Why does the county auditors value differ from the value that my home has been recently appraised For?
While the basic idea that the county auditor’s value equates to market value is sound. It is typical for the auditors value and appraised value to differ. The appraiser’s data concerning the subject is more comprehensive than the county since the appraiser has physically inspected the interior as well as the exterior of the property. This lack of subject data as well as the characteristics of mass appraisal techniques used by the county generally accounts for the difference between the recently appraised value of your home and the value given by the county auditor.
Related Questions
- The sales price of the home is higher than the appraised value, but the homebuyer has the funds to reduce the amount down to the appraised value. Does GUS support this?
- My buyers won the bid but bid more than the appraised value to ensure that they would win. Can they still buy the home for $100 down?
- Why does the county auditors value differ from the value that my home has been recently appraised For?
