Has anyone started using bank owned sales in their appraisals? i know they are not qualified but I have a few homes I'm appraising in a new development. There are three qualified within the past six months that were contracted much earlier and I feel that value is not near that. The homes I am appraising are listed for much lower than the value i am coming up with using these three sales. I want to use the bank owned sales I have in the neighborhood because realistically that is the value in the nbd. Let me know what you think!! BTW - How can I change the professional status on my profile?