Homes priced well above appraisal
Why are homes in my part of east Texas all priced above appraisal? Even my current home would sell at least $30,000 above its appraisal. Is this normal? It's hard to really do the BRRRR model if everything is already priced above the appraisal. Any help or ideas?
Most Popular Reply
Bill B.
#3 1031 Exchanges Contributor
#3 1031 Exchanges Contributor
- Investor
- Las Vegas, NV
That’s ok. It sounds like lots of responders don’t know the difference either. :-)