discount for sweat equity

The Fluctuating Discount for “Sweat Equity”

2005 vs. 2012 Once upon a time, when the housing market was overheated — like 2005 — a home that needed $100k in updates might be discounted only $50k -$75k. Today? The same home might easily be discounted twice the projected updating cost, or $200k or more. Why the shift? Explanation I see two main...
Read More