Reconsideration of Value

• Comparable sale must be for a closed purchase, no listings or contingent sales can be considered.
• The closed date must be no more than 12 months prior to the effective date on your appraisal and cannot be after the effective date on your appraisal.
• You must provide at least 2 additional comparables up to a total of 5.
• The comparable sale must be proximate to your home. While proximity may vary based on the rural or urban location of your home, keep in mind that the closer (and more similar in characteristics) the comparable,
  the more likely it will be considered appropriated and acceptable. If you live in a subdivision, condominium project, or PUD, recent sales in your development of similar homes are the most persuasive.
• Proximity is determined “as the crow flies” rather than the driving mileage between the comparable.
  *Visit https://www.freemaptools.com to help determine the “crow flies” distance from the subject property and proposed comp.*
• The Gross Living Area of the comparable should be comparable to the subject property, typically the difference
  in GLA should be less than +/-20% of the subject.
• Comparable sales should have similar characteristics including the style of the home, size of the lot, GLA, room/bedroom/bathroom count, age, condition, and quality of construction.

Please do not supply more than 5 sold comparables for the appraiser to review.