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Updated over 7 years ago on . Most recent reply

Corbin Wafford's profile image
Corbin Wafford's profile image
Corbin Wafford
  • Property Manager
  • from Louisville, KY
  • Member since May 4, 2017
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49
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24
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Corbin Wafford's profile image
Corbin Wafford's profile image
Corbin Wafford
  • Property Manager
  • from Louisville, KY
  • Member since May 4, 2017
Connect
Corbin Wafford
  • Property Manager
  • Louisville, KY
24
Votes |
49
Posts
General Real Estate Investing

What are the benefits of a home appraising for more?

Corbin Wafford
  • Property Manager
  • Louisville, KY
Posted

Hello BP,

Other than "scoring a good deal" or having "instant equity" in my pocket, what are the benefits of a property appraising for more than it was listed? 

I am in a scenario similar to the one explained above, so I was curious if there was anything I can do with this "instant equity" other than just knowing I made a smart purchase under market value?

Let me know.

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