Encompass Home Appraisals
How long has Encompass Home Appraisals been in business?
A. 2 years
B. 6 years
C. 11 years
D. 20 years
C. 11 years
How many years of experience do you need to become a certified appraiser in Indiana?
A. 1 year
B. 2 years
C. 5 years
D. 10 years
B. 2 years
An appraisal can be defined as ‘The act or process of developing ________’?
A. a report showing the amount of value.
B. an opinion of value.
C. a requested dollar amount of value.
D. a dollar amount equal to the cost of the house.
B. an opinion of value.
Which county is not in our service area?
A. Delaware
B. Jay
C. Madison
D. Lake
D. Lake
Which requirement is not part of the certification process?
A. Bachelor’s Degree
B. 2,500 hours of Experience
C. State Certification Exam
D. 10 years of Experience
D. 10 years of Experience
What improvement would most likely add value to a property?
A. Landscaping the entire property
B. Fresh coat of paint in all the rooms
C. A 500 square foot room addition
D. Adding an enclosed porch
C. A 500 square foot room addition
Which type of service does our company not offer?
A. Estate appraisal
B. Commercial building appraisal
C. Divorce appraisal
D. Value Consultations
B. Commercial building appraisal
What are the federal laws called that appraisers must follow?
A. USPAP
B. URAR
C. DOM
D. FIRREA
A. USPAP (Uniform Standards of Professional Appraisal Practice)
Which of the following is not a main factor in determining market value?
A. Color of exterior
B. Location
C. Square footage
D. Condition
A. Color of exterior