Selling Price And Books
Question 1 ) If I am asking more than the appraise value of the house, can I sell it for more. I would think the bank would only provide a loan for the appraised value and the buyer would have to come up with the difference - This is a sellers market here is AZ with homes selling in a day. Any issues.
Question 2) Are there any books here at TCI worth purchasing - looking into pre-foreclosures, barkruptcy purchases, short sales. Want to read up on this type of investing.
Thanks,
most banks will base the loan on the apv. you would be hard pressed to find one that does otherwise.....kenmax