Do Foreclosures Set Market Values?
NO! Foreclosures do not set the market value for surrounding homes. The value of a home is determined by the sale of silimar homes in the past six months; not a foreclosure! Click on the title of this blogg to read the rest. NW FL Home Values
I recently had a potential buyer tell me the house down the street sold for thousands less so the listing I represent should sell for a lot less. Excuse me, the house down the street was a foreclosure. Some lucky buyer made out like a bandit …




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