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Updated almost 8 years ago on . Most recent reply

User Stats

130
Posts
63
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Sheryl Griffin
  • Investor
  • Arizona
63
Votes |
130
Posts

Comps are way off for fix and flip

Sheryl Griffin
  • Investor
  • Arizona
Posted

Offer accepted, 3rd day of due diligence, and in measuring the house, the sq. ft is off from listing almost 500 SF, then Realtor looks up tax records to confirm, and indeed it's off by 500 sf. Any suggestions where to go with this in our 10 day inspection period? Earnest deposit is paid. This is a fix and flip an it just totally threw us into another category of comps, leaving us with lower comps up to $100,000 less than our original ARV.

  • Sheryl Griffin
  • Most Popular Reply

    User Stats

    3,757
    Posts
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    Kenneth Garrett
    • Investor
    • Florida Panhandle/Illinois
    3,109
    Votes |
    3,757
    Posts
    Kenneth Garrett
    • Investor
    • Florida Panhandle/Illinois
    Replied

    @Sheryl Griffin

    Most of the information from the assessor's office is available online.  Usually pretty easy to access.

  • Kenneth Garrett
  • Loading replies...