Can someone please decipher the following comment in a listing? "Solar Panels $228 a month for 20 years (owned)." I interpret this to mean there is a large loan on them, therefore they are not "owned" and I should not assign them any value, correct?
I am beginning to suspect a few of my core clients are using alot of appraisal waivers. 90% of the orders I have gotten in the past month from lenders (not AMCs) are unusual properties. Log homes on 30+ acres, "carriage house" style where the whole bottom floor is a 3 or 4 car garage with a 1 bed, 1 bath living unit on the second floor; Yurt type things!; and today, an 1850's village colonial that looked easy peasy, until i inspected and found out the only kitchen is below grade in the basement. WTF. Anyone else getting a majority of these stinkers?