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Understanding Home Ownership- The Beginning

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  1. Module 1: Understanding Mindset
    9 Lessons
    |
    1 Quiz
  2. Module 2: Understanding What you want your money to do for you?
    6 Lessons
    |
    1 Quiz
  3. Module 3: Understanding The Types of Real Estate Investments
    7 Lessons
    |
    1 Quiz
  4. Module 4: Understanding The Resources
    11 Lessons
    |
    1 Quiz
  5. Module 5: Understanding The Finance
    15 Lessons
    |
    1 Quiz
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Determining The Value of the Subject Property:

Now that we have our comps, and we’ve adjusted them against our subject property, it’s time to use this information to determine a reasonable valuation for our subject property.

Before I move on, I wanted to address a mistake that I see a lot of new investors make, and have even seen some very seasoned real estate professionals make as well.

A lot of newer investors will see the tax assessment for a property and will assume that the assessed value of the property is in some way indicative of the value of the property. This is flat-out not the case.

While the assessed value of a property could end up being close to the actual value of the property, it is more likely to be coincidence than anything else.