Comparable sales are properties similar to the property being financed; they are reasonably similar in size, location, appeal and amenities and have been recently sold (ideally in the last 6 months). Comparables help the appraiser determine the approximate fair market value of the subject property. Also referred to as Comps.
Sales which have similar characteristics to the subject property, used for analysis by the appraiser.
Sales that have very similar characteristics as the subject property.
Sales statistics that show sales prices for neighboring homes which have similar characteristics. It is used for sellers to determine the listing price and for buyers to make an offer. It is also used by lenders and appraisers.
Sales with similar characteristics as the subject property, used for appraisal analysis. Commonly known as comps.
"Recent sales of similar properties in nearby areas and used to help determine the market value of a property. Also referred to as ""comps."""
Used to determine a propertyâ€(tm)s market value, based on the sales of other properties in the surrounding neighborhood. Also known as ‘comps.â€(tm)
Also referred to as "comps," this means recent sales of similar properties in nearby areas and used to help determine the market value of a property.
Sales which have similar characteristics as the subject property and are used for analysis in the appraisal process.
Recent sales of similar properties in nearby areas that are used to help determine the market value of a property.
Properties used for comparative purposes in the appraisal process. These "comps" are properties like the property under consideration; they have reasonably the same size, location and amenities and have recently been sold. Comparables are used by an appraiser determine the approximate fair market value of a subject property.
Sales that have similar characteristics as the subject property, used for analysis in the appraisal. Commonly called "comps."
With regard to appraisal; it is the sales that an appraiser (or other person) uses during the appraisal process to aid in determining value. These sales will have similar characteristics to the subject property (the property being evaluated).
Also referred to as "comps," this is the comparison of a property in question and properties that are very similar to it that have recently sold. These help establish and justify the cost of a certain property.
Recent sales of similar property in nearby areas, used to compare and establish a value for that property.
