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Appraisal vs. Fair Market Value Analysis

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bummed

Junior Member
What is the name of your state? MO
I need to determine the value of our home. Is there an advantage to paying for an appraisal vs. a free fair market value analysis by a real estate agent?
 


Ohiogal

Ohiogal

Queen Bee
bummed said:
What is the name of your state? MO
I need to determine the value of our home. Is there an advantage to paying for an appraisal vs. a free fair market value analysis by a real estate agent?
Click to expand...
Check your local rules. The court rules may dictate that only an appraisal by a certified appraiser is sufficient.
 
B

Bali Hai

Senior Member
bummed said:
What is the name of your state? MO
I need to determine the value of our home. Is there an advantage to paying for an appraisal vs. a free fair market value analysis by a real estate agent?
Click to expand...
Depends.

If you are buying her out it will be the higher of the two.

If she is buying you out, it will be the lower of the two.
 
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