Real Estate Appraiser Exam Secrets Study Guide: Real Estate Appraiser Test Review for the Real Estate Appraiser Exam (Mometrix Secrets Study Guides)

ISBN: 161072805X

Author: Real Estate Appraiser Exam Secrets Test Prep Team

Condition: New

Get the test prep help you need to become a licensed real estate appraiser.The Real Estate Appraiser Exam is extremely challenging and thorough test preparation is essential for success. Real Estate Appraiser Exam Secrets Study Guide is the ideal prep solution for anyone who wants to pass the Real Estate Appraiser Exam.Real Estate Appraiser Exam Secrets Study Guide includes:A thorough review of the Real Estate Appraiser Exam A guide to influences on real estate An examination of economic principles An in-depth look at real estate markets and analysis An analysis of valuation process A breakdown of the highest and best use analysis An extensive review of appraisal statistical concepts A guide to sales comparison approach An analysis of income approach An examination of valuation of partial interests An in-depth look at appraisal standards and ethics It's filled with the critical information you'll need in order to do well on the test: the concepts, procedures, principles, and vocabulary that the state licensing boards expects you to have mastered before sitting for the exam.The Influences on Real Estate section covers:Influence of federal and local governments Problem areas and health risksThe Economic Principles section covers:Principle of anticipation Principle of change The Real Estate Markets and Analysis section covers:Fee-for-services Internet affects on communication Sources of capitol Construction loans The Valuation Process section covers:Definitions Appraisals problem Subdivision developmentThe Highest and Best use Analysis section covers:Physically possible "Highest and best use" The Appraisal Statistical Concepts section covers:Important terms Determining monthly principle and interest rates Values for income producing propertiesThe Sales Comparison Approach section covers:Effects of location, conditions of sale, date of sale, and non-reality Types of co-ownership The Income Approach section covers:Steps of the income approach Gross rent and gross income multipliers ReversionThe Valuation of Partial Interests section covers:Timesharing and timeshare estate Uniform condominium act The Appraisal Standards and Ethics section covers:Regulation Z American with disabilities act (ADA) Fair housing act These sections are full of specific and detailed information that will be key to passing the Real Estate Appraiser Exam. Concepts and principles aren't simply named or described in passing, but are explained in detail. The guide is laid out in a logical and organized fashion so that one section naturally flows from the one preceding it. Because it's written with an eye for both technical accuracy and accessibility, you will not have to worry about getting lost in dense academic language.