We owe $168k and the home is valued at $220-245k.

Cities in the Midwest, Great Lakes, and South are gaining attention for their stable local economies and promising home value growth.Buffalo, New York: A Model of Stability:Topping the list is Buffalo, New York, recognized for the steadiness of its home prices and a recent surge in job opportunities relative to new home constructions.Cincinnati's Rapid Home Sales:Cincinnati stands out for its exceptionally fast home sales, with properties going pending in just five to six days for most of 2023, indicating a high demand in the market.New regions take the lead in the housing market.

Another possible benefit is the property may increase in value over the next 5 years and I will have the option to buy at today’s value.It's a bit of a risk for me because the property could decrease in value to a point where I wouldn’t want to exercise the option to buy.

House estimated value is $152k.

How do you determine the value now? 

Adds no value to my life, only negatives.Just my $0.02

FHA How did you add value to the deal?

While we hope you get a ton of value from the forums, blog, social media, podcasts, YouTube channel, and more, we also have some great books, and if you would like to read any of them as part of that journey, please DM me for a free copy, on us. 

Actual Cash Value:  The Replacment Cost minus the depreciation. 

Property taxes are determined based upon the property’s assessed value that is determined by the public tax assessor.