1. What's the difference between sales price and value? 2. What is a real view per...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. What's the difference between sales price and value? 2. What is a "real" view per appraisal standards? (It's not an ocean view which can only be seen while standing on a toilet!) 3. Is there a difference in value between a 3 bedroom vs. 4 bedroom home and why? 4. Does the square footage of a detached casita count as part of total Gross Living Area of the main house 5. What is the major difference between the way Realtors and appraisers pull comps? What is required for the best possible comp selection in an appraisal? 6. If a standard sale home is located in a foreclosure market wherein 50% or more of the homes are foreclosures, would standard sale or foreclosure sales comps be used? 7. Why is it important to bracket comps? 8. What are appraiser guidelines regarding non-permitted additions? Do they add to value or subtract from value? 9. What's the impact of sales concessions on appraised value? 10. How are appraisal comps pulled for under- and over- improved properties? 11. Why is it importance of functional utility and good floor plan configuration and how does that impact values? 12. What is the impact of external obsolescence on value? 1. What's the difference between sales price and value? 2. What is a "real" view per appraisal standards? (It's not an ocean view which can only be seen while standing on a toilet!) 3. Is there a difference in value between a 3 bedroom vs. 4 bedroom home and why? 4. Does the square footage of a detached casita count as part of total Gross Living Area of the main house 5. What is the major difference between the way Realtors and appraisers pull comps? What is required for the best possible comp selection in an appraisal? 6. If a standard sale home is located in a foreclosure market wherein 50% or more of the homes are foreclosures, would standard sale or foreclosure sales comps be used? 7. Why is it important to bracket comps? 8. What are appraiser guidelines regarding non-permitted additions? Do they add to value or subtract from value? 9. What's the impact of sales concessions on appraised value? 10. How are appraisal comps pulled for under- and over- improved properties? 11. Why is it importance of functional utility and good floor plan configuration and how does that impact values? 12. What is the impact of external obsolescence on value?
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
1. Summary statistics of holding period returns: We observe the following annual returns on a stock in the past four years. The annual risk-free rate is 2%. Year Realized Return 2017 10% 2018 20%...
-
Consider the following information: Rate of Return if State Occurs State of Economy Boom :57 Bust of Economy .66 .34 Probability of State Stock A .09 .13 Stock B Stock C .03 .19 .24 -.04 a. What is...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
1. Two football fans are listening to the Grey Cup game on the radio, one in Montreal, where the game is being played, the other in Vancouver, 3692 km away. How much sooner does the Montreal fan hear...
-
What is homoplasy and why does it create problems for molecular phylogenetic analyses?
-
As an accountant for the Lee Company, your supervisor gave you the following calculations of the gross profit for the first quarter: The three alternative cost flow assumptions are FIFO, Average, and...
-
A cash receipts journal and a cash payments journal are provided in the Working Papers. Source documents are abbreviated as: check, C; receipt, R. Your instructor will guide you through the following...
-
Three years ago, the Oak Street TCBY bought a frozen yogurt machine for $11,200. A salesman has just suggested to the TCBY manager that she replace the machine with a new, $13,500 machine. The...
-
A teacher wants to study the amount of times her students play video games. She randomly selects 50 of her students and asks them "How minutes a day do you play video games?" (a) Identify the...
-
Problem 3. Saadat has just intercepted the following ciphertext. He knows that it was encrypted using simple substitution and that the corresponding plaintext contains the word METER. Help Saadat...
-
Two identical balls of 3 g are suspended from threads of length 1.21 m and carry equal charges as shown in the figure. Each ball is 1.2 cm from the centerline. m X ChargeMag Losing Charge 0 | dq/dt=...
-
Identify one nursing diagnosis for each personality disorder and write expected outcome for each of the identified nursing diagnoses. Paranoid personality disorder Schizoid personality disorder...
-
What are accruals? Examples? How can accruals be used to alter or manipulate financial statements? Or cover fraud?
-
Sludge has been mechanically dewatered to 20 % total solid content. From total solids, 75% is organic matter (VS) and 50% of organic matter is assumed to be biodegradable (BVS). It is assumed that...
-
Discuss the key features of antisocial personality disorder. b.Discuss the key features of borderline personality disorder. c.Discuss the key features of histrionic personality disorder. d.Discuss...
-
In Japan, the government sets the price of healthcare. Each prefecture has a different set of prices, so that for example, Tokyo has higher prices than Kumamoto. Suppose we know the following...
-
Study the pictures/images below. Obviously these was focus on LT sociology, anthropology and poltical science. Try to do some analysis by finding clues that are synonymous with the main concepts....
-
Throughput Costing, Variable Costing and Absorption Costing The following data relates to year 20XX for Plano Manufacturing Company: Required: (a) Calculate cost of goods sold under throughput...
-
What is the role of the cost accountant in making project planning decisions?
-
Give some examples of decision making situations in which qualitative factors may affect management's choice of alternatives.
Study smarter with the SolutionInn App