You can't trust ANY website for an accurate valuation. It's hard enough to estimate value for a HUMAN, and next to impossible for a computer. Sometimes the computer gets it right, but that is only because it got lucky with the comps. Valuing property takes common sense, which computers do not yet possess (and neither do many humans). The computer models simply use public records...so if a house is in a certain area, has the same number of rooms and the same square footage, the computer assumes they are equal, or comparable. You and I both know they might be VERY different...one could be a showplace, while the other could be really ugly with mold and 1960s décor. You need a human eye. As a buyer, you don't pay a realtor, the seller does, so you should really take advantage of the FREE help that is available to you. And try to find a GOOD one, that goes a long way as well. Best of luck...... more
We would need some more information from you to answer this question. I work with a mortgage broker who might be able to help you depending on where you are looking to buy, your income, etc, so give him a call or send him an email.
Key Home Mortgage
Good luck! Angela Dolber, Realtor, Prudential Prime Properties email@example.com... more
You can still split the loan in 2. I can offer a 1st mortgage at $417,000 with a fixed rate 2nd mortgage up to $150,000. Combined financing of $567,000, with a purchase price of $700,000 you would need $133,000 down. True Jumbo loan pricing is rough, even the portfolio lenders that were agressively priced have become less aggressive as the funds available are limited.... more