We haven’t even closed on the site — and already, we’re being punished for what we agreed to pay in 2023. Land prices have dropped, financing has tightened, but the appraiser still wants the APS. Why? Because in real estate, sometimes the past gets in the way of the present. Here's why that's a problem.
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The Price We Paid vs. What It’s Worth
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We haven’t even closed on the site — and already, we’re being punished for what we agreed to pay in 2023. Land prices have dropped, financing has tightened, but the appraiser still wants the APS. Why? Because in real estate, sometimes the past gets in the way of the present. Here's why that's a problem.