How does an appraiser identify properties when using the sales comparison approach?
The appraiser must analyze all closed sales, contract sales, and offerings or listings of properties that are the most comparable to the subject property in order to identify any significant differences or elements of comparison that could affect their opinion of value for the subject property as of the effective date
What kind of data does the appraiser collect about the subject property?
Subject property information may be obtained from one or more data sources. The appraiser can accept data, photos, floor plans, and other information from a party who has a financial interest in the sale or financing of the property if the appraiser verifies such data from a disinterested source.
What do appraisers look for when determining a property's value?
A qualified appraiser creates a report based on an in-person inspection, research into recent sales of similar properties, current market trends, and the details of the home, including its size, condition, floor plan, and amenities. The borrower usually pays the appraisal fee, which averages $300 to $450.
What is personal property that is included with real estate called?
What was PNG company's debt to equity ratio for the year 20X1?
1) Current Ratio (for 20X1) = Current Assets / Current Liabilities = $271,100 / $81,600 = 3.32 2) The Correct Option is the 2nd Option = 3.32 Debt to Equity Ratio (for 20X1) = Total Liabilities / Stockholders' Equity = $255,400 / $376,500 = 0.68 Th…