Property Valuation
An Ohio appraiser is completing a URAR (Uniform Residential Appraisal Report). What is the minimum number of comparable sales typically required?
AOne comparable
BTwo comparables
CThree comparables✓ Correct
DFive comparables
Explanation
Fannie Mae and Freddie Mac guidelines typically require a minimum of three closed comparable sales on the URAR, though appraisers may use more to support their opinion of value.
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