Question 1: What effect does gentrification have on property valuations in certain urban areas?
Which action should you take?
Question 2: What is the difference between the gross rent multiplier (GRM) and capitalization rate (Cap Rate), and in which scenarios should each be used?
Which action should you take?
Question 3: When evaluating a property in a flood zone, what legal documentation should be included in the appraisal report to ensure compliance with regulations?
Which action should you take?
Question 4: How does a septic system inspection impact the appraisal of a property located in a rural area?
Which action should you take?
Question 5: How do market conditions adjustments impact property appraisal?
Which action should you take?
Question 6: How is the structural integrity of load-bearing walls determined during inspection?
Which action should you take?