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I am preparing to buy the home I am in in South Carson and need advice.

The owner is financing me so I am paying what he is asking for the home, which is very close to what he paid for it.  I am not certainI am getting the best deal, especially in todays market.  Any advice would be appreciated.  Thanks
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March 30 2010 - Carson City
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Answers (1)

Do you know anyone who works in real estate in your area. Ask them to prepare a CMA (comparative market analysis) to see where the purchase stands in comparison to resent sales and current listings in your area. Or you can order an appraisal from a local appraisal company, but this will cost you a few hundred dollars. You will have to make some concession since the owner is taking on the risk of financing the transaction.

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March 30 2010
 
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