Valuation Toolbox
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Most consumers do not have the complete understanding of our market and what the real estate values are in their area. While it would be nice to assume the estimated value a customer gives us is accurate, experience tells us that we need to be more proactive with our value estimations before investing too much time in the deal. Below are a few useful links that will help in determining an estimated LTV. These sites can give "property value estimates" prior to the submission of a file. They let you know when the expected value could be higher or lower. Keep in mind these sites will just provide an estimate of a value. Since some states do not disclose sale prices as public knowledge, the estimates provided by any of these sites are not a reflection of a true appraiser opinion.

Cyberhomes.com
Realtor.com
Homes.com
Zillow.com
Netonline.com
FHFA.gov
HouseValues.com

 

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