Tag Archives: Bank Owned
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Distressed Properties as Comps?

Many of our real estate appraisal clients in Maryland have asked us if we use distressed properties (short sales and foreclosures) as comparables when doing an appraisal on non-distressed properties. The Appraisal Institute issued a paper on the subject which we feel explains the situations and circumstances when the use of distressed property sales is warranted. In […]

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