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re: How to make sure home appraises? PMI question.

Posted on 5/11/16 at 4:40 pm to
Posted by Helmethead
Baton Rouge
Member since Oct 2007
1180 posts
Posted on 5/11/16 at 4:40 pm to
quote:

Do you know how they go about determining comps


typically proximity,and size, date of sale are all combined to find a happy medium. But it really is more complicated than a simple answer like that. If in a gated community, typically USPAP standards require 1 comp to be outside of that community, to guarantee that a specific pocket in an area doesn't exist.
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