The appraisal function is purely objective; an appraiser's judgment is not part of the decision process.
Correct Answer:
Verified
Q6: One concern of appraisers when using the
Q7: Cluster analysis using location quotients and/or employment
Q8: A housing bubble occurs when there is
Q9: If mortgage interest rates increase,demand for purchased
Q10: A location quotient is the ratio of
Q12: If the cost of rental housing increases
Q13: Potential investors,in analyzing the profit potential for
Q14: When using the cost approach to valuation,current
Q15: Mortgage interest and property taxes are deductible
Q16: Assume that houses in an area appreciate
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