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Topic 17. Final Reconciliation
February 22, 2019
This Chapter has been revised in its entirety.
a. Approaches to Value Considered
In the final reconciliation on the appraisal report the appraiser will evaluate and summarize the approaches to value which were included in the appraisal report.
b. Market Approach
On appraisals prepared for VA, the market approach will likely reflect the appraiser’s final estimate of value since VA does not require a cost approach and an income approach is only required on two to four unit properties.