Saturday , 23 January 2021

multiple-unit appraisals

The Challenges with Appraising Multiple-Unit Properties

Appraising multiple-unit properties is usually more complicated than appraising single-family homes. Two-, three-, or four-unit buildings are sometimes subject to confusion when it comes to arranging a loan for purchase or refinancing. Generally, appraisers use the market approach when appraising multiple-unit properties. They will look at sales of comparable properties, typically within the past 12 months and within a 1-mile …

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