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Updated 12 months ago,
Comps N Underwriters
I believe we have underwriters in this forum - just wondering how underwriters analyse their COMPS even after we listed the best 3 as Apple to Apple - though more than 1 mile BUT within the same market bcos most COMPS considering SOLD properties around your subject property would be the same as those that needs renovation. And if you are adding sqft to the property and you look for COMPS as per your finished subject property found 3 Apple to Apple - but according to underwriters - CMA still doesnt make sense. Educate us on what underwriters look for to improve our COMPS and make process smooth and timely.