From the ValuVault: Why Tax Assessments Do Not Equal Market Value

New from the ValuVault!🌟

Charlie Johnson explains why relying on your property tax assessment can cost you—big time.

– Tax assessments are for local revenue, not true appraisals

– Outdated data and old formulas can lag real value by 10–20%

– They ignore upgrades that a real appraiser will include

📌 Buyers: Use comps or hire an appraiser for real market value before you bid.

📌 Mortgage pros: Remind clients to anchor loan amounts to comps, not tax records.

A quick BPO is an easy, affordable step to get it right.