Source documents are needed to show and justify all entries on any settlement statement, documents are to be retained for three years as well.I would be suspect to any closed sale transaction accomplished without a sale contract, that being so unconventional I can only think of the justifications for not providing a contract would be to withhold details of the transaction. :)

Looks like your opinion of value is based on a justification for simple greed my new friend, again, look at the problems involved in predatory dealings.

Anyway, they were very critical of my bank statments and wanting justifications for all the "out of the ordinary" deposits we had.

Use the standardized approach to formulate your estimates keeping within those stats of similar properties, you need to do that because the reader of your plan will be using that same information and if you are too far out, without good justification, it becomes a reflection on you as a business person, are you doing or capable of doing your due diligence or are you trying to fog your way through and reap some benefit.

I don't even look at stuff posted as justifications for ones opinions based on charts, graphs and stats put togetehr probably by those seeking to prove an argument.

I felt I had ample justification (i.e. multiple comps, professional appraisals, etc) on both of them for why I felt the assessed value should be lower.In response, the County lowered one of the properties to what I suggested.

The project was cooked up as justification to buy a specific computer as the inventor wanted to try out the new computer software that was on the box.Clue: I worked for the computer company.

With investment properties, you need solid justification for your ARVs in order to support the deal.

My biggest question is should price justification be mentioned or details about why my offer is at it's price?

You want to look at any data you can find, but what you're really looking for is something that makes the expenses really high, not justification for using a lower number.