You can use zillow.com to estimate your home's value, however it will be more of a general estimate. You can also get an estimate for a Realtor. If you are planning on using a Realtor to sell you home get a consultation from one to see what they would recommend listing it for. You can get an estimate from the Realtor based on the comparable properties in your area.
Ask your favorite realtor - they would be glad to give you a estimate- But remember it is just a estimate. when a appraisal is done that is the valuethat will be used by the lender
Any valuation of your house is an estimate. Even a professional appraisal is an opinion, albeit an educated one, of what the property might sell for if it were on the market. A property's value is also a snapshot in time, because its value changes over time: the local housing market might improve or decline; a downtown nearby might have a renaissance or a decline, thereby raising or lowering property values of homes in the area; the house itself may be given an addition or fall into disrepair. Nonetheless, there are several ways to find an estimated value of your home. without getting an appraisal you should consider getting your real estate agent to search the value in the area and give you a report and sales price they would list the property for.emarez@thefederalsavingsbank.com
Zillow & Trulia are good resources, as well as your county assessors office.. but the best way to find out without hiring an appraiser is to talk to a local real estate agent.. because they are in tune with your local market, they will know where the trend is heading and they have all the tools to value your home and they do this all for no charge.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Send your address and contact info to me at primefinancial@frontier.com, and I will give you my estimate, which is often within 5% of the appraisal amount. I may even consider purchasing it, so you avoid the expense of a realtor.
Contact me and I will be happy to do a free CMA for you.
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