Sunday, May 4, 2014

Multi Property Sales

When a buyer purchases more than one piece of property at once, the purchase is recorded as a multi-property sale. Multi-property sales may take a variety of forms, such as a buyer purchasing a single-family home and an adjoining lot to create a single, larger property, or purchasing multiple units in one condominium building.

Since properties of different values can be purchased under a single transaction, multi-property sales may not provide a good apples-to-apples benchmark for property values when conducting a comparative market analysis.





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