Property Valuation
An appraiser's 'comparable sale' (comp) for a Bucks County home should ideally meet which criteria?
ASold within 5 years, in any county in Pennsylvania
BRecent (within 6–12 months), similar size and condition, proximate location, arm's-length transaction✓ Correct
COnly REO (bank-owned) sales to avoid seller financing issues
DSales with no concessions only
Explanation
Ideal comparables are recent sales (within 6–12 months in stable markets), physically similar to the subject, in the same or competing neighborhood, and sold at arm's length between unrelated parties. Adjustments are made for differences, but fewer adjustments are needed when comps are more similar.
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