g.emerick, Home Buyer in Saint Charles, IL

I need market evaluation on my house for estate planning what is the best way to go about this?

Asked by g.emerick, Saint Charles, IL Wed Dec 5, 2012

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14
Robbie Hardy, Home Buyer, New York, NY
Thu Mar 19, 2015
My recommendation is to contact several estate planning companies and get information about them all. Go and talk to them all and interview them. This means you have to prepare a list of questions that you want answers to. If you do this you'll be able to make the best decision based on what is most important to you.
http://www.sandiegoestateservices.com/estate.html
0 votes
lewisremingt…, Home Owner, Rochester, NY
Tue Jan 27, 2015
I would recommend asking an estate planning attorney what they would suggest. They'll have a better idea than anyone else, since it's their line of work. And if you have any other questions I'm sure they'd be more than happy to help. Good luck! http://www.attorneyfairfaxva.com/Estate-Planning-Services-Sp…
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Calvin James, Home Buyer, Orem, UT
Tue Dec 30, 2014
Good job beginning to plan your estate now! It is really recommended by many to get this done in case of a tragedy. I have always gone under the motto of being prepared for everything. As far as a quote on your house goes I would just talk to a local Realtor. This is a service that they often provide. http://www.severlegal.com/trust.html
0 votes
I would get an estate planning attorney to help you walk through the whole process. It can be confusing if you try and do it all by yourself. There are guidelines to follow that you are going to want to look at before you start planning anything. A good first step would be to get an attorney. http://www.gllaw.net
Flag Mon Feb 9, 2015
Calvin James, Home Buyer, Orem, UT
Thu Dec 11, 2014
That's a good question and a very important thing to do! I would look up a company online. I just helped my mom due this a month ago or so. We just picked the company with the highest reviews. http://www.linskylaw.com/Elder-Law-Estate-Planning-Sun-City-…
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Vilma Teodoro, , Provo, UT
Wed Dec 10, 2014
I have been thinking about this as well, and I think that the best thing to do would be to hire an estate planning attorney. Even though I am fairly young, I know that it is never too early to start this process. If you can, ask your friend for referrals. They can help you find a good lawyer in your area who will help you organize.
http://www.vanblk.com/PracticeAreas/TrustEstateEstatePlanning
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garypuntman, , Los Angeles, CA
Mon Nov 17, 2014
I need to do this as well. I think it's a god idea to be prepared and do estate planning. I want to make sure I get this done soon. I could use some help with it as well. http://www.cappolellalaw.com/estates--wills--probate.html
0 votes
Mary Jane Pr…, Home Buyer, Provo, UT
Fri Oct 17, 2014
I think that the number one best way is to seek professional help. This is definitely not something that you are going to want to do on your own. Estate planning is almost impossible to do by yourself. Getting professional help is a great way to ensure that everything is done correctly.

Mary Jane | http://whitmorelaw.com/EstatePlanningResource.htm
0 votes
Wally West, Home Buyer, Provo, UT
Tue Oct 14, 2014
I have been meeting with an estate planner to make a plan for my estate when I pass away. It is really recommended by many to get this done in case of a tragedy. I have always gone under the motto of being prepared for everything.

http://www.wotitzkylaw.com
0 votes
Randy Stoker, Agent, Carmichael, CA
Fri Oct 10, 2014
Are you working with an estate planner? They probably have an appraiser who is experienced with establishing value for the purpose of estate planning. A paid appraisal by independent appraiser will be recognized by the taxing authorities vs. an opinion of a local realtor.
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Eric Hall, Agent, Wheaton, IL
Fri Oct 25, 2013
I would have both an appraisal done and 2 market analysis's done by local agents. The more third party opinions you get the better. The appraisal will cost you a few hundred dollars but they have a technical way of looking at things. A Realtor will give you their opinion based on market trends and values locally. They will have a better sense of how active an area is. Good Luck!
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elijahali21, Home Buyer, Philadelphia, PA
Fri Oct 25, 2013
The best thing you should do is to get an appraisal on your home. That way you have an exact value evaluation.
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Jeri Towell, Agent, Saint Charles, IL
Sat Dec 8, 2012
I have done a few of these for myself, past clients, friends and neighbors. Working from my own personal experience, I found when determining market value for estate planning purposes one should have a thorough CMA (Comparative Market Analysis) including cost comparison be done on the property. This requires considerable time and effort from a Realtor. If you have an experienced, local Realtor you work with, you may want to ask them. If not, feel free to give me a call at 630.258.2263.
0 votes
I have a friend in Minnesota who is looking for someone to do her estate planning. I don't know anything about it, so I can't help her out, but since you seem to, maybe you could? She's looking at this company http://www.searleslaw.com/ but what do you think about them? Thanks!
Flag Mon Feb 18, 2013
Charlotte Sa…, Agent, St Charles, IL
Thu Dec 6, 2012
It's best to have a local agent view your home and give a price opinion regarding CURRENT market values. Speculating about future value is not wise or ethical so an agent can't predict what your home would be worth next year or five years from now. If you are interested in today's value, please contact me at charlottesweb@kw.com
0 votes
Eric Hall, Agent, Wheaton, IL
Thu Dec 6, 2012
Any licensed Realtor can provide you with a list of comparable sales in your area.

You would need to provide them with your address and the characteristics of your home.

If it needs to be more official you may want to pay for an appraisal. These can cost between $250-$450.

If you need further assistance please don't hesitate to contact me.

EricHallRealEstate@gmail.com
0 votes
Congrats on starting your estate planning early. A lot of people let that slide for years. I know I could be better about getting everything figured out. I think you should go through the professional routes, just to make sure it's done right. | http://www.mbslawyers.com
Flag Tue Jan 13, 2015
I didn't know that any licensed realtor could give you a list of comparable sales. However, I would think that you need to have an accurate appraisal for your estate planning purposes. I don't really have any estate yet, so I'm not in that stage. These are good things to keep in mind for when I do need to think about it. http://www.kasman.com
Flag Thu Nov 6, 2014
This is a really great suggestion. I wanted to know the value of my home, but I did not want to pay for an official appraisal. Instead, I called up my real estate agent, and she gave me a value that she is confident about. Now, I can finish my estate planning.

http://www.kjblaw.com.au/wills
Flag Mon Aug 18, 2014
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