Real Estate Appraisal, Pre Licensing Class, Part 1 with Rob Rosa скачать в хорошем качестве

Real Estate Appraisal, Pre Licensing Class, Part 1 with Rob Rosa

Real Estate Appraisal, Pre Licensing Class, Part 1 with Rob Rosa I. Appraising A. Appraisal* opinion of value based on supportable evidence and approved methods B. Regulation of appraisal activities—Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) requires appraisals that are part of a federally related transaction to be performed by a state-licensed or state-certified appraiser. C. Appraiser qualifications D. Organizations for appraisers E. Comparative market analysis (CMA) F. Broker’s price opinion*less expensive alternative for evaluating property often used by lenders working with home equity lines, refinancing portfolio management, and collections; many are simply “drive-bys” that verify existence of the property, along with a listing of comparable properties. II. The Appraisal Process (See Figure 16.1) A. Define the problem*what type of value is being sought? B. Determine the scope of work. C. Gather, record, verify, and analyze the necessary data. D. Form opinion of value by each of the three approaches. G. Reconcile values for the final opinion of value. H. Report final opinion of value. I. The Uniform Residential Appraisal Report (see Figure 16.2) III. Value*monetary worth based on desirability A. Characteristics of value (DUST) B. Market value C. Market value versus market price D. Market value versus cost E. Basic principles of value*primarily economic principles IV. The Three Approaches to Value A. The sales comparison approach B. The cost approach C. The income approach*based on the present value of the rights to future income D. Reconciliation*obtaining the final opinion of value by analyzing and weighing the findings from the three approaches The real estate information reviewed in this class is industry standard for real estate education nation-wide, through out the United States. Whether preparing for a state licensing examination, fulfilling a college or university requirement, lookin for specific guidance about buying, selling or renting a home, buying an investment property or simply expanding your understanding of real estate. We also review Connecticut's (CT) real estate laws and rules for towns such as Andover, Ansonia, Ashford, Avon, Bantam, Barkhamsted, Beacon Falls, Berlin, Bethany, Bethel, Bethlehem, Bloomfield, Bolton, Bozrah, Branford, Bridgeport, Bridgewater, Bristol, Broad Brook, Brookfield, Brooklyn, Burlington, Canaan, Canterbury, Canton, Chaplin, Cheshire, Chester, Clinton, Colchester, Colebrook, Collinsville, Columbia, Cornwall, Coventry, Cromwell, Danbury, Danielson, Darien, Deep River, Derby, Durham, East Granby, East Haddam, East Hampton, East Hartford, East Haven, East Lyme, East Windsor, Eastford, Easton, Ellington, Enfield, Essex, Fairfield, Farmington, Georgetown, Glastonbury, Goshen, Granby, Greenwich, Groton, Guilford, Haddam, Hamden, Hampton, Hartford, Harwinton, Hebron, Higganum, Jewett City, Kent, Killingworth, Lebanon, Ledyard, Litchfield, Madison, Manchester, Mansfield Center, Marlborough, Meriden, Middlebury, Middlefield, Middletown, Milford, Monroe, Montville, Moodus, Moosup, Morris, Mystic, Naugatuck, New Britain, New Canaan, New Fairfield, New Hartford, New Haven, New London, New Milford, Newington, Newtown, Niantic, Norfolk, North Branford, North Granby, North Grosvenordale, North Haven, North Stonington, Norwalk, Norwich, Oakville, Old Lyme, Old Mystic, Old Saybrook, Orange, Oxford, Pawcatuck, Plainfield, Plainville, Plymouth, Pomfret, Poquonock, Portland, Preston, Prospect, Putnam, Redding, Ridgefield, Rocky Hill, Roxbury, Salem, Salisbury, Scotland, Seymour, Sharon, Shelton, Sherman, Simsbury, Somers, South Windham, South Windsor, South Woodstock, Southbury, Southington, Stafford, Stamford, Sterling, Stonington, Stratford, Suffield, Tariffville, Terryville, Thomaston, Thompson, Tolland, Torrington, Trumbull, Voluntown, Wallingford, Washington, Waterbury, Waterford, Watertown, Wauregan, Weatogue, West Hartford, West Haven, West Simsbury, Westbrook, Weston, Westport, Wethersfield, Willimantic, Willington, Wilton, Winchester Center, Windham, Windsor Locks, Windsor, Winsted, Wolcott, Woodbridge, Woodbury, Woodstock For more real estate ideas, subscribe to my YouTube Channel!    / mrtriplestar   Where I hang out online...   / robrosarealtor   http://ctrealestateselling.com http://ctrealestateschool.info   / robrosa     / ctlivingwithrobrosa   http://robertrosa.bhhsneproperties.com Rob Rosa is a licensed real estate broker in CT Berkshire Hathaway HomeServices New England Properties 1160 Silas Deane Highway, Wethersfield, CT 06109