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What Are Comparable Sales? » Mortgage Masters Group

And when these listings don’t make it into the MLS, they’re not available to be used as comparable properties for appraisals, other sales or mortgage refinancing – yielding. Instead, an agent can.

The Sales Comparison The most important tool an appraiser uses when valuing a home is "comparable sales." This refers to the prices of homes of a similar age, size and construction to the property being appraised that have recently sold in the same neighborhood.. Mortgage Masters Group.

Home Mortgage Rates in Georgia The vast majority of the state’s growth is taking place in the northwest corner of the state, in the atlanta metropolitan area. Other areas of the state, however, are working diligently to attract businesses with the promise of hardworking labor (Georgia is a right-to-work state), beautiful climate and low taxes.

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The terms "comps," "comparables" and "comparable sales" refer to prices paid for recently sold homes that are comparable in size, style and location. "Comparable sales are a critical part of assessing the current market value of a property," says Ziad Najm of Cedar Real Estate in Orange County, Calif.

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What Are Comparable Sales? Mortgage Masters Group . mortgagemastersgroup.com Explanation of comparable sales. Tips for how to find comps and why you need to know the comparable sales before buying a home. How to use comparable sales for selling a home.

Fannie Mae Adjusts Comparable Sales Guidelines, Solar Policy. It also clarified its policy on the valuation of homes with solar panels. Under the new comparable sales guidelines, Fannie provides clarification with respect to its expectations for appraisers to analyze the market for competitive properties and provide appropriate market-based adjustments without regard to limits on the size of the adjustments.

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