APPRAISAL
Lenders & agents are great souces of appraisal info. However, back up what they say with the websites listed belew. IMPORTANT: When obtaining an appraisal, ALWAYS get after repair "ballpark" appraisal.
When requesting that an agent obtain comps, the agent should pull . . .
¼ mile, 3 month-6 month comps
&
½ mile, 6 month- 9 month comps
NOTE: Banks may flag you for appraisal review, so keep comps close to home.
LINKS
Appraisal Institute
CyberHomes
Fidelity Company
First American Core Logic
Costs $3/search
Most accurate, used by many national banks
Housevalues.com
Move.com
National Association of Independent Fee Appriasers (NAIFA)
Real Estate ABC
Reply.com
Trulia
Zillow
Not most accurate appraisals - Provides a "zestimate"
Both over and under reported values, n
Not always most recent
*** Good Feature: Look at yellow boxes around subject property to see what they have been selling for.
