Has anyone used the tax assessed value of homes in the neighborhood to show the average value for the mortgage company? In my area, Northern Kentucky, the tax assessed value is always lower than the actual value. I am trying to make a case for why they should do a SS.
I don’t think this strategy will get you very far. Assessed values are not market value and any mortgage company worth their salt would reject such a comparison. You need to find true market comparable properties with recent sale prices then adjust for condition to make your case.