Examination of Appraisal Approaches
In 200 words, explain the differences between the cost and sales comparison approaches in appraising properties. Is there a place for both approaches? When would each be most appropriate?
Business versus Financial Risk
In 200, fully answer the following question. Assuming that you were interested in purchasing an income producing property which types of risk are most important to you? Should they each receive equal weighting when analyzing real estate? Why or why not?
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