What is the difference between a propertys appraisal value and purchase price?
Related Questions
- I am about to purchase a property at a price significantly below the assessed value. Will my property taxes be based on the new purchase price or on the assessed value?
- Can loan funds be used for rehab if the value of the property is higher than the purchase price and the overage will cover any rehab costs?
- If my propertys appraised value is more than the purchase price, can I use the difference toward my downpayment?