OfflineOk, I understand that FMV really has nothing to do with the list prices of homes in an area. I have not found super realtor to give me all the comparables yet. How can I figure FMV on my own so that I can practice with some numbers and etc? I do not think it would do any good to practice until I am sure I am doing it correctly in the first place. I have a mls based site that shows homes in my particular area that I am using to practice. I understand that these are not always distressed and may not be the best deals, but I figured they would work for practice. I have typed addresses in the TotalView Tool available here on the site. Is the number displayed at "Our Estimate" the assumed FMV? I am sure this will be simple as soon as I understand the nuts and bolts. Your help would appreciated.
NO is not a 4 letter word!
Decisions are a 50-50 shot: yes or no!
I am glad that you understand this is just for practice and that you need a realtor for this - GOOD JOB! You can go to www.zillow.com that is a site that will help you practice. It is merely an estimate, zillow comes right out and calls is a "zestimate" which is very clever! I also like www.trulia.com it is a very good website that can assist you in practicing!
Keep on searching for that realtor to provide comparables and help as a mentor- they are out there!
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