Modifications,Short Sales,Deeds in Lieu,WriteDowns

Valuation Tip...

Posted on Wednesday, April 22, 2009

Most lenders and servicers aer using Zillow to value property when underwriting a modification. Since that service does not really accuont for upgrades and improvements you may have done since you;ve owned the home, make sure you lender has a written description and even an opinion from a local realtor or other qualified person so they know how much these upgrade add to the value of your home.

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