First time poster here. My name is Steve and I live in Palm Beach County in South Florida. Read Deans' books within the last year and I'm ready to jump in. I have to try assignments right now because I really don't have the funds for other methods. Anyway, I've been driving around looking for FSBOs', getting the addresses researching the properties using; Zillow, cyberhomes, eppraisal, totalview and so on. I get the assessed value from the property appraisers website. So far, every single property I've researched has an asking price at least 100K higher than the estimates I get from all those Zillow type sites. I'm looking at homes that should be in the 150k to 350K range. Am I missing something here? How can I make an offer that is 30% below FMV when these sellers are asking at least 30% above FMV.
Any advice would be greatly appreciated