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BizReport : White Papers : Executive & Management

Are Home Value Estimators Really Accurate?

Home Value Store provides a tool that is supposed to help home buyers and sellers determine the value of a property. When you’re preparing to purchase a home, it’s best to get your ducks in a row before speaking with an agent. Look online for properties, calculate mortgage payments and do a little initial paperwork to see if you pre-qualify for a loan. When you have clear-cut ideas of what you want and what you can get, you’re in a position to act quickly if you find your dream home.

As a buyer, you need a rough estimate of what a home is worth in order to shop for a home loan. When you have a basic idea of what a certain property is worth, you can fill out the paperwork to get pre-qualified for a mortgage. When you pre-qualify, you prove that you’re a motivated buyer and agents will take you seriously.

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