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What are the most common reasons that a search does not produce an AVM?

  • The property is not a residential property
  • The property is located in a rural area with little to no sales activity
  • The property is located in an area with little to no sales activity of like properties
  • There is insufficient sales data available on the subject property
  • There is insufficient comparables available as of the sale date
  • There is insufficient comparables available as of the valuation date

 

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