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Did you know that many people don't know what their home is worth? It's true! Most people do not know what the going value of their home is. Frankly, they don't worry about it until they have to sell it. But it is important to know what your house is worth and you can find out by going online and using a free home worth calculator. How does it work? A home worth calculator will allow you to enter information into it that coincides with sales in the area you live in and how much you paid for your home to start working out a value. It will ask you for information on improvements and then calculate a ballpark figure based on current real estate trends. You will be surprised at the variety of calculators that are currently available to serve your needs. Plus, you don't have to use an expensive appraiser to get the value of your home. The free calculators work almost as well as a real estate appraiser. Of course if you are getting a loan, you will need to get a real estate appraiser before the closing. It's also a good idea to check out more than one. Then once you get a few numbers, average them together to come up with the base figure value of your home. You can then use this number to set a selling price or even leverage a home equity or refinance loan to your benefit. Once you know the value of your home then price your home slightly less. This will bring in more foot traffic. When you have more traffic you are more likely to get multiple offers which will drive the price up. If you are buying a home then check the value of the house before making an offer. I would suggest making an offer slightly less than the calculated value. If the seller refuses your offer, then show them the estimate you received online. This might help you save a few thousand on your next home. To find out how much your house is worth, use our House Worth Calculator at http://www.houseworthcalculator.com. Our system is easy to use and will help you determine the value of your home fast.
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