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Answers (2)
- Lydia Player, "LydiaPlayer"
- Contributions:463
Short answer - no. I don't know of any bank or mortgage brokerage that would accept a 'zestimate' as an accurate value.
- Naima Sumner, "Dallas Ft. Worth PRO"
- Contributions:2847
I really hope not. They would be digging a bigger hole for the mortage industry and appraisers would be out of a job!!!
Zillow themselves claim that their "zestimates" are about 35% off in DFW. I think it's more around 70%-80%. The other 20% if from those actual homeowners that entered the value of their home themselves.
TX is a non disclosure state.
Naima
Zillow themselves claim that their "zestimates" are about 35% off in DFW. I think it's more around 70%-80%. The other 20% if from those actual homeowners that entered the value of their home themselves.
TX is a non disclosure state.
Naima
Are there any Texas banks that use Zillow Zestimates for appraised value?
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