Hi,
A banker sent 2 appraisers to appraise 3 properties my partner and I have in small cities in Ontario.
On average based on the value the appraisers provided back to the bank, our properties doubled in value on average since purchasing them in 2007. Sounds good. Is this possible?
For example a 6-plex purchased for around 300K is now 600K.
Thanks
A banker sent 2 appraisers to appraise 3 properties my partner and I have in small cities in Ontario.
On average based on the value the appraisers provided back to the bank, our properties doubled in value on average since purchasing them in 2007. Sounds good. Is this possible?
For example a 6-plex purchased for around 300K is now 600K.
Thanks