paradisePWoffrd
Recovering Project Junkie
- Joined
- Nov 5, 2005
- Location
- Newton, NC
Wait. What dumb SOB "criticized" the undervalue?
People who were trying to sell and had potential buyers using lower tax value as a bargaining tool. Or underwriters who wouldnt secure an inflated loan amount due to a low tax value.
That's true, but Meck supposedly undervalued the last one so there may be an abnormal jump instead of following what would be the normal trendline, as the last appraisal was off the trendline. The tax value and market price have nothing to do with each other around here anyway, so I'd rather the tax value stayed low.
While this is true there, here the market follows tax values closely unless its moving like crazy (currently).