How do you determine the value of a distressed property?
The best way to determine the value of a distressed property is to find a value based on comparable homes in the area. If the property needs work, estimate the cost of the work to be done on the house, and then subtract that amount from the value you came up with from comparable properties.
If you are considering selling a distressed property and would like some more information, give me a call at 913-269-0000 or e-mail sahran@sahran.com
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