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Get a free home value estimate immediately. Contact your real estate agent to do a market comparison report or get an appraisal done by a licensed real estate appraiser. A licensed home appraiser or REALTOR® can visually inspect your home to determine fair market value and assist with pricing recommendations before listing on the MLS® database.
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Let’s take things at face value and kick our judgments to the curb. Read on to find out what the stars have lined up for.
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Your home equity is the difference between the appraised value of your home and your current mortgage balance(s). The more equity you have, the more financing options may be available to you. Your equity helps your lender determine your loan-to-value ratio (LTV), which is one of the factors your lender will consider when deciding whether or not.
Find out how much your home is worth with Zolo’s Home Value Calculator Tool. Get an instant estimate of the current value of your house by entering your address above. Zolo estimates Canadian home values based upon many factors, including nearby homes, recently sold properties, canadian census data, location and other real estate market.
Home equity is the value of your home minus the balance of your mortgage. To put it another way, home equity represents the portion of the house you’ve "paid off" and therefore own.
· How to Increase Your Home Value for Appraisal. Now is not the time to have a leaky faucet or running toilet. These are easy fixes and should be taken care of before an appraiser arrives. Arm yourself with a paintbrush and be sure to touch-up your paint from the normal wear and tear of living.
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Your home value is an estimation of what your home is worth. Also referred to as fair market value, it’s the price that a willing and informed buyer and a willing and informed seller can agree on.