#2785 When a developer declares that he or she plans to build a mixed-use development, which includes a beautiful shopping mall, and this development will occur adjacent to your lot which is zoned commercial, property values start to increase because of the developers project. When the propert
...
06/23/2014
#2784 When an appraiser is using an income approach to value mortgage payments are generally figured in as part of the property's operating expenses. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Mortgage payments are not considered
...
06/23/2014
#2783 When an appraiser considers the early phases of a property's life cycle they're referring to the phase which is commonly referred to as the phase of appreciation. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The phase they're
...
06/23/2014
#2782 When we speak of the highest and best use of a property we're generally speaking of the best way that a property could benefit the community and satisfy the needs of the neighborhood. is this fact true or false. Please remember to take your time. The solution is posted below the wildlife ph
...
06/23/2014
#2781 The Uniform Standards of Professional Appraisal Practice endorse the use of letter reports when communicating with a client. Is this fact true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. False Letter reports are not acceptable to the USPAP. Let
...
06/23/2014
#2780 Appraisals are performed so that the seller and the broker can determine a fair sales price for the property. Is this true or false ? Take your time. the solution is posted below the wildlife photo. A. False Appraisals are usually performed in order to determine the market value of the
...
06/22/2014
#2779 When a comparative market analysis is prepared it uses an approach much like the method used in the income approach to appraisal. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False A comparative market analysis or cma most closely follow
...
06/22/2014
#2778 An appraisal is generally considerd to be based on value according to a specific calendar and time element imposed on the various factors involved in estimating value. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. True An appraisal is a
...
06/22/2014
#2777 A house had been appraised for the loan at $516,000 and the sales price is $510,000. The loan-to-value ratio is 85%. What is the eligible amount of the loan based on this loan-to-value ratio ? How much additional money will the buyer have to bring to the closing table based on the loan-to
...
06/22/2014
#2776 If a lender wants to produce a better yield on a loan the lender may increase the loan amount by 3% which will be paid at the closing table as a charge known as an origination fee. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. Fa
...
06/22/2014
