FinancingAppraisal_methodsEASY
The sales comparison approach is most common for SC residential appraisal:
Correct Answer
B) Compares subject to recently sold comparable properties with adjustments
The sales comparison approach is the primary residential appraisal method.
Answer Options
A
Never usedB
Compares subject to recently sold comparable properties with adjustmentsC
Only income methodD
Only cost methodWhy This Is the Correct Answer
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Background Knowledge for Financing
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Related Topics & Key Terms
Related Topics:
appraisal methodscomparable salescost approachincome approachSC Real Estate Appraisers BoardUSPAPadjustments
Key Terms:
sales comparison approachappraisalcomparable salesadjustmentsresidential appraisalSC Real Estate Appraisers Board
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