ARV vs. Total Assessed Value

[Haider Zaman]

Hi BP Family,

I am in need of your expertise. Could someone tell me how ARV relates to Total Assessed Value (MLS Tax Records)?

When computing ARV.. do any of you ever consider Total Assessed Value into the equation?

How about when you compute your ARV and the ARV comes out to be larger than the Total Assessed Value.. does that impact your offer?

I am just trying to grab a handle on how much consideration I should be giving to the Total Assessed Value (when talking to the seller, and then talking to the buyer after I have received the contract).

Any help from you all would be much appreciated.

Thank you,

Haider