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My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized. I’ve listed below the top search criteria I look at when searching for comps during the appraisal process.

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What is a residential complex property?

Appraisal Today

Santa’s Toy Workshop. If appraisers are required to use any arbitrary number, the result will be less than optimal. Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” Appraisals are ordered after the loan application. Lot: 25 acres. Home type: Single family. Year built: 1822.