and Best Use. The two-step analysis along with the four tests for Highest and Best Use are covered in detail.
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1.00 Credits
1 credit, not offered every term This course will help students gain valuable insight and a working knowledge of the various theories and methodologies for arriving at residential site values and applying the Cost Approach in everyday appraisal work. The advantages and disadvantages of using the Cost Approach in residential appraising will be examined. The distinction between Replacement Cost new and Reproduction Cost New will be discussed, along with an in-depth look at several methods for estimating accrued depreciation.
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1.00 Credits
1 credit, not offered every term This appraisal course introduces theories, techniques, and procedures to help understand the process and how to use various residential forms and reports for appraisal. The course will provide practical application of real estate appraisal report writing procedures through theory and hands-on examples of appraisal processes.
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