Home Buying in Huntington>Question Details

John, Home Owner in Shellman Bluff, GA

What happened to the home valuations? I've been signing on to check my home's value and it's gone.

Asked by John, Shellman Bluff, GA Sat Feb 23, 2013

Help the community by answering this question:

Answers

3
Hi John- are you looking for the Zestimate on Zillow?
0 votes Thank Flag Link Sun Feb 24, 2013
Not sure why one would simply rely on online valuations; keep in mind that some are inaccurate, nor updated; rather review comps with your agent, recently sold similar properties in the immediate area, see what the data suggests and go from there....
0 votes Thank Flag Link Sun Feb 24, 2013
Home values have actually been increasing nationally, but of course, that's not the case in every local market. Be skeptical of online valuations, which are notoriously unreliable, sometimes close other times way way off. And even appraisals ordered by your lender during a purchase or refi can undervalue the home for many reasons including foreclosures and short sales activity in the area. Short of an appraisal, the best way to get a sense of your home's value would be to contact a local realtor and request a Comparative Market Analysis (CMA). The agent who assisted you with your initial purchase would be a good place to start. For more info or assistance reach me directly at 917 699 0183 or via email michaeldenniston247@gmail.com. Follow me on twitter @mdenniston247.

I value your feedback. Please give me the thumbs up, if this information was useful.Good Luck!

Michael Denniston l Cell: (917) 699-0183
Residential Home Funding, Corp.
Licensed Mortgage Loan Originator l Sales Manager
6901 Jericho Turnpike Ste. 219 | Syosset, NY 11791
Main: (516) 605-1733 | Fax: (888) 881-2557
NMLS # 24076 | Company NMLS # 34973
Mdenniston@RHFunding.com
http://www.rhfunding.com
0 votes Thank Flag Link Sun Feb 24, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer