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Word List:

1.

primarily

2.

substitution

3.

to assume

4.

prudent

5.

to purchase

6.

appraiser

7.

to interpret

8.

comparables

9.

the appraisal report

10.

identical

11.

adjustment

12.

amenity

13.

square footage

14.

superior

15.

downward

16.

likewise

17.

inferior

18.

upward

19.

adjusted

20.

an indicator of value

Черкаський політехнічний технікум Для студентів III курсу, група ОД

Text5. Викладач Кособокова А.В.

Exercises to the text:

Exercise 1. Make up all kinds of questions to the text.

1. ________________________________________________________________

2. ________________________________________________________________

3. ________________________________________________________________

4. ________________________________________________________________

Exercise 2. Translate the following into Ukrainian.

Steps in the sales comparison approach

1. Research the market to obtain information pertaining to sales, listings, pending sales that are similar to the subject property. 2. Investigate the market data to determine whether they are factually correct and accurate. 3. Determine relevant units of comparison (e.g., sales price per square foot), and develop a comparative analysis for each. 4. Compare the subject and comparable sales according to the elements of comparison and adjust as appropriate. 5. Reconcile the multiple value indications that result from the adjustment of the comparable sales into a single value indication.

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Черкаський політехнічний технікум Для студентів III курсу, група ОД

Text № 5. Викладач Кособокова А.В.

Text 6.

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