Are appraisals refutable by a prospective purchaser?
If prospective purchasers believe an appraised fair market value is incorrect, they may submit substantive data (e.g., comparable sales information) to the field office conducting the sale. Although this information may be reviewed by the DOIASD, the final determination is made by the DOIASD. Prospective purchasers may choose not to bid on a parcel if they believe the appraised fair market value is incorrect.
