What is the maximum gross adjustment on an appraisal?
What is the maximum gross adjustment on an appraisal? In residential appraisal, gross adjustments generally may not exceed 25% of the sale price of the comparable sale. Example: If one adjustment is +$3,000 and the other adjustment is -$3,000, the gross amount of the adjustments is $6,000. How are appraisal adjustments calculated? Adjustments are calculated … Continue reading What is the maximum gross adjustment on an appraisal?
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