Basic Appraisal Procedures Questions and Answers 100% pass | graded A+
8 Steps in the Valuation Process - 1) Define the problem 2) Determine scope of work 3) Gather, record and verify the data 4) Determine the highest and best use 5) Estimate the land value 6) Estimate value by each of the 3 approaches (if applicable) 7) Reconcile the estimated values into the final opinion of value 8) Report the final opinion of value Defining the Problem: 6 Sub-steps within - -Identification and location of the real estate -Identification of the property rights -Definition of value -Purpose and intended use of the appraisal -Effective date of the opinion of value -Any special limiting conditions
Escuela, estudio y materia
- Institución
- Basic Appraisal
- Grado
- Basic Appraisal
Información del documento
- Subido en
- 23 de enero de 2024
- Número de páginas
- 38
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
basic appraisal procedures questions and answers
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