mansions: Where's the "checkbox" for Celebrity on your Appraisal Form?
- 09/17/14 01:08 AM
I've searched and searched again to find the little boxes marked celebrity and non-celebrity on an appraisal but to no avail. They must be there somewhere because celebrity home asking prices have premiums that have been observed to exceed 60% more than market value. On the other hand, courts are unable to find this elusive valuation when the celebrities face foreclosure. Granted, the reality "star" market is one where there's bound to be some blinding by the proverbial light but that's generally caused by inept money management. In 2014 several major players in all sports and entertainment fields also felt the … (6 comments)
I've searched and searched again to find the little boxes marked celebrity and non-celebrity on an appraisal but to no avail. They must be there somewhere because celebrity home asking prices have premiums that have been observed to exceed 60% more than market value. On the other hand, courts are unable to find this elusive valuation when the celebrities face foreclosure.
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