Appraisals: Using Comps Across a Freeway?
Appraisal Today
DECEMBER 1, 2023
I don’t normally pull comps across a highway In so many cases it’s an awful idea to cross a major road or highway to pull comps because a highway sometimes separates markets that are far different in age, square footage, lot size, architecture, price point, school district, etc…. of loans had appraisals.
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