Residential Appraisers Use Only the Sales Comparison Approach to Determine

question 28

True/False

Residential appraisers use only the sales comparison approach to determine value of the homes they appraise.

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Definitions:

Investor Population

The demographic and psychographic composition of individuals or entities that invest in various types of assets.

United States

A country in North America, consisting of 50 states and a federal district, known for its economic and military power.

Entrepreneur Angels

Wealthy individuals who provide capital for startups, usually in exchange for ownership equity or convertible debt.

Active Involvement

Participation that is fully engaged and contributory towards a project or activity.