Appraisals Sae Exam - Questions & Answers (Rated A+) 100% Guaranteed Best Update 2024

Which approach might an appraiser weigh more heavily while reconciling the appraisal value of a vacant lot? {Ans: Sales comparison The sales comparison approach, because it would yield the most useful information about the market value of similar vacant lots.}The US census Bureau is a good source of what type of data needed by appraisers? {Ans: General Data The Census Bureau provides demographic information that appraisers need to understand social trends in the market.}How many approaches to value do appraisers generally use? {Ans: Three}Maggie ,an appraiser, has been asked to do an appraisal on a specific property that has been put up for sale. Maggie is identifying fixtures in the back yard. WHich of the following will she mark as a fixture in her report? {Ans: Built-in sandbox}Appraisers use two ways to capitalize net operating income (NOI) into a value using residual income. These are {Ans: The building residual technique and the land residual technique}Which of the following describes a deed restriction {Ans: Can be placed on a single property, an entire subdivision, or a neighborhood One of these pertains to subdivision regulations, not deed restrictions. Deed restrictions may be placed by a subdivision