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Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

A year or more would indicate lack of compliance in an appraisal and is probably ineligible to use.

Jun 11, 2015 06:19 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Comp from 09/2011, Jack Schlenk ?

I doubt this should be even close to what they will consider. Or I'd say, they should not consider.

Jun 11, 2015 06:18 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

He can use it, but he may not be taken seriously.

Feb 14, 2019 09:33 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kevin nailed this one!

Apr 19, 2018 05:41 AM
Rainer
9,087
Jack Schlenk
Chicago, IL
Review my many articles

Realtor Quick Sales Scripts  feature video scripts: "How do you determine the market value of my property? " Review the 16 scripts, what "They Say"and what "You Say". Please review and use the scripts'. 

Sep 08, 2015 06:11 AM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Jack - I am not an appraiser so I wouldn't know, but typically I would say that the appraisers are looking for comps within the last 6 months.

Jun 11, 2015 04:17 PM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I sincerely hope NOT.

Jun 11, 2015 09:34 AM
Rainer
417,071
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

No different market almost five years ago.  Look for comparables that might be 100 feet larger and a mile farther but need to be in past four months

Jun 11, 2015 07:21 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

If there are not sufficient recent comps it might qualify with the adjustment based on like-market increase/decrease since that sale.

Jun 11, 2015 07:16 AM
Rainmaker
7,834,939
Roy Kelley
Retired - Gaithersburg, MD

This sale is simply too old to include other than adding some historical perspective.

Jun 11, 2015 06:27 AM