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QUESTION 31 Jenna Jones has applied for a mortgage loan from the Bank of Mississippi. The bank requested from you an appraisal of the property

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QUESTION 31 Jenna Jones has applied for a mortgage loan from the Bank of Mississippi. The bank requested from you an appraisal of the property using the sales comparison approach. Elements of Comparison Subject Como Sale 1 Comp Sale 2 Comp Salo 3 Physical Characteristics: Site Lof size (Acroa) 0.55 0.85 0.45 0.60 Construction Quality Siding Siding Brick Siding Brick Effective age (Yours) 3 6 10 12 Living Area (Square Feet) 1960 2200 2100 1800 Number of Baths 2.5 25 2.5 3 Garage Spaces 2 3 2 2. Porch, Patio Deck (Square Feet) None 200 None 240 Fence, Pool,etc. None None Pool Pool Economics Characterisitos NA N.A. NA N.A. Use Single-family Same Same Same Nonrealty Components None None None None To adjust the price of each comparable property, use the following adjustment suggested by the appraiser: 1. Lot size: 2. Construction quality: 3. Effective age: 4. Living area: 5. Bath: 6. Garage: 7. Porch, patio, deck area: 8. Pool: $75,000 per acre $0 Siding $2,500 Siding/Brick $5,000 Brick $2,500 per year $75 per square foot $5,000 per bath 10,000 per space $20 per square foot $10,000 per pool eed you to fill in this grid for the appraisal: MacBook Air Subject Comparatie Comparte 2 Comparable 3 Elements of Comparison Property Adjustment for Location Physical Characteristics Site Construction quality Effective age Living area Baths Garage Porch, patio, dock Fence, pool, etc In the space below, fill in the values with the appropriate sign (+/-) that would adjust our comparable properties Note, you do not have a table in your answer space, so please let them in the order below, and place the appropriate sign prior to the number including subject. Example 1. 0; +500:-1000, 1500 2.0: -250; +500, 500 For the toolbar, press ALT F10 (PC) or ALTHFNF10 (Mac). B TVs Paragraph Arial 14px E A + I K 9 > >

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