if i can get the suckiest house on the block for 20K below it's value, let's say 80K, and it assesses at 104K as is, and comps in that neighborhood are going for 124K - to me that's a deal, depending on the house's bones.

Banks, who are in the business of assessing risk and lending money at a rate that is "risk adjusted" based upon expectation of getting paid, are selling some of their loans at 20% of face?

Your current LTV is between 78-82 which places you in the comfort zone for most commercial lenders, but I assume your market assessments are based upon after repair values and not as is values.

Not only to cover medical costs directly related, but to pay temp disability payments while unable to work, cover future medical needs that might arise as a result of the injury (or they sometimes will settle for a lump sum medical payment if you sign off future medical claims for that injury)....they'll also assess whether you were to some degree permanently disabled/unable to return to the same line of work, and help with training for a new line of work if necessary.

Going to appraisal sites will clue you into how to properly assess the value of real estate.

Red Capital Group publishes market assessments, including rent, for major metro areas.

Pursuant to statute, the owner of a parcel of real property is assessed a dollar amount to pay based on the value of that real property.This tax, in virtually all cases, is collected by the county where the property is located.

Go to the assessment office and look up the deed info on it so you get a better picture.AND while your there and being that it sold twice in the past 4 years I would look deeper into it.

It doesn't take much, like a major HOA assessment or tenant damage to amount to thousands of dollars.

County has it assessed at 26,000.Oh well - got the experience & hope we find 'our' deal in the near future.Thanks again for all of your help.Angie