Thursday, May 27, 2010

Houses for Sale Hanover PA - How to Find Out What They're Worth for FREE!

Houses for Sale Hanover PA - Click Here for the Cheapest Bargains now or see the Video below!

By far the most important and sometimes the most difficult question when it comes to considering houses for sale in Hanover PA or anywhere for that matter is trying to figure out the home's value. Seasoned investors will pretty much always rely on their relationships with industry professionals like appraisers or realtors to find out; as would real estate wholesalers like myself.

However, as times have gotten more difficult with the recession, it's harder and harder to find an accurate value for houses for sale in Hanover PA. In the past you could rely on professionals but today it's hard to find those who will go out of their way to help you when sometimes it doesn't benefit them financially. It's sad when this happens but it's understandable.

So when it does and you can't get the information you need from either an appraiser or realtor, where should you turn?

You're probably well aware there's lots of places on the internet to turn to. Some require money and some are free but how do you know which are the most accurate.

Well, if you're considering buying houses in Hanover PA or investing in Hanover PA real estate or York County for that matter, here's my "opinion" and why you should listen to it.

Over the last decade, I've been involved in real estate investing and the mortgage business and have seen a lot of appraisals over this time. And what I've been paying attention to is comparing the actual appraisal value to the FREE estimates available online with numerous sources.

By doing so, I've noticed a trend and seen first hand which one of these home value estimators comes closest to the actual appraisal value consistently. This is extremely important information for you.

I'll start with the worst and end with what I feel is the best source for you right now.

First off there is:

Zillow (consistently is off target from the actual home values. The value indicated at Zillow typically comes in lower than the actual appraised value.)

RealEstateABC (used to be pretty good a little while back but now the values match that of Zillow and in fact Zillow is referenced on their site as well?)

http://CyberHomes.com (this is a good one and the value estimates on this are pretty close to actual appraised values. And, they will also provide you pictures of the home and the surrounding area which is a nice feature. This is especially handy when you're looking to buy an investment property and you're trying to get an idea of the surroundings.)

http://realquest.com (this is a pretty good site and also provides you a list of comparable sales which comes in very handy.)

And by far...the best source I've found lately is.

http://www.reversemortgageguides.org/reverse_mortgage/property_value_search (it's a long one I know. It's something I stumbled upon one day in my search but believe it or not, the value estimates on this are very close to actual appraisal values. This is the one I now turn to first.)

Now, of course they're not 100% accurate but the closer you get, the better. And also, some addresses don't get found on either of these sites no matter what you do. Depending on where you are, there just might not be enough data.

Bottom line. If you're thinking of buying houses in Hanover PA or investing in Hanover real estate or trying to get an idea of your own home's value, the above sites are crucial in today's market.



Mikk Sachar has an MBA in Finance and currently owns his own real estate investing company as well as his own mortgage brokerage and after 10 years of working in the trenches of the mortgage industry has cracked the code on pre-foreclosure investing, especially short sales. Realizing he can only handle a limited number of real estate deals personally, Mikk now wholesales/sells his bargain pre-foreclosures for pennies on the dollar to other real estate investors looking to invest in York County, PA. To be added to his priority list of buyers, visit http://2days2buy.com where you can expect to buy bargain real estate in York County, PA.

No comments:

Post a Comment