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Meet The Man Who Makes Millions From His iPhone | Doug DeMuro

The Iced Coffee Hour

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Are Banks Taking Out Home?

With a house, banks will get an appraisal, and so they'll know based on the comps of all the other properties, it's worth this. But with cars, what appraisal is there? There's not says it the bank assumes thatt the price you agree on with the dealership is roughly the market price. The average oy incar is now, like almost 50 something inik i remember w it hit 30 when i was 18, and it was a huge deal. Look at us now. Yes, market is totally crazy. What was it the the average price for a toy at a cameray now is like forty something thousand dollars. Could you believe that?

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