What is the best way to present the value of your house to a refinancing lender?
JoellaMost people have a ball park idea of what their house may be worth. You may give this figure as a starting point. A lender will check approximately what your home is worth before an appraisal to make sure your ratio of loan to value is there before the expense of an appraisal. I am a professional financial mortgage consultant and I would be glad to give you advice and guidance for free.
CierraTo have it appraised.
LiseThe only acceptable way to value your house with any certainty is an appraisal. It generally costs around $300 but is a useful financial tool. If you are just looking to get a quick feel for the value, use a site like zillow.com to determine the values in your area.
CarlotaYour lender will have an appraisal done as part of the process. There's nothing you can do to "present" the value of your house prior to the appraisal.