Comments by "Michele Lyn" (@HRPFayetteville) on "Liberal Hivemind"
channel.
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OK, but the reality is, your property is as much as a buyer. Is willing to buy it for I mean, you've heard the stories that somebody owe you paid a million dollars and then somebody knocked on your door and was like. I wanna buy your house. There like it's not for sale OK, while I'll give you 8 million dollars. Okay. I mean, it doesn't matter about the tax value. That has nothing to do with anything as far as the market value of a home. In a market value is what anybody is willing to pay for it. Anyone buying a house can clearly look up and see in their agent that the house sold for whatever amount it sold for every time it was sold. It's all about supplying demand In some markets, you have multiple offers. Like 20 something offers going back-and-forth going up-and-up and up.
So people start dropping out and you could have a $100000 home. Sell for 500 and 600000 dollars. If there is a demand for that area and people got the money and the mortgage. Approval for it. And I'm really getting sick of the media because they should know better. They should be the ones talking about how ridiculous this Leticia. Case's and the Fanny case says they should be the ones telling how ridiculous it is and explaining of supplying. I mean, if you have a neighborhood and it's only 2 houses for sale in the last 10 years and it's a highly desirable area and you got people just waiting to move to that specific area. You're gonna have a bidding war for those 2 houses that are for sale. And there aint nothing anybody can do about it And once that households encloses, it can be counted in comparable. Other sold homes to come out with the market value to sell another home in the area. That is comparable. I mean, it's not rocket science here. People and even John Stewart situation. Yeah, he was talking junk, but obviously he probably don't even know anything because he probably had a real estate broker.
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