I sell a variety of paper including AQA papers where each has a merged marking scheme simply buying both papers at a price of one

- ️️An entrepreneur is taking on a development project, and by his calculations, he expects to receive a 25% return on his investment in the project. This 25% figure represents $252,000 - ️️The subject is a 15 year old duplex that would cost $240,000 to build new today. It is in good condition and you estimate the effective age to be 10 years. Your estimate of total economic life is 50 years. Its land value is $60,000. What is its value by the cost approach? leave it as one parcel ...

When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - ️️96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of - ️️mass appraisal What is the most common type of framing currently being used in new homes? - ️️platform frame Fannie Mae re...

When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - ️️96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of - ️️mass appraisal What is the most common type of framing currently being used in new homes? - ️️platform frame Fannie Mae re...

Assumption - ️️That which is taken to be true Effective Date - ️️The context for the appraiser's opinions and conclusions. Effective dates can be current, retrospective, or prospective Exposure Time - ️️Estimated length of time a property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at market value on the effective date of the appraisal. Extraordinary Assumption - ️️An assumption, directly related to a s...

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 ri...

Valuation Process - ️️Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - ️️1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est. value into final opinion value 8. report the final opinion defining problem - ️️Identification and location of the real estat...

"The estimated cost to construct, at current prices as of the effective appraisal date, an exact duplicate or replica of the building being appraised, using the same materials..." is the definition of _______________ cost. - ️️reproduction Footings need to be _______________ below average frost penetration levels. - ️️at least 12 inches GRMs are derived by dividing the __________ by the property's ___________ at the time of sale. - ️️sale price, gross monthly unfurnished mar...

"The age of property that is based on the amount of observed deterioration and obsolescence it has sustained" is the definition of ____________ age. - ️️effective In what type of heating system would you find an expansion tank? - ️️hot water Which of the following would be general data? - ️️mortgage rates, unemployment rates, property tax rates A comparable new house just sold for $440,000. You estimate the value of the site at $90,000 and the cost of the site improvements...

Valuation process - ️️A systematic procedure used in the valuation of real property. Client - ️️The party or parties who engage, by employment or contract, an appraiser in a specific assignment. Steps in Defining the problem - ️️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 Real property - ️️The i...

The most common heating systems in residential construction today are -hot water -heat pumps -forced warm air -electric radiant - ️️hot water A _______________ home has a permanent steel chassis, wheels and axles. -panelized -modular -pre-cut -manufactured - ️️manufactured "The total period a building lasts or is expected to last..." is the definition of _________ life. -useful -expected -real -physical - ️️physical "The actual rental income specified in...