TERM PAPER BRE-120 INSTRUCTIONS
For this final paper, a client (mortgage lender) has hired you and your appraisal company to appraise a property with a single-family house. This is an important client whom you would like to impress by providing accurate, timely, and relevant facts in your appraisal report. For this assignment, you will bring together all the previous activities you have completed in class, and put them into APA format.The. previous assignments are attached.
You will select and analyze a subject property. You will first locate a residential "subject" property from realtor.com or another qualified source. Then you will complete a standard 1004 appraisal form utilizing the property details, and including 3 nearby, similar, recently sold comparable properties as "comps". Lastly, you will write a narrative appraisal report with your recommendations based on the textbook chapters. The completed 1004 appraisal will be included at the end of the report as Appendix A. This report will also include your professional qualifications. Note your personal name and information will be accurate, but your company name and information can be fictitious (create your own "dream company").
Topic:
“Appraisal Report of Single-Family Property”
Length:
13 - 15 paragraphs (minimum). Each paragraph must be at least 5 sentences. The 1004 Appraisal Report pages MUST BE SUBMITTED as screen shots in the appendix (at the end of the paper).
Citations:
The class textbook (Huber) and the source for a sample property. Other citations may also be included, but all citations must be referenced. Each paragraph in the body of the report should have a citation. Approximately half of the citations should be direct quotes, and the other half should be paraphrased. View APA format: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/general_format.htmlLinks to an external site.
References:
All citations must be referenced on the last page. View APA format: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/reference_list_basic_rules.htmlLinks to an external site.
Appendices:
Insert the pages from your 1004 (Appraisal Form) by COPYING each page and INSERTING in the appendix. On a PC, use the Windows key + Shift key + S key (then release), click and drag the mouse to copy the pages on the screen.
Format:
APA format is required.
APA resource from Purdue OWL: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_style_introduction.htmlLinks to an external site.
Headings:
Please use headings and sub-headings as appropriate. APA format headings: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/apa_headings_and_seriation.htmlLinks to an external site.
Exception:
APA style requires third person voice. However, for this report you may write in first person voice. Please use the pronoun “we” rather than “I” when representing your company.
Grammar and spelling are critical.
Use spell-check, Grammarly, read your paper out loud, take it to the writing center for review, and have a friend proof it for you. Eliminate all errors. Yes, it’s THAT important!
Academic Integrity:
You must write and type your own report in your own words. Any plagiarism or cheating will cost you a “0” on this important paper, and may also result in an “F” or this course – or suspension from the college.
Recycling:
For this paper, “recycling” of your own work is acceptable. You may re-use your own written content from your Activities and Reflection Summary papers which you previously submitted in this class. No citations are necessary.
Template:
A sample template document is ATTACHED below and REQUIRED.
Due Date:
Completed paper, including student name and date, must be submitted here in Canvas by the due date.
SECTIONS:
Title Page
Introduction (1 paragraph) - no citations
Qualifications (2 paragraphs) – no citations required for this section
- YOUR Education; experience; future licensing
Property Specifics (2 paragraphs) – each paragraph must include a citation about the property itself
- Facts; property type; valuation (from citations)
- Suggested resource: LoopNet.comLinks to an external site.
Appraisal Methods (1 paragraph overview of the following 3 sections)
Market Comparison Method (2 paragraphs – each paragraph must include a citation from the textbook)
Income Method (1-2 paragraphs – each paragraph must include a citation from the textbook)
Cost Method (1-2 paragraphs – each paragraph must include a citation from the textbook)
Value Reconciliation (2 paragraphs)
Conclusion (1 paragraph - no citations)
Bibliography (reference page)
Appendix: Completed 1004 URAR appraisal report (see below).
Screen shots: Insert the pages from your 1004 (Appraisal Form) by COPYING each page and INSERTING in the appendix. On a PC, use the Windows key + Shift key + S key. On a Mac, use the Command key + Shift key + 3 (or 4). Then release the keys, click the mouse, and drag diagonally to copy the pages on the screen. Release the mouse after you copy what you want, and then click Control + V to paste the screen shot into your document.
NOTE:
Students, get your paper completed EARLY and submit in Canvas as the assignment “DRAFT of Term Paper DUE”. Please submit a draft of your final paper ONE week prior to the last day of class for instructor review. The draft should include as much of the final paper as you have completed by then. You will submit as a Microsoft® Word® document (or PDF) ATTACHMENT in Canvas. I will review and make suggestions to help you earn full credit on your final paper.
What does that mean for you? It means you must plan ahead and have your paper ready early. By preparing in advance, you also have the opportunity to get feedback. When you follow the instructor suggestions, you have the opportunity to earn a higher grade on your paper.
If you are stuck, you can discuss the paper with me during office hours. I suggest you make an appointment for office hours, as there may be other students wishing to meet with me during office hours towards the end of the class.
CONCLUSION
Although this may initially seem like a lot to write in a report, it is NOT difficult at all. If you look through your textbook and notes, you will see that everything you need is already at your fingertips. As always, I am here for you. Please REACH OUT if you need help with anything! All I ask is that you reach out EARLY and do not wait until the last minute, okay?
TEMPLATE & CHECKLIST
And remember you must use the APA template provided below:
APA Paper Template BRE-120.docxDownload APA Paper Template BRE-120.docx
Student Paper Submission Checklist.pdfDownload Student Paper Submission Checklist.pdf
For this term paper DRAFT, this assignment does NOT count towards your overall class grade. However, you may see a "0", "1", "2", or "3" as the grade, which are actually notification codes. 0 = no draft submitted. 1 = draft submitted, but it is incorrect and needs to be revised substantially. 2 = draft submitted, and it needs only minor edits. 3 = paper was submitted too late for me to review; please also submit this as your final term paper. Please read my feedback in the comments section (which you can access from the Grades page). Once those edits are completed, submit the revised paper as your Final Term Paper assignment.