Question: please select the correct answers for both questions Which is generally true about appraisals in real estate? A. All appraisals must be reviewed by the
Which is generally true about appraisals in real estate? A. All appraisals must be reviewed by the State Department of Consumer Affairs B. An appraisal value once established does not change for a significant period of time often lasting years C. They are estimates generally with an accuracy of a 5-10% D. They are exact numbers because mortgage lenders require certainty before underwing a mortgage E. Appraisals must be conducted by the city or town assessor. Reset Selection 1 Points Question 5 of 15 In conducting an appraisal of a residential property using the comparison method (Comparable) which part of the evaluation would be the most difficult to establish a dollar value? A. Amount of developed space attributed to the basement B. Quality of local health care C. Taxes paid over the last year D. Replacing cost of appliances that are older than 5 years E. Square footage OF. Number of rooms G. Price of houses sold in the recent past
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