Rarely would a buyer pay more than a property appraised for and this holds true even when the buyer is the State of Florida.
The Florida Department of Financial Services decided not to spend 38 million on a parcel of land that only appraised at 28 million.
Read the full release.
Related Florida real estate view:
This home “won’t last” is now at 612 days and counting
Using a twenty dollar bill to explain the importance of pricing a home correctly
Get a survey when buying a home or property
- Greg Staker - Watson Realty Corp. - 407-304-0255
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