When a residential appraiser starts looking for comparables and a sales comparison approach is used he's interested in homes that have been occupied for at least two out of the last three years.
Is this fact true or false ?
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When a residential appraisal is undertaken and the appraiser wants to use comparables the appraiser wants to include homes that were sold within six months of the appraisal.
When a sales comparison approach is used it considers the sales prices of homes sold within the last six months.