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Podcast: Mobile Home Park Mastery
Episode: Do You Need An Appraisal On A Seller-financed Deal?
Description: When the seller carries the financing they typically donโt require a formal appraisal. Despite the absence of a formal loan committee thereโs still the need for a Phase I Environmental Report and a survey. But do you need to have an appraisal done? In this Mobile Home Park Mastery podcast weโre going to explore the uses of an appraisal, the cost vs. benefit, and some alternatives to help you gain confidence in the price you are paying.