The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight
Concept Appraisals
JULY 11, 2023
In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. The guidelines from FHA specifically state “The Appraiser must include as many comparable properties as are necessary to support the Appraisers analysis and conclusion.
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