“Accurate Real Estate Appraisal of Factory-built Homes”
Provided through: Kentucky Association of Real Estate Appraisers
Submitted to the Kentucky Real Estate Appraisers Board for certification as a
course for continuing education
This course is organized to build capacity to perform appraisals for various kinds of factory-built homes. Understand the differences between pre-HUD Code mobile homes, manufactured homes and modular homes. Develop competence to complete the Appraisal Assignment and document if the home meets the minimum standards of major lenders. Know what to look for in an existing home or in a set of plans/home order. Understand the variety of values and what information is available; third party certified and independently verifiable. Competence to value factory-built homes using both the cost approach and comparables.