i'm looking to buy a property,in nh. we found what we want its brand new,to the point the town doesn't have a

Asked by Troy Tuller, Hinsdale, NH Sat Apr 19, 2008

tax rate listed but they did have a assessed value and it was 20,000 less then the asking price, which the seller already came down 10,000? so whos right? what should i do?

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Mark Roncone, , Naperville, IL
Sun Apr 20, 2008
Make your offer based on similar sales in the same neighborhood. Your Realtor should be able to help you with this.
Web Reference:  http://www.nilhomeseller.com
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Laura Caamano, Agent, Downers Grove, IL
Sat Apr 19, 2008
Troy- Are you working with an agent? If so, they should be able to explain that the assessed value has nothing to do with the selling price. The assessed value isn't an exact value on a property. You need to have a CMA done by a local Realtor who knows the area. That will show you what similiar properties have sold for in the past 3 months, which in turn will give you a clear picture of the market and help you determine what to pay. Remember everything is negotiable including new construction.
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