Fair market value of a turnkey property

[Yulyana Karpava]

Hi! I am considering buying a property from a TK provider in Memphis. But when I am searching the address on zillow or other sites, the home value appears half of what the TK company wants for the house. Are the prices that overestimated or is zillow that inaccurate? What is holding me back is that if I need to sell it in a few years like in 5-7 years, I am concerned that the price won't be even close to what I paid and I might end up losing not only the downpayment but will have mortgage balance as well. What is your exit strategy?  

[Jay Hinrichs]

many turn key homes are bought in as is condition.. and then 15 to 40k is put into them to bring them up to turn key condition.. you maybe seeing properties that are in need of full rehab.

have to compare apples to apples.