Updated over 6 years ago on . Most recent reply
Tax appraisal significance?
How significant is the tax appraisal of a property? I'm looking to flip a property and the comps for the area are showing properties of this type are selling for 55-65k but the tax appraisal on the property is 6700. How significant is this? Should I cross this property out as a flip? I'd be purchasing for 20k.