laurielutton
Sophomore Member
- Joined
- Apr 8, 2008
- Professional Status
- Licensed Appraiser
- State
- California
Hello all and Happy Friday!
This is my first post so I sure hope this works. I am working on an appraisal for a property that indicates on the tax record that it is a condo ( looks like a condo located in a condo development ). However, the apn # ends in 00 and it has lot and tract for the legal discription. There is an HOA. I have put this report on the SFR form with the PUD box checked. There is only 1 closed sale in the past 3 months inside this development that I can use as a comp, the other comps are from the development down the street. These all show signs ( apn # and legal discription ) as being a condo. Can I still use these as comps for my subject even though my subject appears to be a PUD?
Thanks in advance for any help!
This is my first post so I sure hope this works. I am working on an appraisal for a property that indicates on the tax record that it is a condo ( looks like a condo located in a condo development ). However, the apn # ends in 00 and it has lot and tract for the legal discription. There is an HOA. I have put this report on the SFR form with the PUD box checked. There is only 1 closed sale in the past 3 months inside this development that I can use as a comp, the other comps are from the development down the street. These all show signs ( apn # and legal discription ) as being a condo. Can I still use these as comps for my subject even though my subject appears to be a PUD?
Thanks in advance for any help!