WadeKoutnik
Sophomore Member
- Joined
- Feb 27, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Florida
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Subject is in a high dollar golf community. I have plenty of sales from 10-12 months ago. However, the only ones within 6 months are not in public records. There are 4 of them where the buyers bought the land 2-3 years ago and then made a second transaction to build the home on the property that closed within the last 3-4 months.
Obviously, I would rather use the most recent sales, however, can I? and How do I determine the sales price or adjustment for land owned?
The sales office in the neighborhood is where I got my info from.
OK here is the original message. They deleted the wrong one...
Subject is in a high dollar golf community. I have plenty of sales from 10-12 months ago. However, the only ones within 6 months are not in public records. There are 4 of them where the buyers bought the land 2-3 years ago and then made a second transaction to build the home on the property that closed within the last 3-4 months.
Obviously, I would rather use the most recent sales, however, can I? and How do I determine the sales price or adjustment for land owned?
The sales office in the neighborhood is where I got my info from.
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