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Updated almost 8 years ago on . Most recent reply

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13
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Jason Rostar
  • Santee, CA
2
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13
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Appraisal Value VS. Estimated Value

Jason Rostar
  • Santee, CA
Posted

Hey everyone!

If someone has already answered this question somewhere and could point me in the right direction, that'd be great! Otherwise.... My situation is as follows: 

I used the VA loan to get a property. The seller put the home up for 350k - I offered 350k - then an appraiser said it was only worth 280k and the VA would only fund it for 280k. I offered 285k and the seller accepted, luckily, as I had about 2k of skin in the game at this point.

Fast forward 4 years later and I'm ready to sell this property. Zillow says it should be worth 470k (I understand that Zestimates are accurate within 10%-20%). How do I make sure that I don't get into the same situation that the previous seller was in? It is currently rented out. Should I try to make a time for an appraiser to look at the property before putting it up for sale?  

Thanks in advance! 

Most Popular Reply

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17,478
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30,165
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,165
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17,478
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Hire a good agent 

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District Invest Group
5.0 stars
44 Reviews

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