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. At a minimum, the Appraiser must include the most recent and relevant sales, preferably within the last six months. Are older stales still relevant in residential appraisal reports?
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