- Feb 24, 2005
- Professional Status
- Certified Residential Appraiser
I am doing a review on a manufactured home from 8 years ago. In reviewing the comps it appears all the comps were land/home packages sold through different manufactured home dealers as was the subject. When trying to research the sales of these homes I cannot find any information that corresponds with what the appraiser has on the report as far as sales prices. I searched the forum and found a couple threads about this, but didn't find a real consensus as to whether these *comps* are legitimate to use. To me it seems they wouldn't be legit sales due to the homes were most probably sitting on the lot and when they picked the home they would then pick out a lot to put it on thus creating a sale. Am I wrong in my thinking? If I am right in what I am thinking where can I find this written to verify this?