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how do i get the current value of my home?

781 Malone Lane cookeville tn 38506
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September 25 2009 - Cookeville
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Answers (4)

The best way is via an appraisal and just paying the fee.
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November 04 2009
Many lenders check with Zillow to get a quick feel for the property.

An appraisal usually costs between $350 $450 and will be much more accurate than zillow. If you are considering financing your home, make sure your lender of choice orders your appraisal because he may not be able to use yours if you have the wrong type of appraisal done.

A real estate agent can give you a market analysis of your property if you are considering selling and will help you set a sales price.

Ultimately, your property value is what someone else is willing to pay for it. Once sold, the new sales price will be the newest sales comparable for your property.
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October 27 2009

Depending on what you are trying to achieve, the fastest and easiest way to get an estimate on the current value of your home, if you haven't already, is to do it right here on zillow:



http://www.zillow.com/homes/map/781-Malone-Lane-cookeville-tn-38506_rb/



It gives you an estimated value and you can also find additional information such as sales comps, etc. Another alternative is yahoorealestate.com.  Values provided are just estimation.  Please always seek the advice of professionals if you are trying to sell or refinance your home.



If you are thinking about selling your home, then it's best to talk to a realtor in your area, he or she will be able to provide you with a Comparative Market Analysis (CMA) to give you an assessment on the market value of your home.



If you are trying to refinance, you should talk to a mortgage broker or a loan consultant as the market value is one of the most important component to determine if you will be able to refinance with the new guidelines.

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September 25 2009
You can enter the home information in Zillow or contact a Lender/Broker. Many now use systems to find an estimated value of your home before starting the refinance process.
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September 25 2009
 
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