Residential appraiser - Study guides, Class notes & Summaries

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - answerLoan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - answerprinciple of contribution the forces acting on a parcel of land are always affecting the value of the land - answerPRIN...

Residential Appraiser Site Valuation and Cost Approach exam questions with answers

What can proper drainage do for a building site? - Protect the foundation The ______ method converts a single year's expected income (or an annual average) into a market value. - Direct Capitalization Basic property rights include the rights of possession, control, exclusion, enjoyment, and ______. - Disposition What type of value may consumers be interested in if they are looking for the potential rate of return? - Investment Value How are adjustments made in the analysis used in the sa...

Residential Appraiser Site Valuation and Cost Approach Test

3- Residential Appraiser Site Valuation and Cost Approach exam questions with correct answers.

Residential Appraiser Site Valuation and Cost Approach Test

Which of the following would create legally binding acceptance of a written offer? -The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... -Add $22,500 to the sales price of the comparable property. An option to purchase has bee...

Residential Appraiser

Residential Appraiser Site Valuation and Cost Approach

Residential Appraiser Site Valuation and Cost Approach Questions