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re: House Appraisal
Posted on 8/14/10 at 11:11 am to LSUZouave
Posted on 8/14/10 at 11:11 am to LSUZouave
quote:
would they use the two foreclosed house as comps
It depends. Is the lower price you quoted the result of the foreclosure auction or did they fail at auction and come back on the market as bank-owned properties (REO)? If it's the latter, then they will absolutely be used as comps, since those are regular MLS listings.
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