Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Explain the difference between the date of value, the date of inspection, and the date of the lappraical report Are these dates usualy
1. Explain the difference between the date of value, the date of inspection, and the date of the lappraical report Are these dates usualy the same or are they usually different? 2. Da you believe USPAP alows state-licensed appraisers to estimate values (1) as of a historical date and/or (2) as of a future date? 3. When selecting comparable sales, how far back in time do you think an appraiser should be allowed to go? Would your answer vary depending on the type of property being appraised? 4. Can you think of any instances where an appraiser might use comparable sales that sold after the date of value for the subject property? If so. can you provide some examples of when this might occur?
Step by Step Solution
★★★★★
3.39 Rating (155 Votes )
There are 3 Steps involved in it
Step: 1
Q1 a Date of value A value date is a future date that is used for determining the present value of a ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started