I'm looking into buy a 12 acre parcel, nothing special about it. The current listed price is 60,000 decently high for my area of central MI. The assessed value of the property is about 10,000.
From what I've read the MV is about 80% of the AV so this seems like a pretty high price hike. Now I don't expect to get anything close to the AV for the property (bc that's not how it works), but I'm still trying to get the best price for the property. What could I reasonably offer for this property?
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source https://www.reddit.com/r/RealEstate/comments/cwx568/how_much_bargaining_room_do_i_have_with_assessed/
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