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Typically, this area comprises homes that are similar in terms of age, quality, design, appeal, price range, school system, and transportation access points, among other factors. If that is not possible then look elsewhere but keep in mind that the other areas you look at should meet the definition of a competitive market area.
Kiedrowski The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgageappraisal process. Is it an appraisal issue? Is it an appraisal issue?
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