The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight
Concept Appraisals
JULY 11, 2023
Are older stales still relevant in residential appraisal reports? An older sale may be more appropriate in situations when market conditions have impacted the availability of recent sales as long as the appraisal reflects the changing market conditions. The answer isn’t as simple as black and white.
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