The Valuation Process Flashcards
1
Q
Tones of value
A
2
Q
Adjustments
A
3
Q
Comparable is – the concept of substitution
A
4
Q
Criteria for valuing
A
5
Q
Pulling the elements together
A
6
Q
What drives house prices?
A
7
Q
Property supply and demand graph
A
8
Q
The valuation process pre inspection
A
9
Q
The Valuation process pre-inspection 2
A
10
Q
The valuation process – on-site
A
11
Q
The valuation process - post inspection
A
12
Q
Desktop preliminary inspections
A
– Establish what is going on in the locality
- Establish the tone of value
– Establish the type of property –
- Then review if you are competent to do the work – it is not too late!
13
Q
Desktop valuation - Check list of items
A
14
Q
Condition relative to lending
A
15
Q
Valuation matrix
A
