They came back and said they can go no lower than the $229,500 and we would have to provide at least 3 COMPS within 1 mile of the location from sometime in the last 3 months to see if the BPO agent would lower her BPO price.David, nobody can jump in front of us to get this property, as we have it under contract and the property owner is satisfied with us, at this point.

Not sure exactly what these turned into, though.All the "points" and "miles" and such are pretty similar these days.

The only proper way is to pull actual comps (sold comps within 1/2 mile and within last 90 days)You should be able to find better deals than this in TX.

I like to invest in my own backyard, but will buy in a ~60 mile radius.

I'm in a community located about 25 miles away from SF and people commute there to work.

Raleigh, 27601, homes sold within a 5 mile radius and in the past 90 days averaged 276k but I'm using 175k.

I grew up about 30 miles from there.

My lender is nervous over having to find 3 comps 1.5 miles from my residence within the past 90 days.

Well, I felt bad so I went the extra mile and bother live chat to try to get your answer.

In a market that is declining 4% a month, by the time we get to the end buyer’s appraisal even if we have multiple willing buyers to purchase at asking price, we can’t get the appraisal to comp because FHA underwriters are asking for additional comps above our asking price that are 45 days old or less and ¾ mile radius or less.