Please Join Us For Our

 Local Area Meetings, Events & Education Offerings –

*May 14, 2008

CHAPTER GENERAL MEETING & SEMINAR

“ODOT’s Appraisal Procedures

& Policies for Right of Way Acquisitions

 

“ODOT’s Appraisal Procedures and Policies for Right of Way Acquisitions

 

May 14, 2008

 

A two-hour seminar presented by Richard K. O’Grady, ODOT, Office of Real Estate

 

Topics to be discussed

  • Pre-qualification criteria for appraisal and appraisal review
  • ODOT’s Land Acquisition Program
  • Acquisition (appraisal) procedures based upon law
  • ODOT’s role as lead agency under 163.58
  • ODOT’s appraisal policies and procedures
  • Realty vs. personalty – issues and guidance

 

BOARD MEETING - 4:30 p.m.-5:30 p.m.

 

SOCIAL HOUR (cash bar) - 5-6:00 p.m.

 

DINNER – 6:00-6:45 p.m.

 

GENERAL MEETING – 6:45-7:00 p.m.

 

SEMINAR  –  7:00 -9:00 p.m

 

COST:    $40.00 – Dinner & Seminar

                                $25.00 – Dinner Only

                                $15.00 – Seminar Only

 

At the Door Cost:  An additional $5.00

 

Date:  May 14, 2008

Place:  DoubleTree Hotel, 6200 Quarry Lane, Independence, Ohio 44131, 216-447-1300

 

Ø        Continuing Education: Approved for 2 hours with the State of Ohio in appraisal and real estate.

Ø        This program was developed and is administered by the Northern Ohio Chapter. 

Ø        Attendees are eligible to receive 2.0 hours of Appraisal Institute continuing education credit.

Ø        Reservations must be received by May 12, 2008 to assure a seat.

Ø        Reservation cancelled after May 12, 2008 obligates the registered attendee for the cost of the dinner.

 

REGISTRATION MUST BE ACCOMPANIED BY PAYMENT.  THANK YOU!!!

 

Click here for printable flyer    Register Online

*Save the Dates!

*May 14, 2008

*September 17, 2008

*November 12, 2008

*2008 Education-Event Calendar

- …offering more than 405 hours of class room teaching.

2008 Date

Educational Courses, Seminars, General Meeting-Dinner Social-Activities

 

Jan 18

 

“Appraising High Value & Historic Homes” Seminar

Click here for printable flyer  

 

Jan 30–Feb 2

Basic Appraisal Principles

Click here for printable flyer    

 

Feb 13

 

General Meeting, Dinner & Seminar

Seminar on Hospitality Industry: Focus on Cleveland including the Proposed Convention Center and the Indoor Waterpark Resort Market nationwide. 

Click here for printable flyer 

 

Feb 4-7

Basic Appraisal Procedures

Click here for printable flyer   

 

Feb 8-9

National USPAP Course, 15 Hour

Click here for printable flyer   

 

Feb 29

What Clients Would Like Their Appraisers to Know

Click here for printable flyer  

 

Mar 7-8

Residential Market Analysis & Highest and Best Use

Click here for printable flyer  

 

Mar 14

7-Hour USPAP Update Course

Click here for printable flyer  

 

Apr 2-5

General Appraiser Income Approach Part I

Click here for printable flyer  

 

Apr 7-10

General Appraiser Income Approach Part II

Click here for printable flyer  

 

Apr 18

Forecasting Revenue

Click here for printable flyer  

 

Apr 25

Residential Design and Function Utility

Click here for printable flyer 

 

May 14

General Meeting, Dinner & Seminar

ODOT’s Appraisal Procedures and Policies for Right of Way Acquisitions

Click here for printable flyer    Register Online

 

May 2-3

Advanced Residential Applications & Case Studies Part I

Click here for printable flyer   Register Online 

 

May 5-8

Advanced Residential Report Writing Part II

Click here for printable flyer   Register Online

Click here to Reserve a Room at the Hilton Garden Inn Cleveland Airport

 

May 16

Subdivision Analysis

Click here for printable flyer    Register Online

Click here to Reserve a Room at Doubletree

 

Jun 13

Real Estate Finance, Value & Investment Performance

Click here for printable flyer   Register Online

Click here to Reserve a Room at Doubletree

 

June 13

 

