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Brian Dominic wrote:

Will seller accept a bid at the tax assessed value?

In my experience you will never know unless you put in the offer.  I would also suggest that tax assessment will not always match market value.  Each town/city/county has their own assessment office and with different schedules in which they preform.  A good agent would be able to help find comparables to help with price ranges.  I will add Lake Placid is a great place to enjoy such an investment!Best of luck,Brian D[content removed by moderator]
December 25 2010