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Updated over 4 years ago on . Most recent reply

Dustin Crawford's profile image
Dustin Crawford's profile image
Dustin Crawford
  • New to Real Estate
  • from Palestine, TX
  • Member since Sep 30, 2020
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Dustin Crawford's profile image
Dustin Crawford's profile image
Dustin Crawford
  • New to Real Estate
  • from Palestine, TX
  • Member since Sep 30, 2020
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Dustin Crawford
  • New to Real Estate
  • Palestine, TX
5
Votes |
18
Posts
Buying & Selling Real Estate

Homes priced well above appraisal

Dustin Crawford
  • New to Real Estate
  • Palestine, TX
Posted

Why are homes in my part of east Texas all priced above appraisal? Even my current home would sell at least $30,000 above its appraisal. Is this normal? It's hard to really do the BRRRR model if everything is already priced above the appraisal. Any help or ideas?

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Bill B.'s profile image
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Bill B.
  • #3 1031 Exchanges Contributor
  • Investor
  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.'s profile image
Bill B.'s profile image
Bill B.
  • #3 1031 Exchanges Contributor
  • Investor
  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,542
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

That’s ok. It sounds like lots of responders don’t know the difference either. :-)

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