How do you determine the value of a troubled property?

Asked by Lorriehastruck, San Francisco, CA Thu May 23, 2013

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Oggi Kashi, Agent, San Francisco, CA
Thu May 23, 2013
Property value will depend on type of "trouble", the comps and local market condition. Please provide details.

Oggi Kashi - 415.690.3792 direct
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.
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0 votes
Lance King, Agent, San Francisco, CA
Thu May 23, 2013
There are lots of things that can make properties more difficult to sell. We have taken over many places others couldn't and sold them so if you want to send me specifics I can give you a more intelligent response.

Best Regards,

Lance R. King
Founder-Managing Broker

King Realty Group
Cell: 415.722.5549
License # 01384425
0 votes
Cindy Davis, Agent, San Diego, CA
Thu May 23, 2013
What makes you use the word 'troubled'? Can you be a bit more specific?
0 votes
Ron Thomas, Agent, Fresno, CA
Thu May 23, 2013
"Troubled" property sounds different than "Distressed" property:
Why are you being so cryptic?

If it is distressed, then drag a contractor along with you and have him compile an estimate.
If the problem is Liens, Encroachments, Title, Surveys and the like, then befriend your Escrow Officer and pick her brain.
In either case; get a Realtor to help you.
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