what do I have to do to find the value of a house?

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February 13 2010 - Marana
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Answers (2)

Really the best way to get a TRUE value on your home is to call one of us agents and have us do a free CMA, or Competetive Market Analysis. We will compare SOLDS and actives, etc in your area, and tend to be as good or more accurate than most appraisers. That should give you the best idea. I have had clients that have assumed that their tax appraisal and or the Zillow Zestimate is correct, NEITHER is close on true value usually, Zillow tends to be wrong by more than 30% in value over 50% of the time, so that is not something I would put my trust in...Call an agent, We can help!
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April 06 2010
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Dear Raja:

Ask a realtor to get you the comparables (CMA) in your area. If you need help finding one in Marana or Tucson feel free to ask me.

If you are buying a home, don't rule out a foreclosure property. This is a great time to buy. As you probably know, the $8,000 tax credit has been re-instated for first timers or those that have not owned in three years. There is now a $6,500 Tax credit for existing homeowners. Additionally if you do purchase a foreclosure property, free grant money (up to 22% of the purchase price) is available if you live in the home for periods of 5, 10, or 15 years. This makes inexpensive homes already, even more affordable. The free grant money is available through the state of Arizona. See the link for "Free Grant Money" on the buyers section of my website or through the State of Arizona for more information.

If I can answer any more questions or show you some homes or land, feel free to give me a call. I would be pleased to help you.

Regards, Jeff

Jeff Masich, Realtor
Arizona Homes and Land

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February 13 2010
 

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