7-HOUR USPAP Update Course

Click here for printable flyer   Register Online

Click here to Reserve a Room at Doubletree

 

Aug 15

 New

Addition

Associates Residential Guidance Seminar

Register Online

Free Admission

Holiday Inn, Strongsville, Ohio

 

Sep 12-13

 

Condemnation Appraising:  Basic Principles and Applications

Click here for printable flyer   Register Online

 

Sep 17

 

General Meeting, Dinner & Seminar

To Be Announced

 

Oct 3

 

Appraising Manufactured Housing

Click here for printable flyer   Register Online

Click here to Reserve a Room at Doubletree

 

Oct 4

 

Essentials – What Every Appraiser Should Know

Click here for printable flyer   Register Online

Click here to Reserve a Room at the Hilton Garden Inn Cleveland Airport

 

Oct 4

 

Attacking and Defending an Appraisal in Litigation

Click here for printable flyer   Register Online

Click here to Reserve a Room at the Hilton Garden Inn Cleveland Airport

 

Oct 17

7-Hour USPAP Update Course

Click here for printable flyer   Register Online 

Click here to Reserve a Room at Doubletree

 

Oct 18

Business Practices & Ethics

Click here for printable flyer   Register Online  

Click here to Reserve a Room at Doubletree

 

Oct 21

 

Evaluating Residential Construction

Click here for printable flyer   Register Online

Click here to Reserve a Room at Doubletree

 

Oct 23-24

 

Evaluating Commercial Construction

Click here for printable flyer   Register Online

Click here to Reserve a Room at Doubletree

 

Oct 29–Nov 1

Basic Appraisal Principles

Click here for printable flyer  Register Online  

 

Nov 12

General Meeting, Dinner & Seminar

To Be Announced

 

Nov 3-6

Basic Appraisal Procedures

Click here for printable flyer  Register Online  

 

Nov 7-8

National Uniform Standards of Professional Appraisal Practice, 15-HOUR

Click here for printable flyer  Register Online 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Prior Year) 2007 Chapter Sponsored

Education-Event Calendar

- …taught more than 385 class room hours.

2007 Date

Educational Courses, Seminars, General Meeting-Dinner Social-Activities

Jan 12

Condominiums Co-ops and PUDS

Click here for printable flyer   

Jan 17-20

Basic Appraisal Principles

Click here for printable flyer

Jan 26

FHA & the New Residential Appraisal Forms

Click here for printable flyer 

Feb 2

Analyzing Commercial Lease Clauses- Implications for Property Value & Marketability

Click here for printable flyer  

Feb 3

Analyzing Operating Expenses

Click here for printable flyer  

Feb 16-17

National Uniform Standards of Professional Appraisal Practice 15-Hour

Click here for printable flyer

Feb 28

 

General Meeting, Dinner & Seminar

“Ohio's New Mortgage Fraud Law and its Implications for Appraisers”

 Click here for printable flyer

Feb 28

Loss Prevention Program for Real Estate Appraisers Seminar

Click here for printable flyer  

Mar 2

Reviewing and Underwriting Residential Appraisal Reports

Click here for printable flyer   

 

Mar 16

7 Hr. USPAP Update Course

Click here for printable flyer 

 

Mar 26-29

Basic Appraisal Procedures

Click here for printable flyer   

 

Apr 17

Supporting Capitalization Rates Seminar

Click here for printable flyer    

 

Apr 18-21

General Market Analysis and Highest & Best Use

Click here for printable flyer   

 

May 2

General Meeting, Dinner & Mini-Seminar

Northeast Ohio’s Residential Construction Market & Valuation Build-to-Suit Property

Click here for printable flyer

 

May 2

Fair Housing Seminar

Click here for printable flyer    

 

May 3-4

Residential Market Analysis and Highest and Best Use

Click here for printable flyer    

 

May 11

Valuation of Detrimental Conditions in Real Estate

Click here for printable flyer    

 

Jun 1

7 Hr. USPAP Update Course

Click here for printable flyer   

 

Jun 15

Liability Management for Residential Appraisers

Click here for printable flyer

 

Aug 2

 

 

CHAPTER 2007 GOLF OUTING

Click here for printable flyer

 

Sep 14

Quality Assurance in Residential Appraisals- Risky Appraisals -- Risky Loans

Click here for printable flyer

 

