Can You Adjust for Quality, Condition, and Effective Age?
I just finished reviewing an appraisal report where the appraiser labeled the subject a Q3, and a comp Q2; he then made some pretty hefty adjustments to compensate. “No problem,” I thought “so far as long as the rating and adjustments are supported.” In the commentary, the appraiser made this statement, “Sale 3 is […]
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