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 licensed real estate brokers possess significant knowledge about the market and can provide insights on property values, they are not necessarily qualified to deliver formal appraisals. Their opinions are often subjective and may not adhere to the rigorous standards set for appraisals needed in federally-related loans.

Although all licensed real estate professionals have some understanding of property values, only those with specific appraisal certifications can provide supportable opinions for federally-related loans. This option lacks the qualification necessary to meet the stringent standards required for appraisals recognized by lenders and regulatory bodies.

A Certified Public Accountant (CPA) has expertise in financial matters but is not trained in property valuation. While they may analyze financial data related to real estate, they do not possess the specific appraisal skills or qualifications needed to provide market value opinions for real estate transactions.