Home Valuation Websites

November 11, 2011

REAL ESTATE INVESTING

HOME VALUATION WEBSITES – My favorite one is CyberHomes.com, because its values are always on the conservative side.

To properly use Zillow, you need to select Comps in the right sidebar, and then manually check comparable properties.  The automatic Zillow values you get on the photos are overpriced because Zillow uses Trustee Sale (foreclosclosure) prices, which are technically the overpriced loan amounts banks take properties back at, as recent “sales”.

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