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Updated about 5 years ago,
Purchasing the land or just the home?
Hello BP Community,
When wholesaling, the value is in the home itself not what surrounds it; correct?
Context: I was contacted by a seller yesterday who is looking to sell her home due to wanting to downsize. The home was built in 1932 and hasn’t had any improvements in the last 10+ years, however, the home sits on 18.24 acres. Because of that, her asking price is on the really high side, taking into account the condition of the home.
My question is: do I take into account the land or just the home?
Thanks in advance!