You are reviewing an appraisal which in part includes the following sequence of adjustments to arrive at the adjusted price of a comparable sale: Transaction
You are reviewing an appraisal which in part includes the following sequence of adjustments to arrive at the adjusted price of a comparable sale:
Transaction price $105,000
Time +2,500
Time-adjusted price 107,500
Financing (based on todays market interest rate) - 3,200
Location +3,000
Other adjustments -4,400
Adjusted selling price $102,900
Critique this adjustment process.
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Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
