Wednesday, Jul. 19, 2006

Home Appraisals

Zillow
This site uses tax records, sales history and actual amounts paid for comparable properties in your area to calculate an estimate ("Zestimate") of your home's worth. You don't have to identify yourself or deal with a broker to use the service. Check out the new color-coded "heat maps" of 17 cities that compare Zestimates per square foot by location. When you're ready to buy, consult the Mortgage Professor's Web Site, a site packed with useful advice from expert Jack M. Guttentag, a retired finance professor from Wharton who assesses lenders and offers tutorials, calculators and a glossary, while warning borrowers about the hazards of the current market.