Who may give a supportable opinion of market value to be used in seeking a federally-related loan to finance a real estate transaction?

While a licensed real estate broker has knowledge of the market and can provide insights on property values, they are not specifically trained to conduct formal appraisals. Their assessments may lack the rigor and objectivity required for federally-related loan evaluations, making them less reliable for this purpose.

Although real estate licensees can offer opinions on property value, they lack the specialized training and certification that appraisers possess. Their opinions are not considered supportable for federally-related loans, as the lending institutions typically require certified appraisals to ensure compliance with regulatory standards.

A Certified Public Accountant (CPA) primarily focuses on financial matters, tax advice, and auditing services. While they may understand property values as part of financial assessments, they are not trained to provide formal market value opinions in real estate transactions. Therefore, their assessments would not meet the standards needed for federally-related loans.