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Author Question: The process of determining an opinion of value by a licensed appraiser, which is used by a lender to ... (Read 87 times)

ashley

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on: Aug 3, 2018
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


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C.mcnichol98

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Reply #1 on: Aug 3, 2018
Answer to Question 1

D

Answer to Question 2

A


ashley

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Reply #2 on: Aug 3, 2018
Both answers were spot on, thank you once again


C.mcnichol98

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Reply #3 on: Aug 3, 2018
Great! Please up vote :D


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