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An appraiser found a comparable sale in which the seller accepted payment of the sale with a 5% down payment and the remainder to be paid in monthly payments. The buyer stated that he bought this property because he did not qualify to buy with market/bank financing and this was the only seller that would accept a contract sale. The interest rate on the contract was 1.5% higher than bank loans. The appraiser should:- Make a financing concessions adjustment for this favorable financing- Make a financing concessions adjustment for this financing if it affected the sale price- Ignore this issue because it is too complicated- Ignore this comparable since the financing is not at the market price
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