REAL ESTATE VOCABULARY

15. A multiplier which is a rule of thumb method of appraising residential and smaller income properties based on monthly gross income only is called a GROSS RENT MULTIPLIER. 16. A multiplier which is a rule of thumb method of appraising commercial, industrial, or larger residential properties based on annual gross income only is

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Appraisal Review Reminders - Freddie Mac

• If mixed-use property, the property is located in a residential neighborhood, is primarily residential in nature, and is typical for the properties in the market; represents a legal, permissible use of the property under the local zoning requirements; is a 1-unit Primary Residence; if used commercially, the borrower is the owner and

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Florida Study Guide

6 Real Estate License Law and Qualifications for Licensure Objectives Level Main Ideas LEVEL 2 Explain the purpose of Florida real estate licensing law and demonstrate an understanding of its basic provisions Describe both the activities requiring a license, and exemptions to this requirement Describe the types of licensure regulated by the state as well as requirements for …

Section 1.07 Appraisal Guidelines

Section 1.07 October 22, 2021 Appraisal Guidelines Page 3 of 151 Correspondent Seller Guide Broker Seller Guide Overview Introduction The safety and soundness of mortgage loans secured by real estate depends upon the adequacy of the underwriting supporting the transaction.

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