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Updated over 7 years ago, 09/04/2017
Property Appraisal after Hurricane Harvey
Hello,
I am considering purchasing a condominium in Houston, Texas-Harris County. On the company's website it stated the property was not affected by Hurricane Harvey. However, the property faces Braes Bayou.
Also, I logged unto the Harris County Tax Assessors Office the property appraised for $24,500.00 with no liens. They are selling the condo for $52, 900.00 owner finance with $3,500.00 down. Is this a good deal, steal, or neither?
Do they have the right to sell the property at that amount?