Home Values - Loan Modification Forum

Lisa in MN · 10-21-2008, 12:28 PM

Hi everyone,
I just have a question about where one might go to find home values from past sales. When we got the current bad loan we have, the property appraised at 330,000 and 17 months later the appraisal came in at 224,000. Now I know property values have decreased but this is suspicious and I am preparing all our documents for a review by a real estate attorney. The big thing that stands out in the appraisal is where the "comps" were. Might be similar size, etc..... but in a totally different , more upscale area than our house.

Thanks in advance for any info.

Lisa

LadyDoveFL · 02-16-2009, 11:37 AM

Try your county tax appraiser's website.

10-21-2008, 12:28 PM	#1 (permalink)
Lisa in MN Senior Member Join Date: Sep 2008 Location: Minnesota Posts: 132 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Home Values Hi everyone, I just have a question about where one might go to find home values from past sales. When we got the current bad loan we have, the property appraised at 330,000 and 17 months later the appraisal came in at 224,000. Now I know property values have decreased but this is suspicious and I am preparing all our documents for a review by a real estate attorney. The big thing that stands out in the appraisal is where the "comps" were. Might be similar size, etc..... but in a totally different , more upscale area than our house. Thanks in advance for any info. Lisa

02-16-2009, 11:37 AM	#2 (permalink)
LadyDoveFL Senior Member Join Date: Feb 2009 Location: Clearwater, FL Posts: 45 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Home Values Try your county tax appraiser's website.

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