Why a Buyer Should Never Pay More than Appraised Value on Leveraged Property

By | 2018-05-20T13:23:03+00:00 May 13th, 2017|

Recently a friend asked me to explain why a buyer should never pay more than appraised value on leveraged property.  Since she had taken a few classes I began by explaining the opportunity costs associated with this strategy and I could see her eyes "glass-over" and I knew I had lost her. When I shifted [...]