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Is it a bad thing to have the largest home on the block with the highest value when planning to sell

Profile picture for DummiesforRefinance
Need to refinance the home to buy out my ex.  Do I have to pay her based off of what the home appraises for or some other market value figure?  This is the largest house on the block, will that hurt or help me in the refinance or sell of the home?
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April 07 2011 - Cabot
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Profile picture for wetdawgs
You and your ex will have to decide the buy out price (perhaps with the help of lawyers or mediators).  Usually it is the current fair market value.  

The largest home on the block tends to have a lower value per square foot than its neighbors, but that shouldn't affect you in refinancing.   
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April 07 2011
 

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QuestionIs it a bad thing to have the largest home on the block with the highest value when planning to sell
  • Latest answer by wetdawgs
  • April 07 2011
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