ValuNation

From the ValuVault: Why Tax Assessments Do Not Equal Market Value


Listen Later

New from the ValuVault!๐ŸŒŸ

Charlie Johnson explains why relying on your property tax assessment can cost youโ€”big time.

โ€“ Tax assessments are for local revenue, not true appraisals

โ€“ Outdated data and old formulas can lag real value by 10โ€“20%

โ€“ They ignore upgrades that a real appraiser will include

๐Ÿ“Œ Buyers: Use comps or hire an appraiser for real market value before you bid.

๐Ÿ“Œ 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.

...more
View all episodesView all episodes
Download on the App Store

ValuNationBy Nationwide Property & Appraisal Services