Hey everyone, thanks for solid feedbacks. I guess after looking over my math it doesnt matter which way I approach it. It can be frustrating since we're both 1st time home buyer and our realtor isn't great at helping us answering these questions. I only used him for kickback credit for the new house(meaning he shared his commission and applied credit back to the final cost of our home).
Overall, I do understand how they market a house and determine the price of a home: square feet,rooms,bathrooms,house price around you, etc etc.
What I don't understand is that I saw some neighbors that have final sales of $405k and their market value is $270K, which lowers their property taxes. Our lender states the market value is usually a little lower than the final price, but this situation it's a big difference,
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