And, some assessors use past sales amounts and adjust for inflation, so if the property has not been held very long by the current owner, the current assessment might be close to the market value again.It's better to think of the two like apples and oranges, because usually that's how close they are...both fruits from a tree but with much different tastes.The question asked by the Realtor above in OP, may be born out of the lack of knowledge of that Realtor.

To throw out ideas like the present value of money in relation to a sale price, is apples and oranges.

I know you want north, but take a look south along the orange line.  

I live out in the Palm Springs area but my wife and I both grew up in Orange County.

As you read below, you will see how I went from the raw data, to a transformation that shows a more clear relationship..Orange Line is job growth/loss in the US.

Therefore, (and due to his distance from our Orange County office) the Academy probably isn't a good fit for him but I still offer to work with him on a JV wherever he feels that he has a need.  

In Los Angeles County and Orange County I know of true 100% fix and flip programs, so the leverage doesn't get any better than that.

Hello Everyone,I am a flipper in New York (Orange County) and I was wondering if you are allowed to use the CASH buyers own money to perform a double escrow closing during a wholesale transaction ?

Have you talked to anyone who tried to purchase in Orange county, not realizing you cannot short term rent, and then ran into problems and had to switch to long term? 

I bought my first property, a duplex, when I was 21 or 22 In Orange County, California.