Sep 18-21

Residential Sales Comparison and Income Approaches

Click here for printable flyer 

 

Sep 19

General Meeting and Mini-Seminar – Doubletree Hotel Location

“Sales Comparison Adjustments for the Commercial Appraiser”

Click here for printable flyer

 

 

Oct 15-18

General Appraiser Income Approach – Part II

Click here for printable flyer

 

 

Oct 19

7  Hr. USPAP Update Course

Click here for printable flyer   

 

 

Oct 20

Business Practices & Ethics

Click here for printable flyer   

 

 

Oct 26

The Art-Science of Real Estate Feasibility Analysis

Click here for printable flyer

 

 

Nov 2-3

Real Estate Finance, Statistics and Valuation Modeling

Click here for printable flyer 

 

 

Nov 7

General Meeting and Mini-Seminar

An overview of the Northeast Ohio real estate markets

Click here for printable flyer

 

 

Nov 7-10

Basic Appraisal Principles

Click here for printable flyer   

 

 

Nov 12-15

Basic Appraisal Procedures

Click here for printable flyer

 

 

Nov 16-17

National Uniform Standards of Professional Appraisal Practice 15-Hour

Click here for printable flyer

 

 

  

Doubletree Cleveland South Hotel

6200 Quarry Lane, Independence, Ohio 44131

Phone: 216-447-1300    Reservations: 1-800-753-4371

 Dear Appraisal Institute Traveler:

 

The Doubletree Hotel Cleveland South is very excited to be the preferred hotel for Appraisal Institute travelers for 2007. You will enjoy the warm ambiance of the Doubletree Hotel Cleveland South accompanied by a friendly staff available to take care of your every need.  The 2007 Appraisal Institute rate $89.00 plus tax per night.

 

The DoubleTree Hotel Cleveland South is voted one of Cleveland’s Top 5 Luxury hotels as surveyed by Cleveland City Search.  The DoubleTree Hotel Cleveland South is located only 4 miles from the Appraisal Institute office and offers the best in personalized service and Hospitality.

 

·          Hilton’s Hhonors has been voted by JD Power and Associates as the “Best” frequent guest program. The only frequent program that allows travelers to “Double Dip” with frequent flier miles and hotel rewards. If you are not a current member please visit www.hiltonhhonors.com  Join today. It’s easy, fast & free

·          Complimentary High speed internet access in all guestrooms

·          High speed wireless access available in public areas

·          24 hour Business Center

·          Shula’s 2… more sport, more casual, more steak  

             Restaurant and lounge serving breakfast, lunch, dinner, and room service

·          Complimentary Airport Shuttle Service and Complimentary Parking

·          Four-cup Coffee Makers, Hair Dryers, Irons and Ironing Boards in guestrooms

·          Indoor/Outdoor Pool, Whirlpool and Fitness Facility

·          One – Click Reservations Access. Please use the URL listed below to you’re your reservations through DoubleTree.com:

 

Click here to Reserve a Room at Doubletree

 

We look forward to the opportunity of having you as our guest.  We can assure you that tour staff will do everything they can to ensure you and your guest have an enjoyable stay at our property.  Sincerely, Doubletree Cleveland South, Staff and Management

 

 

 

 

Holiday Inn Select

15474 Royalton Road

Strongsville, Ohio 44136

Tel 440-238-8800

Appraisal Institute discounted rate of $99 is based upon hotel availability.

Can be upgraded at check-in to include breakfast for an additional $10.

 

 

 

Chapter Office

 

Appraisal Institute, Northern Ohio Chapter

Amy Cramer, Executive Secretary

P.O. Box 31665

Independence, Ohio 44131

 

Email:  info@aiohio.org

Phone: (216) 520-0560

Fax: (216) 274-9289

 

Contact Us

 

Find An Appraiser

Basic Search within XX miles of Zip Code

Search Personal Information

Search Personal Services

Search Geographic Area

Search County

Search MSA

Search City

_________________________________________________

Members  Only Log-In– Update Expanded Directory Listing

Email support@aiohio.org for assistance.

