One of the questions I ask people as they are getting a loan is "what is the house worth?" It is a critical component as this is what is used to calculate your loan to value ratio.
Most people keep up with values in their neighborhood based on recent sales, but there is a web site that is becoming more and more popular which can give you a pretty good idea of what your home is worth. Visit www.zillow.com and enter your home address and see what it says. Keep in mind this is not an appraisal, and an appraisal usually brings a higher value, especially for a purchase.
I don't know about you, but I can't until Spring finally gets here.
Until next time...
Anthony
Anthony Kirlew
>www.anthonykirlew.com
>www.consumersadvantagemortgage.com
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