Chapter 21 – Introduction to Real Estate Appraisal Flashcards
1
Q
What is the margin of error for appraisals?
A
10%
2
Q
What has to be included with an a home evaluation?
A
A date.
3
Q
Financing options.
This is on the exam
I’m not sure what this means
A
Assessment value
Objective value
Subject of value
Market value
4
Q
What is a special purchaser?
A
Someone who will pay more then someone else might.
