When the appraiser has decided to use the market approach, which of the following conditions would disqualify a sale as a fair market value transaction?
A) Low down payment followed by below-average interest rates on the balance due
B) Seller who was not in a hurry to sell
C) VA sale
D) Neighbor's house sold for a higher amount
Correct Answer:
Verified
Q9: Net operating income on rental property is
Q10: Which appraisal method would be most useful
Q11: The amount of money required to duplicate
Q12: An office building is on a lot
Q13: A residential lot purchased 3 years ago
Q15: Depreciation resulting from the closing of a
Q16: When real property loses value due to
Q17: If an appraiser felt some comparable sales
Q18: An office building is on a lot
Q19: The most commonly used methods of real
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents