Is a home a good deal if it is selling for 25% below tax value?

[Ralph E.]

Hi all,

I am curious to know if you think a home is a good deal if the asking price is 25% below the county assessed value?

If it is a good deal, would you get it under contract, and wholesale it? 

Or would you use private money/hml to buy it, do any repairs, then get refinanced as an exit strategy?