Karl C., a beginning real estate investor, asks how to determine the actual value of a property.
He wants to get to the true figures, not just the pumped up asking prices from bank REO's and Zillow.
Wheatie, a seasoned real estate investor and moderator of the Bigger Pockets forum, gives a good solid answer you need to print out.
According to Wheatie, Zillow is practically useless and county assessors are often wrong.
So how do you get to the real information about a property's actual value?
Go to Purchase Price and Value Who to Trust
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