Basic Real Estate Appraisal

/*8596G-8, 0-13-085967-2, Betts, Richard M., and Ely, Silas J., Basic Real Estate Appraisal, Fifth Edition*/ Based on the authors' combined wealth of both professional and academic experience, Basic Real Estate Appraisal, Fifth Edition provides a thorough outline of the most up-to- date appraisal theory and practice for readers, real estate professionals, and consumers. Both simple and complex subjects are covered in terms that are easy to understand yet accurate. Coverage references and explains the Uniform Standards of Professional Appraisal Practice, introducing all of the appraisal related topics listed in the educational requirements for universal state licensing and certification. The role of computers in modern appraisal techniques is described, with a generous cross-section of weblinks listing appraisal-related data resources, offering readers current information in this field as well as extended resources from the Internet. The latest edition of USPAP is reflected and referred to throughout material. EDI (Electronic Data Interchange) appraisal reporting and the Underwriter program's abbreviated versions of URAR are introduced. The new national standards for FHA/HUD loan appraisals are discussed. Coverage is included of all the appraisal-based topics typically found in state appraiser licensing and certification exams. Written in a clear, concise, conversational manner, presenting information for readers and instructors in a format in which concepts are easily understood and taught. A complete system of learning paradigms is provided in each chapter, providing readers with logically-divided material opening each chapter with a preview paragraph and statement of learning objectives and concluding with a comprehensive summary, a list of important terms and concepts, and chapter review questions with answers at the end of the book. A comprehensive glossary of terms used in appraisal, finance, and general real estate is included. For real estate professionals.