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What is the market value of the house

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Reference no: EM132461948

The property is listed for sale at $200,000 and has not sold after being marketed for 12 months.

Additional Facts:

  • C After 12 months the property sells with a pending price at $250,000.
  • C Buyers's closing costs are paid by the seller.
  • C $50,000 in additional cash & incentives are paid to the buyer after closing.

Question:

Question 1: What is the market value of the house?

Question 2: What value should the appraisal state?

Reference no: EM132461948

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