07-31-2009, 02:24 PM
Thanks for the suggestion, Youser, but I couldn't bring myself to do that. As for doing it myself, the houses in my area are ALL OVER THE BOARD. HPP has houses listed as low as $100,000 and as high as a million. What a crazy neighborhood. As for the "solds" on my street, they, too are all over the board, especially in comparison to current listings which, to my mind, are just way to high relative to intrinsic value.
Also, for reasons I won't go into, I think it is prudent to have documentation from an objective observer, who is making an assessment not in connection with a particular transaction, but just based on the current market.
I personally wonder if the current market is objectively discernible.
Also, for reasons I won't go into, I think it is prudent to have documentation from an objective observer, who is making an assessment not in connection with a particular transaction, but just based on the current market.
I personally wonder if the current market is objectively discernible.