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Seller Concessions

The appraiser should provide a discussion of any observed trends in seller paid concessions.  This includes trends in closing costs paid by the seller, prevalence of buydowns, pre-payment of HOA fees, etc.

Common Issue


The response to line ten and the comments provided in the narrative section should be consistent with information found elsewhere in the report.  For example, if seller paid financial assistance is said to not be prevalent, and if the commentary also says that that concessions are not common, then one would not expect to find an indication in the comparison approach adjustment grid that the comparables all had significant concessions.



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