4 points Jane Jones has applied for a mortgage loan from the Bank of Mississipp. The...

 

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4 points Jane Jones has applied for a mortgage loan from the Bank of Mississipp. The hark requested from you an appraisal of the property ining the sales comparison approach (points) Elements of Comparison Subject Comparable 1 Comparable 2 Comparable. Sales Price of Comparable $172,000 $163,000 Transaction Adjustments Property rights conveyed Financing terms Conditions of sale Expenditure inmed, after purchase Market Condition (Sale date Months Prior) Adj. for market conditions (Months Prior Sale Adjusted price $176,000 Fee Simple Same Conventional Same Arms Length Same None None Today 0 Same Same Same None 4 Same Same Same None 12 m MA wing quezond to fill in the highlighted areas of the appraisal 1. Put in the value adjustments for the market conditions in order from left to right, as if they were in cach comparable sale column for 1, 2, and 3 with the appropriate +/ Agn Example $200, $200 $300 2. What are the values of the comparable sale properties after the market condition adjustments? (in order from left to right, as if they were in each comparable sale column fox 1,2, and 3) Example $100.000, $120,000, $90,000 For the toolbar, press ALTF10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph M Arial x²x₂ & F EBHE TO) OO! M. The 14px £ Chick Saw and Submit to satir and submit Cliol Save All Answers to see all anners. M GEM EV AV ** ✓ ΠΩΘΗ ~I X BB ED 636.9 GO Sty All Antwer 田田金时 Cose Wind Save and Subme 4 points Jane Jones has applied for a mortgage loan from the Bank of Mississipp. The hark requested from you an appraisal of the property ining the sales comparison approach (points) Elements of Comparison Subject Comparable 1 Comparable 2 Comparable. Sales Price of Comparable $172,000 $163,000 Transaction Adjustments Property rights conveyed Financing terms Conditions of sale Expenditure inmed, after purchase Market Condition (Sale date Months Prior) Adj. for market conditions (Months Prior Sale Adjusted price $176,000 Fee Simple Same Conventional Same Arms Length Same None None Today 0 Same Same Same None 4 Same Same Same None 12 m MA wing quezond to fill in the highlighted areas of the appraisal 1. Put in the value adjustments for the market conditions in order from left to right, as if they were in cach comparable sale column for 1, 2, and 3 with the appropriate +/ Agn Example $200, $200 $300 2. What are the values of the comparable sale properties after the market condition adjustments? (in order from left to right, as if they were in each comparable sale column fox 1,2, and 3) Example $100.000, $120,000, $90,000 For the toolbar, press ALTF10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph M Arial x²x₂ & F EBHE TO) OO! M. The 14px £ Chick Saw and Submit to satir and submit Cliol Save All Answers to see all anners. M GEM EV AV ** ✓ ΠΩΘΗ ~I X BB ED 636.9 GO Sty All Antwer 田田金时 Cose Wind Save and Subme

Answer rating: 100% (QA)

Market Condition Adjustment To adjust the comparable sale prices for market conditionswe can use the ... View the full answer