Of course zestimates are useless. Trying to guess the value if a home from a few statistics will always be wrong. The good news is that only stupid people believe the stupid number.
Richard, Your unit and the view look great. The issue is that Zillow pulls information from the tax records and the county feels that the unit is only worth 769,600. While you could ask for a higher assessment, your taxes may double and make your unit unsellable. As it is, jumbo loans are hard to come by. Many homeowners are trying to reduce debt and home size which decreases demand for high value properties like yours. Good luck with the sale.
Check you square footage with the county. It is probably wrong there to since that is where zillow pulls it's info. Caution: higher square footage = higher taxes
Speak to Chris Carlson. Seems that he is the agent that posted this.
Sorry Sea,Apparently this isn''t about answering your question.Yes hypothetically a car that you make yourself, a Yugo and a Lexus are identical. All cars, all have four wheels, a steering wheel and an engine.Equally hypothetically, buying your home yourself, with an inadequate real estate agent and a good Realtor are all identical.Realtors are not a commodity. All are not equal. Some buyers on their own will do better than if they had a Realtor. I propose that the best Realtors are better than going it alone.PS: I don't drive a Lexus, but I don't drive a Yugo either. ;)
Sounds like some "realist" has a chip on his shoulder. Let's put it this way. There are good cars out there and bad ones. A Yugo won't cost nearly as much as a Lexus. it may even get you where you are going, but is it worth the savings if it breaks down and doesn't get you to your destination or you have to pay to get it fixed along the way? Buyers agents are typically paid by the sellers. So have you really "saved" anything?
Purchasing a car will increase your debt to income ratio if you take a loan to do that. A $500 per month car payment could reduce you home purchase ability by $100,000.
Hi Sandra, Answers to your questions in order followed by some comments... 1a) Get a Realtor involved as soon as possible. A good Realtor will be able to answer questions as they arise, meet with you for neighborhood orientations and help you narrow your search areas. 1b) Years ago a "neighborhood" agent was important. Realtors specialized in a very local area. Technogically savvy agents have the tools to give you the information for any area. 2) Websites give you a starting point. Talking to future co-workers or friends in the area is helpful, but ultimately it will be your personal comfort that will make the decision for you. 3) The FICO scoring system allows for you to shop for a mortgage for 45 days. If you are not purchasing a home for 5-6 months, you could start now, but I would wait until just before you start you home search. 4) You should use the lender who gives you the best rates, fewest fees and best service. The best lender may be a bank that you have done business with in the past, one recommended by you Realtor or one recommended by a friend. I personally have had bad experiences with Internet lenders and prefer local lenders that understand the Virginia Settlement Act. Welcome to Virginia. It is a great place to live that offers something for everyone.
Could be your browser. Which one are you using?
???? What do those, "NAR talking points" have to do with removing a zestimate?Pasadenan. Quote your source. I've only been in the NAR for 7 years, but I have never seen them say any of that stuff.