_________________________________________________

 

About Us

Chapter Officers

Becoming An Appraiser

 

Click here for Commonly Asked Questions

 

Residential Associate Members

There have been some important changes in the requirements for the SRA designation.  The Board of Directors passed an amended motion to extend the Pre-2005 SRA Path deadline to 12/31/2008.  The deadline was extended in an effort to provide associate members on this path with more time to complete their requirements.  No additional extensions are anticipated after this date.  The Pre-2005 SRA Path and the current SRA requirements can be viewed at www.appraisalinstitute.org .  Click on the Members drop down menu along the top and then click on Associate Member Info.  There is important information for residential associate members at this website on topics including: demo appraisal requirements and alternatives, experience requirements, status reports and associate news.

 

We will be holding periodic associate meetings in order to assist associate members in becoming designated.  As well, Residential Associate Members are always welcome to contact me at shivnor@advapp.com or 440-946-8364 with any questions or concerns.

 

Associate Member Info  

Advisory Review Forms 

SRA Experience Forms (2,000 hours) 

SRA Experience Forms (3,000 hours) 

 

Scott Hivnor, SRA

Residential Guidance Chair

 

Call for Designated Members to Update Online Directory  Listing  with Expanded  Professional Services Information Feature

 

To assist designated members in marketing their services through the online Directory on the national web site, the Appraisal Institute offers the opportunity to create an expanded Member Profile that encompasses business services and other background information.

 

Click here Log-in Page Members Only to access, create or update Member Profile currently displayed in your Directory listing. 

 

Directory Listing Information features include:

 

Ø      Primary and Secondary Market Areas

Ø      Business Services

Ø      Property Types and Subcategories

Ø      Primary Practice Focus

Ø      Other Professional Affiliations/Designations

Ø      Formal Education

Ø      Languages

Ø      Upload Member Photo (type: jpg   size: 150 x 150)

Ø      Add new data on State Licensing

Ø      Available for Fee Assignment

 

Please keep in mind the requirements of the Appraisal Institute's Code of Professional Ethics, particularly Ethical Rule 1-3 relating to competency and Canon 5 and its Ethical Rules relating to advertising and solicitations. Please also keep in mind the Competency Rule of the Uniform Standards of Professional Appraisal Practice (USPAP).

 

Email info@aiohio.org for questions, comments or telephone assistance.

 

Member News

Space available in appraisal office

Space available in appraisal office with two residential appraisers’.  10 x 12 room and a secretarial area available. Asking $350 which includes DSL, copier and fax machine. Located on Mayfield Road near Richmond Road.  Call Rick Costanzo,SRA  for more details. 216-409-9964

 

Industry News

Members are encouraged to submit articles of industry interest to the attention of Chapter Publications at info@aiohio.org

 

News from The Google Earth Blog – The Amazing Things About Google Earth

Google Earth Free/Plus License Change: Allowed in Businesses

Ed. note: This from Frank Taylor's Google Earth Blog.

It appears Google did slip in one more little thing with the Google Earth 4.2 (beta) which I hadn't noticed yet. The new release notes were just posted, and there is a line "Expanded terms of service for Free and Plus products". That's right, Google has finally fixed a problem a lot of people have been complaining about: using the free Google Earth in a business office setting (previously not allowed by the license). Sure enough, when you first go to download Google Earth 4.2, you're presented with new license terms.

 

An Economic Analysis of Real Estate Conservation Subdivision

By Alan K. Reichert, PhD, and Hsin-Yu Liang

Continued >

 

Articles Authored by Local Chapter Members

 

Economic Impact Study Affects Hospitality Project Financing Options

By David J. Sangree, MAI, CPA, ISHC

 

Summary:

Economic impact studies demonstrate the economic benefits and desirability of hospitality projects

• Government entities may provide financial incentives for a project when they are presented with its benefits

• Economic impact comes from both short term and long term effects

Continued >

 

Integrating Real Estate Property Information Data Standards into Financial Business Processes
By John Cirincione, SRA,CRE,FRICS


Abstract: This paper explores the requirements and solutions for integration of real estate property information data standards into financial industry business processes, and the necessity of adoption. Most business processes do not benefit from open data standards because they are locked within proprietary systems. A commitment to adopt open data standards has the potential to leverage current Information Technology (IT) investments with dramatic improvement in unforeseen ways. However, with data standards, other factors related to technical interoperability, understanding of a given business process, and education are crucial for optimum success. This paper addresses how the Mortgage Industry Standards Maintenance Organization (MISMO) operates with the mission to develop, promote, and maintain open specifications for real estate information as a data standards body to facilit