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distressed sale

Thin Comp’s, Flawed Appraisals

Comparing Apples and Oranges:  Case Study #17  I’ve posted previously about how a slow market — combined with a relatively unique property — can bedevil Realtors and appraisers alike trying to estimate a home’s value. That’s because to be valid, a comparative market analysis must include three sales of similar properties no further back than...
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