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Updated about 10 years ago on . Most recent reply
Property Evaluation
How can investors find out what the bank paid for the property? I've looked in public records and other sources and haven't gotten a solid answer to help me sleep at night. Insight on this would be greatly appreciated.
Thank you
Most Popular Reply
It doesn't actually make sense. Base something on current comps and current market trends. Don't bother trying to figure out what a prior value was once upon a time.
Whatever someone bought something for is in the past. Don't judge a cart of apples based on what the seed cost to plant the tree.