Property Valuation (alternative)
When appraising a Maryland property, which factor makes a comparable sale the LEAST useful?
AIt sold 4 months ago
BIt is located 1 mile away
CIt was a short sale between related parties under financial duress✓ Correct
DIt has one more bedroom than the subject
Explanation
A distressed sale between related parties is least representative of market conditions and is the least useful comparable for determining market value.
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