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Updated almost 6 years ago,
Tax assessment question
I’m currently trying to buy a property that the county tax assessment office values at 170k I want to pay 95k and on another deal fix up another property this person owns to get her moved into. She is recently widowed. I was told that buying that property at that price would raise questions with the tax assessment office or something along those lines..... why would it matter what she sells the house for. Plus the condition of the house would never appraise for 170k.... does anyone know what I’m talking about? Does it make sense?