Test Bank for Basic Real Estate Appraisal 8th Edition by Richard M. Betts
Test Bank for Basic Real Estate Appraisal 8th Edition by Richard M. Betts
This book provides a clear overview of the profession and basic appraisal techniques, providing a thorough outline of fundamental real estate appraisal theory and practice. This edition highlights the new Uniform Appraisal Dataset (UAD) and gives an update on the Appraisal Reports section, USPAP Reporting Standards, and the URAR Form. Each book is accompanied by a CD that includes a student version of ClickForms[trademark] along with important Fannie Mae and Freddie Mac bulletins regarding requirements and standards.
Table of Contents
Meeting the Author. Preface. Acknowledgments.
l. Real Estate Appraisal and You.
2. Legal Considerations in Appraisal.
3. The Formal Appraisal Process.
4. Focus on Neighborhood, Community, and Market.
5. Real Estate Economics and Value.
6. Property Inspection and Analysis: The Site.
7. Property Inspection and Analysis: The Improvements.
8. The Sales Comparison Approach.
9. Analyzing and Adjusting Comparable Sales.
10. Valuing the Site.
11. Introducing the Cost Approach.
12. Estimating Loss in Value: Accrued Depreciation.
13. The Income Approach.
14. Income Capitalization: Rates and Techniques.
15. Reconciling the Value Estimates.
16. Reporting Appraisal Opinions.
17. Appraising Special Ownership and Interests.
18. The Professional Appraiser.
Answers to Reviewing Your Understanding.
Glossary.
Index.
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