Understanding the Construction Draw Sheet

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Notes

Cancellation Policy

No cancellation/refunds/credits/transfer 7 days prior to the offering.

Additional Information

Instructor: Lamar Ellis
Lamar Ellis, MAI, SRA, has been appraising residential and commercial real estate for over 30 years,
having begun his career as a staff appraiser and construction loan inspector for a local Atlanta Savings
and Loan Bank in 1989. In 1992, he began working as an independent fee appraiser for local Atlanta
Banks. From 1999 – 2000, Lamar led a construction lending department in Henry County, Georgia for
Main Street Bank.
Lamar Ellis is a member of Region IX’s Atlanta Chapter of the Appraisal Institute and has served as the
Educational Chair, Regional Representative, and on the Board of Directors. In 2010, Lamar earned the
certification of SRA with the Appraisal Institute, in 2011, he became an approved instructor, and in 2014,
Lamar earned the MAI designation with the Appraisal Institute. In 2014 began to develop courses
focusing on Drone Technology and Its Impact on the Appraisal Profession. He has presented in 41 States
and internationally on the benefits of aerial inspections for real estate. In 2023, Lamar earned the
“Outstanding Service” Award from the Appraisal Institute for introducing Drone Technology into Real
Estate Valuation.

Course Roadmap
• Builders Considerations
• Understand the Cost Breakdown Sheet
• Banks Considerations
• Perform 6 On Site Construction Inspections
• Understand the Construction Draw Sheet
• Fill out and complete a Construction Draw Sheet

This course covers primarily a residential construction case study and is intended for real property
appraisers, real estate agents, and anyone else who wants to understand more about how houses are
constructed from a lenders and builder’s perspective. Covered topics include understanding how
builders and lenders interact and performing an inspection of a residential home in Downtown Atlanta.
It is filled with illustrations and photographs, with an emphasis on a case study of a residential home that
was under construction over an 11-month period. it covers the entire process, literally from the ground
up.

Here is a list of the general topics we will cover:
• Choosing a Site
• Site development
• Construction techniques
• Cost Breakdown Sheet
• Construction Draw Sheet
• Construction Inspection

Synchronous/Live Stream via Zoom

Participants are required to have their camera on at all times during CE session.

Photo ID must be submitted to Chapter 2 days prior to session in order to receive CE credit.

CE -  State of CT RE Appraisal 4 hours of CE   -  AI 20 points

Log-in  12:45 pm - 1:00 pm

CE Session  1:00 pm - 5:00 pm

Zoom link to be sent to participants prior to offering

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.