Thursday, January 17, 2008

Warning!

There is a bunch of information on the Internet about how you can log onto a company web site to learn the current value of your home. For the most part I find this to be misleading for home owners. Online automated valuations are not appraisals and the legality of these models is being debated as I write. This is NOT a valuation, it is a automated guess at best.

Realistic valuations are typically secured one of three ways. The best way is by hiring an independent licensed appraiser to do a full appraisal overview; its a process not a guess. There is a fee but well worth it in the end.

Another way to find a fairly accurate value for your home is to have your real estate agent do a comparative market analysis (CMA) which is typically free.

Finally, look at your most recent tax statement which will provide the estimated fair market value of your property. If your property has been recently assessed that "estimated fair market value" is normally pretty accurate unless your tax assessor is especially conservative.

Work with professionals if you want accurate and truthful results!

We received a little snow last night; the ski trails are excellent and the snowmobile trails in the woods are good. Have a great weekend!

Life Is Good...Enjoy!

Gary Nathan and
Amanda Mavis
Woodland Dev. & Realty
15617 Railroad Street
Hayward, WI 54843
715-699-4040
nathan@garynathan.com
http://www.garynathan.com/

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