What About Those Fixer-Uppers? Insights from a Seasoned Appraiser
McKissock
OCTOBER 12, 2021
For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?
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