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New from the ValuVault!๐
Charlie Johnson explains why relying on your property tax assessment can cost youโbig time.
โ Tax assessments are for local revenue, not true appraisals
โ Outdated data and old formulas can lag real value by 10โ20%
โ They ignore upgrades that a real appraiser will include
๐ Buyers: Use comps or hire an appraiser for real market value before you bid.
๐ Mortgage pros: Remind clients to anchor loan amounts to comps, not tax records.
A quick BPO is an easy, affordable step to get it right.
By Nationwide Property & Appraisal ServicesNew from the ValuVault!๐
Charlie Johnson explains why relying on your property tax assessment can cost youโbig time.
โ Tax assessments are for local revenue, not true appraisals
โ Outdated data and old formulas can lag real value by 10โ20%
โ They ignore upgrades that a real appraiser will include
๐ Buyers: Use comps or hire an appraiser for real market value before you bid.
๐ Mortgage pros: Remind clients to anchor loan amounts to comps, not tax records.
A quick BPO is an easy, affordable step to get it right.