Appraiser Cannot Accept Distressed Properties for Comps??

Can anyone explain to me what the US bank negotiator means when she says that a HUD appraisal will not accept distress sales when it is a liquidation appraisal. I consider distress sales to be foreclosures, and short sales.  Those are the only sold comps there are, but she says we can't use them.  I'm confused.  Any insight?

Views: 22

Members

© 2024   Created by Short Sale Superstars LLC.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************