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Foreclosures, Short Sales, Tax Foreclosures, Tax Liens Forum
(Moderators:
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gigibee
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Posts: 1
Re:House Comps
«
Reply #15 on:
May 20, 2006, 07:55:50 AM »
Bank of America has a free home value search for anywhere in the nation.
Try that. It's usually accuarate from what I have experienced.
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kthor
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Posts: 13
Re:House Comps
«
Reply #16 on:
May 20, 2006, 01:55:03 PM »
zillow.com
they made some improvements
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www.JohnHomesOnline.com
www.Stateof-California.com
kthor
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Re:House Comps
«
Reply #17 on:
May 20, 2006, 05:50:52 PM »
did you click on the comparable homes? seems accurate in my area.
but unsure about the others..
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REO
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Re:House Comps
«
Reply #18 on:
May 22, 2006, 06:16:32 PM »
Be careful, zillow is junk. At least in my area.
There is a lot more to finding quality comps than just searching websites and public records. Using an "experienced" agent is the best. Appraiser second. Using an experienced REO agent is your best bet, especially if that agent does a large number of BPOs. You want to know much more than just the FMV of a property. You want to know market conditions and what you can actually sell it for, not just FMV. Especially if you plan on flipping. My area is a perfect example. All the hurricanes have created such a screwy market. The FMV of a property is only part of the story. There are many other important factors you won't get from these websites.
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