flipping a house: Appraisers ARE Killing Sales: THE PHOTO VERSION.
- 11/16/11 05:28 AM
Thank you for all your feedback to our Appraisers are Killing Sales Post! We welcome the discussion and look forward to new responses. Here was our initial post that many of your followed!
So now I must ask: how can you say with such certainly that what someone paid for a home dictates what it is worth when it is completely fixed up?
It shouldn’t matter if an investor purchased a property for a dollar, does the repairs and renovations, and resells it for $300,000. If $300,000 is the value of the property, that’s what (2 comments)