For some their home is and will be their largest “asset” they own or will ever own. Knowing the value of you home can be key to knowing what type of credit is available to you. Often finding the value of your home is really, really, really, tough and you’ll end up paying an appraiser or a real estate agent to value your home compared to those homes around you.
Now you don’t have to look any further, call twenty realtors, or get an appraiser out to your how. Zillow.com is the latest in what web 2.0 has to offer to the world and can help you learn the value of your house as well as the houses around you. The value of your house is critical to determining your equity. Equity is what the present value of your house is minus the remaining mortgage loan you have, if you have one at all!
Zillow.com goes above and beyond what normal MLS listings do if you are able to get those. Zillow puts what are called comps or comparables right at your fingertips, something only real estate agents used to have access to. Comps can help you pin point what the value of your home is based on those around you and those that have sold in your area that a similar or comparable to your home.
If you’re looking to move to another location and don’t know where to begin looking, the newspaper can be a horrendous place to start looking. All those daunting prices. Go to Zillow put in the neighborhood your thinking about moving into and presto, Zillow will tell you all about it.
Square footage, year built, bedrooms, bathrooms, land area, improvements, etc, etc. Some areas are covered more than others but they are expanding their reach every day. Give them a try and check out what your homes value is.
decide to wish you Thanks. Eugene
