This topic contains a solution. Click here to go to the answer

Author Question: The process of determining an opinion of value by a licensed appraiser, which is used by a lender to ... (Read 76 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
The process of determining an opinion of value by a licensed appraiser, which is used by a lender to determine the amount to be loaned for the purchase price, is:
 
  a. The discounted cash-flow method
  b. The neighborhood method
  c. The replacement-cost-less-depreciation method
  d. An appraisal

Question 2

When a broker represents both buyer and seller in the same transaction, this is known as:
 
  a. Dual agency
  b. Split agency
  c. Divided agency
  d. Dual brokerage



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

D

Answer to Question 2

A



ashley

  • Hero Member
  • *****
  • Posts: 584
Both answers were spot on, thank you once again




 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library