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b. List Price (09/30/2016)
i. Definition
List Price is the “asking price” of a Property based on Market Value.
ii. Standard
HUD will offer a Property for sale at the list price based on Market Value, reflecting the highest and best use in the current market, competitive with Properties being offered by other sellers.
The AM will monitor assigned transactions to ensure that Properties are valued and sold in a manner in accordance with market conditions.
For vacant lots, HUD will offer the lots at the estimated Market Value of the lot based on comparable vacant lot prices, considering highest and best use.

