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Any new construction review appraisers out there?
- Thread starter NC Appraising
- Start date
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Lycabull
Junior Member
- Joined
- May 31, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Kansas
Yup,
I think you pretty much nailed it. Great translation of what CG posted above from the FHA LHB. Too bad everybody doesn't have a consistent policy.
The adjustments for seller concessions for Sales reflects the difference between what the comparables actually sold for with thesales concessions and what they would have sold for without the concessions so that the dollar amount of the adjustments willapproximate the reaction of the market to the concessions.
I think you pretty much nailed it. Great translation of what CG posted above from the FHA LHB. Too bad everybody doesn't have a consistent policy.
The adjustments for seller concessions for Sales reflects the difference between what the comparables actually sold for with thesales concessions and what they would have sold for without the concessions so that the dollar amount of the adjustments willapproximate the reaction of the market to the concessions.
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