Why do Wholesalers Lie

[Kristi K.]

I’m about ready to give up on wholesalers! I’ve wasted a lot of time going and looking at “a jewel of a deal”. Here is the latest example from yesterday

This is how they advertise it, $180,000

“If you’re looking for a great investment, with great bones and endless possibilities, this 3-bedroom, 2-bath gem in New Braunfels is it! The roof is 5-7 years old and the foundation was updated 5-7 years ago so the big stuff is already taken care of. All it needs now is a little TLC to bring it to life—think fresh paint, new fixtures, etc.

The cabinets, floors, and walls are all in good shape, so you’ve got a solid starting point. It’s the perfect opportunity for an investor hunting for a smart deal.

Located in a great area with a charming downtown, awesome local restaurants, and plenty of outdoor fun by the Guadalupe and Comal Rivers.

This is one of those homes that doesn’t come around often—a solid investment with tons of potential that won’t take much to make it shine.”

The county has it appraised at $188,000 and here are some pics.  

My question is how can someone be so far off on value and continue to keep their job?