Offline(I moved this topic from the "researching sub-forum)
I just signed an 'Option to Purchase' agreement for a house on the north side of Martin Street for 35k. The owners owe 30k on their single mortgage. The place needs a solid 35k to make it marketable. I'm now researching on what the ARV is going to be and I need help in doing that.
Total view says the place ARV's at 105k and zillow.com says it's worth 110k. But I don't totally fully trust zillow or totalview alone to give an me accurate number by themselves.
I tried to look up public records in the Kenton county assessors office, but it's a paid search. Before I resort to that, I'm trying other routes.
I educated the seller on the possibility of me not being able to sell their house with the option because the value may not be there. They understand fully.
So what can you Covington Kentucky investors tell me about the houses on this street?
All you have to do is call a realtor in that area and tell them you are thinking about buying in that area and you want to know how much the homes are selling for that are like the one you are dealing on. Use Realtors for information you might find one that will work deals with you.
I hope that helps.
Steve.
Steve and Veronica
Steve and Veronica's Journal.
http://www.deangraziosi.com/real-estate-forums/investing-journals/58073/...
http://www.deangraziosi.com/real-estate-forums/totally-fulfilled/72344/d...
I agree with Steve and Veronica. Blessings to all. LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-