Stearing Clear of Owner-Occupied Housing

[colettehollander]

How do I perform a value assessment of the property?

[ArixaCapitalAdvisors]

@colettehollander Let’s assume the property is a single family home. The key technique is to look at recent sales of similar properties nearby. Sales more than six months old are not reliable, because the market might have changed. Look at the absolute price at which the properties sold, as well as the price per square foot.