The property is listed for sale at $200,000 and has not sold after being marketed for 12
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Question:
The property is listed for sale at $200,000 and has not sold after being marketed for 12 months.
Additional Facts:
After 12 months the property sells with a pending price at $250,000.
Buyers's closing costs are paid by the seller.
$50,000 in additional cash & incentives are paid to the buyer after closing.
Question:
What is the market value of the house?
What value should the appraisal state?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: