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Updated over 6 years ago on . Most recent reply

User Stats

114
Posts
31
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Adam Blachnio
  • Rental Property Investor
  • North East US
31
Votes |
114
Posts

Tax Assessed Value in negotiations

Adam Blachnio
  • Rental Property Investor
  • North East US
Posted

Hi👋 I am trying to use Tax Assessed Value in negotiation with 3-4units owners due to fact those properties seems to be overpriced by sellers. 

I do realize that TAV is less than Fair Market Value, but if the owner has no valid apprisal I want to rely on TAV as a sort of established datum (made by official tax Municipal dep)...

Is this a good approach❓

Most Popular Reply

User Stats

3,926
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4,386
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,386
Votes |
3,926
Posts
Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied

@Adam Blachnio it probably wont work with an educated owner, but you may get someone to fall for it. I dont think it's an approach that you'll have much success with, but anything is worth trying once.

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