When employing the sales comparison approach, appraisers must consider numerous adjustments to convert each comparable sale transaction into an approximation of the subject property. Adjustments are divided into two groups: transactional adjustments and property adjustments. All of the following are transactional adjustments EXCEPT:
A) Financing terms
B) Market conditions
C) Conditions of Sale
D) Location
Correct Answer:
Verified
Q3: Adjustments for physical characteristics are intended to
Q4: In real estate markets, a transaction occurs
Q5: The cost approach to valuation assumes the
Q6: Several techniques can be used to obtain
Q7: Favorable mortgage financing may have a significant
Q9: While there is no specific number of
Q10: The sequence of adjustments to the transaction
Q11: It may be appropriate for a real
Q12: As part of the data analysis step
Q13: Most appraisers would say that report writing
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