Episode Details
Back to EpisodesDo You Need An Appraisal On A Seller-financed Deal?
Episode 344
Published 1 year, 9 months ago
Description
When the seller carries the financing they typically don’t require a formal appraisal. Despite the absence of a formal loan committee there’s still the need for a Phase I Environmental Report and a survey. But do you need to have an appraisal done? In this Mobile Home Park Mastery podcast we’re going to explore the uses of an appraisal, the cost vs. benefit, and some alternatives to help you gain confidence in the price you are paying.