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Question
A comparable property has a feature that is superior to the subject property. What adjustment would be made in the sales comparison approach to value?A. Value of the feature would be subtracted from the sales price of the comparable property
B. Value of the feature would be added to the sales price of the comparable property
C. Value of the feature would be subtracted from the value of the subject property
D. Value of the feature would be added to the value of the subject property
Answer
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Related questions
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A mortgage pass-through bond (MPTB) can be described by all of the following except:
A. anMPTB can be viewed as a mortgage-backed bond with the pass-through of principal and prepayment features of a mortgage pass-through security.
B. most MPTBs are based on residential mortgage pools and are generally overcollateralized.
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The standard PSA prepayment curve referred to in (TF 18-19) is known as a 1 percent PSA.
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D. No taxes have to be paid on funds received by additional borrowing.
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When an investor does an investigation when considering acquisition of a property, this is referred to as:
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Which of the following is FALSE concerning Negative Amortization:
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Which of the following is TRUE regarding the incremental Cost of Borrowing :
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Given that every other factor is equal, which of the following ARM will have lowest expected cost?
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B. An appraisal confirms value
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Q:
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Q:
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Q:
Using only the information above, what would the IRR be for an investment that cost $500 in period 0 and was sold for $750 in period 5?
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Q:
Which of the following statements is true about foreclosure?
A. In judicial foreclosure, property subject to attachment and execution is limited to the mortgaged property
B. If the sale of the mortgaged property realizes a price above the claims of the mortgage and expense of the sale, the balance goes to the mortgagor
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Q:
One of the following is not tax deductible for homeowners:
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D. maintenance expenses