I live in a very rural area in VA
2006-06-10 17:08:16 · 5 answers · asked by tlj 1 in Business & Finance ➔ Renting & Real Estate
You can't. Websites like zillow & bofa are not at all accurate. For example, zillow uses loan info. We paid cash for our house, so it shows the last thing it could find which is the foreclosure from the previous owner in May of 2004. My neighbor paid 1/2 cash and financed the other 1/2 of her house (just 2 months ago) and sure enough zillow values her house for the exact 1/2 that she financed. Nothing to do with market conditions in either case. bofa.com shows my house being 30 years older than it actually is, and once again the estimate that it gave had nothing to do with market conditions. homefindinginfo makes you fill out a form, and I still haven't heard back from them. You could have a Realtor come by and have them give you a rough idea of what you might price it at if you were going to list it. They would do that for free.
It has been over 26 hours since I submitted my request to homefindinginfo.com, and I still have not heard back from them.
2006-06-11 03:26:43 · answer #1 · answered by Sharingan 6 · 1⤊ 0⤋
If all you need is an approximate value, your best bet is to get a property profile from a local title company such as First American Title or Chicago Title or whichever that is available in your area, you can check with a local realtor for the list of title companies in your area. Also a local real estate agent should be able to obtain this for you at no charge through a title company rather than you doing it by yourself, however, if you can go direct then you wont be getting annoying phone calls form the realtor trying to get your business.
You should also remember that the best way to get your property value is by going through a licensed or certified appraiser to get true market value, but they always charge for their services. So it all depends on your purpose. Good luck.
2006-06-11 04:15:04 · answer #2 · answered by SRod 1 · 0⤊ 0⤋
FREE is always worth what you paid "nothing". Your home is an asset and investment. Depending what your goal is ...sell, refi.,use it as a rental, you should invest in a professional appraisal. A written apprasial is good for up to 6 months and worth the money. If you are thinking of selling...write the LoanDiva and I'll do a full property analysis for free.
2006-06-11 01:28:51 · answer #3 · answered by LoanDiva 1 · 0⤊ 0⤋
http://www.zillow.com/
Bear in mind these things are slightly off... As in, I had my house appraised 1 1/2 years ago and every online appraisel I've had has been 20% off. Every one of 'em.
2006-06-11 00:18:45 · answer #4 · answered by HOSSENPHEPHER 1 · 0⤊ 0⤋
Best way is to get a home value from http://www.Homefindinginfo.com
They value your actual home based on previous like properties that have sold... NOT a computer generated value like every other site gives you.
2006-06-11 01:05:17 · answer #5 · answered by bmwdlr 2 · 0⤊ 0⤋