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basic appraisal procedures

This class was created by Brainscape user Heather Rhoden. Visit their profile to learn more about the creator.

By: Heather Rhoden
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Decks in this class (16)

Part 1 Quiz
There are valuation scenarios in ...,
The appraiser s collection of sup...,
Which of the following would be a...
16  cards
Part 1 Vocab
The party or parties who engage b...,
An assignment specific assumption...,
Data that relates to the four for...
21  cards
Part 2 Vocab
One of the 6 procedures for analy...,
One of the 3 approaches to valuat...,
One of the 6 procedures for analy...
15  cards
Part 3 Vocab
The conversion of income into value,
A ratio of one years net operatin...,
A method used to convert an estim...
10  cards
Part 4 Vocab
The ratio between the sale price ...,
A ____ is a multiplier used inste...,
The formula in direct capitalizat...
11  cards
Part 5 Vocab
The actual rental income specifie...,
Total base rent or minimum rent s...,
Operating expenses such as proper...
20  cards
Part 7 Vocab
No part 6 vocab (part 6 is applying part 5)
14  cards
Part 8 Vocab
The most commonly used cost estim...,
This is not a true cost estimatin...,
Expenditures for the labor and ma...
15  cards
Part 11 Vocab
No Part 9 or 10 terms for final exam
14  cards
Part 12 Vocab
What makes something functionally...,
Diminished utility of a structure...,
A loss in value from defects in d...
11  cards
Part 13 Vocab
A method of estimating land value...,
The effect on value produced by a...,
The characteristics or attributes...
9  cards
Part 14 Vocab
The effect on value produced by a...,
The time a property was available...,
Appraisers can get flood insuranc...
9  cards
Part 15 Vocab
Non market financing can affect t...,
List the elements of comparison i...,
____ financing can affect the sal...
5  cards
Part 17 Vocab
No part 16 vocab, just become familiar with the term MLS and any other terms found on MLS data sheet
11  cards
Part 20 Vocab
No Part 18 or 19 Vocab
11  cards
Final Review - Problem Questions
Intended use affects both apprais...,
A prospective appraisal has an ef...,
While appraising an income proper...
56  cards

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basic appraisal procedures

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