- Jan 29, 2008
- Professional Status
- Certified Residential Appraiser
I am appraising a property and what appears to be one of the best comps has "Contract" in the financing section. I have never seen this and am not sure what it means. My first guess is that it is some sort of seller financing but am not sure. If it is seller financing is it still considered a closed sale? MLS has it as closed. Nothing recorded with assessor but that is typical as it is a recent sale and properties usually take about 3 months to hit county records. Any help would be appreciated. Listing agent hasn't returned my calls.