Why is an Appraiser Asking Me About an Old Comp?
Portland Appraisal Blog
AUGUST 8, 2020
“Why is an appraiser asking me about an old comp?” The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. I’ve had to use nine comps on occasion.)
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