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Reply to "large disparity between list price and value for tax purposes?"
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[quote=Anonymous]I know that valuation for tax purposes doesn't move in lock step with prevailing sales prices, but what would you make of a large (about $250k) difference between them? It's a neighborhood with little turnover so there aren't any comps and it's been on the market for a while, so I'm wondering just how out to lunch the seller is or whether I'm not thinking of something.[/quote]
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