Appraisal value on the county site vs asking price
So, I was pursuing some wholesaler listings and noticed that the county appraiser's values are 30k-40k less than the wholesaler asking value. Which means it is WAY below what the market would demand. And I notice that comps in that area are listed sold at around the same amount. This leads me to believe I am missing something. Anyone? :)
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Jon Holdman
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#3 Real Estate Deal Analysis & Advice Contributor
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
Tax assessor values are for the purpose of collecting taxes. They have little relationship to market values.