- This topic has 110 replies, 12 voices, and was last updated 16 years, 5 months ago by patientlywaiting.
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May 24, 2008 at 3:57 PM #211244May 24, 2008 at 5:19 PM #211101RaybyrnesParticipant
Bugs
Is the appraisal industry currently seeing any uptick from people having their homes reappraised to the downside to help reduce tax burden.
What would be involved if I lived in Del Sur and knew my home had lsot 200 K. Would a peson be able to go it alone or would I need a certified appraiser to have the county reasses.
May 24, 2008 at 5:19 PM #211170RaybyrnesParticipantBugs
Is the appraisal industry currently seeing any uptick from people having their homes reappraised to the downside to help reduce tax burden.
What would be involved if I lived in Del Sur and knew my home had lsot 200 K. Would a peson be able to go it alone or would I need a certified appraiser to have the county reasses.
May 24, 2008 at 5:19 PM #211197RaybyrnesParticipantBugs
Is the appraisal industry currently seeing any uptick from people having their homes reappraised to the downside to help reduce tax burden.
What would be involved if I lived in Del Sur and knew my home had lsot 200 K. Would a peson be able to go it alone or would I need a certified appraiser to have the county reasses.
May 24, 2008 at 5:19 PM #211219RaybyrnesParticipantBugs
Is the appraisal industry currently seeing any uptick from people having their homes reappraised to the downside to help reduce tax burden.
What would be involved if I lived in Del Sur and knew my home had lsot 200 K. Would a peson be able to go it alone or would I need a certified appraiser to have the county reasses.
May 24, 2008 at 5:19 PM #211256RaybyrnesParticipantBugs
Is the appraisal industry currently seeing any uptick from people having their homes reappraised to the downside to help reduce tax burden.
What would be involved if I lived in Del Sur and knew my home had lsot 200 K. Would a peson be able to go it alone or would I need a certified appraiser to have the county reasses.
May 24, 2008 at 6:00 PM #211111patientlywaitingParticipantI do believe that some sort of organized plan could have an impact.
Yes, it could work. You can definitely try.
During the run-up there were certainly some of that going on. Not that it was "masterminded" but the confluence of interests did make such run-up schemes possible.
For example, a builder would sell the models to investors in order to create comps.
Smaller, infill developers would sell a couple of units to friends, relatives, or subcontractors to create comps for their developments.
You also had "groupies" buying at each developments and flipping then buying at the next development. Those groupies were always first in line.
May 24, 2008 at 6:00 PM #211180patientlywaitingParticipantI do believe that some sort of organized plan could have an impact.
Yes, it could work. You can definitely try.
During the run-up there were certainly some of that going on. Not that it was "masterminded" but the confluence of interests did make such run-up schemes possible.
For example, a builder would sell the models to investors in order to create comps.
Smaller, infill developers would sell a couple of units to friends, relatives, or subcontractors to create comps for their developments.
You also had "groupies" buying at each developments and flipping then buying at the next development. Those groupies were always first in line.
May 24, 2008 at 6:00 PM #211208patientlywaitingParticipantI do believe that some sort of organized plan could have an impact.
Yes, it could work. You can definitely try.
During the run-up there were certainly some of that going on. Not that it was "masterminded" but the confluence of interests did make such run-up schemes possible.
For example, a builder would sell the models to investors in order to create comps.
Smaller, infill developers would sell a couple of units to friends, relatives, or subcontractors to create comps for their developments.
You also had "groupies" buying at each developments and flipping then buying at the next development. Those groupies were always first in line.
May 24, 2008 at 6:00 PM #211228patientlywaitingParticipantI do believe that some sort of organized plan could have an impact.
Yes, it could work. You can definitely try.
During the run-up there were certainly some of that going on. Not that it was "masterminded" but the confluence of interests did make such run-up schemes possible.
For example, a builder would sell the models to investors in order to create comps.
Smaller, infill developers would sell a couple of units to friends, relatives, or subcontractors to create comps for their developments.
You also had "groupies" buying at each developments and flipping then buying at the next development. Those groupies were always first in line.
May 24, 2008 at 6:00 PM #211264patientlywaitingParticipantI do believe that some sort of organized plan could have an impact.
Yes, it could work. You can definitely try.
During the run-up there were certainly some of that going on. Not that it was "masterminded" but the confluence of interests did make such run-up schemes possible.
For example, a builder would sell the models to investors in order to create comps.
Smaller, infill developers would sell a couple of units to friends, relatives, or subcontractors to create comps for their developments.
You also had "groupies" buying at each developments and flipping then buying at the next development. Those groupies were always first in line.
May 25, 2008 at 1:04 AM #211176CA renterParticipantHow about we target a neighborhood and “mass-lowball” the listings there?
Just flood them with a dozen lowball offers, so they get the idea that they are still overpriced.
Anyone else notice how some properties are listed at fairly decent prices, and right down the street, some bozo lists for 40%+ more? Still a lot of denial, and these sellers need Piggs to show them what reality looks like.
It’s free, fun, and somebody might actually get their lowball bid hit! 🙂
May 25, 2008 at 1:04 AM #211243CA renterParticipantHow about we target a neighborhood and “mass-lowball” the listings there?
Just flood them with a dozen lowball offers, so they get the idea that they are still overpriced.
Anyone else notice how some properties are listed at fairly decent prices, and right down the street, some bozo lists for 40%+ more? Still a lot of denial, and these sellers need Piggs to show them what reality looks like.
It’s free, fun, and somebody might actually get their lowball bid hit! 🙂
May 25, 2008 at 1:04 AM #211272CA renterParticipantHow about we target a neighborhood and “mass-lowball” the listings there?
Just flood them with a dozen lowball offers, so they get the idea that they are still overpriced.
Anyone else notice how some properties are listed at fairly decent prices, and right down the street, some bozo lists for 40%+ more? Still a lot of denial, and these sellers need Piggs to show them what reality looks like.
It’s free, fun, and somebody might actually get their lowball bid hit! 🙂
May 25, 2008 at 1:04 AM #211294CA renterParticipantHow about we target a neighborhood and “mass-lowball” the listings there?
Just flood them with a dozen lowball offers, so they get the idea that they are still overpriced.
Anyone else notice how some properties are listed at fairly decent prices, and right down the street, some bozo lists for 40%+ more? Still a lot of denial, and these sellers need Piggs to show them what reality looks like.
It’s free, fun, and somebody might actually get their lowball bid hit! 🙂
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