Determining Fmv

I know the tax is assesed at 28000 they are asking 25000. I also know the assessment is low. How would I go about finding the fmv with absolutly 0 money?

JnJ
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Comments(5)

  • mcole12th March, 2004

    Greetings JnJ,

    Try this site... http://homesales.basis100.com/home_sales_report/

    It'll at least give you an idea of what other homes in the area are selling for.

  • davehays12th March, 2004

    Yup, you gotta run comps

    www.realtor.com is good too. Talk to realtors to get comps

  • tinman175512th March, 2004

    JnJ
    Get in touch with an appraiser. They can run comp searches for free.

    Lori
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  • jbinvestor12th March, 2004

    mcole,

    Thanks for the link
    Also on yahoo you can check comps for free as well here is the link:

    http://realestate.yahoo.com/re/homevalues

    JB
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  • JnJ12th March, 2004

    thnx so much all! I guess I do live in the hicks...none of the sites had comp info for my tiny town lol sad very sad.


    JnJ
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