Adam Fountain вЂ“ ItвЂ™s really based away from both endpoints. So, todayвЂ™s value as well as finished value. And then our construction loans are put up for a draw foundation, in order that we occasionally inspect and release more funds because the project gets built. But truly, if a bit of dust will probably be worth 50 grand, and theyвЂ™re building a 15 million buck apartment building onto it, the very first draw is not going to be a million bucks. ThatвЂ™d be crazy. But yeah, so that itвЂ™s reallyвЂ¦ Yeah, we love to determine both.
Adam Hooper вЂ“ so that youвЂ™ve seen on various other sources for individual money that is hard, youвЂ™re using Zestimates given that after finished value. And theyвЂ™re basing their value away from a Zestimate, that we donвЂ™t even comprehend when we can say Zestimate, it could be trademarked. Is the fact that an audio strategy?
Adam Fountain вЂ“ No. I donвЂ™t genuinely believe thatвЂ™s an audio strategy. Continue reading Adam Hooper вЂ“ Project price, acquisition cost, finished price, 65% loan to value based away from just what, worth of just what?