Property Valuation
In Indiana, a comparative market analysis (CMA) is performed by:
ALicensed appraisers only
BReal estate brokers to provide sellers and buyers with a market-based estimate of property value✓ Correct
CCounty assessors to set property tax values
DMortgage lenders to underwrite loans
Explanation
A CMA is a market analysis prepared by a real estate broker using recent comparable sales to estimate a property's likely market value. It is not an appraisal and may not be used for lending purposes, but it guides buyers and sellers in pricing decisions.
Related Indiana Property Valuation Questions
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