Are the homes in camden assessing for what they are listing for? And how do the banks assess a nice home next to abadoned home?

Asked by John Mure, Camden, NJ Sun Mar 24, 2013

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Edith Karoli…, Agent, Winnetka, IL
Mon Mar 25, 2013
I am not quite sure what it is that your asking about

Assessments are for tax purposes....
Appraisals by a bank are for the purpose of according a mortgage loan to a buyer or for
re-financing to a home owner.

Two different things....

The abandoned home next door will strongly come into play if and when putting the home on the market and a potential buyer realizes that the home next door is at the moment an abandoned home, is the
buyer still wanting to buy ?????

Good Luck to you

Sincerely yours,
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