07-31-2009, 10:32 AM
As far as I understand, if I ask a realtor to value my house for a sale, that's an appraisal. I can get a CMA myself by reading Harry Pritikin's emails (he publishes recently sold prices, aka - CMA) You can find out right away what the comp values are of all the homes sold in your area.
Glen - Are you looking for the market value of your property, should you put it on the market today? If so, I have an idea. Tell 3 realtors you are thinking of selling and ask them what they think you could market your house for. Take the average of their numbers and call that your "appraisal value". Or if you can't be bothered to bother the realtors, find out what houses in your area have recently sold for and use that to go by.
Glen - Are you looking for the market value of your property, should you put it on the market today? If so, I have an idea. Tell 3 realtors you are thinking of selling and ask them what they think you could market your house for. Take the average of their numbers and call that your "appraisal value". Or if you can't be bothered to bother the realtors, find out what houses in your area have recently sold for and use that to go by.