Property Valuation
In the sales comparison approach, 'gross adjustments' should generally not exceed what percentage of the comparable's sale price per FNMA guidelines?
A10%
B15%
C25%✓ Correct
D35%
Explanation
Fannie Mae guidelines suggest that individual line adjustments should generally not exceed 10% and net adjustments should not exceed 15%, but gross adjustments (sum of absolute values) should not exceed 25% of the comparable's sale price. Larger adjustments indicate the comparable may not be truly comparable.
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