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Updated almost 6 years ago on . Most recent reply

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Brian Rodriguez
  • Investor
  • Virginia
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Accuracy of Pre-foreclosure amounts on zillow?

Brian Rodriguez
  • Investor
  • Virginia
Posted

I run across multiple listings on zillow that say the home is in pre-foreclosure and gives the estimate on how much they think the pre-foreclosure is.

Anybody have experience on how accurate the amounts might be?  

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Bill Plymouth
  • Real Estate Agent
  • Philadelphia, PA
396
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Bill Plymouth
  • Real Estate Agent
  • Philadelphia, PA
Replied

The “zestimate” can be as much as 40% off.  I imagine that can leaks over to the pre-foreclosures.  Zillow is a good place to get a base idea.  Not 100% solid information.  

Check your city/county records.  You should be able to see what properties are about to go up for auction due to tax liens and foreclosures.  That is a much more accurate way to find that information. 

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