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– Outdated data and old formulas can lag real value by 10–20%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