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3) Use bracketing when choosing comps- The technique of using sales that are larger and smaller than the home you are pricing is referred to as bracketing. 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.
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.
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