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Don't rationalize buying an undesirable house when you are picking out your home. It will cost you!
Manage episode 348947654 series 3180722
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We have all of our listings pre appraised so we know which ones sell under the appraisal. Every one of them has the same issue. There is something undesirable about the home that is not factored in during an appraisal. These houses are often hard to sell and sell for much less than their actual value because of the defect. A lot of times home buyers will rationalize their decision and pay for it when they sell.
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