Find the FMV of a home in seconds online

While nothing can substitute for a written appraisal, Debtors' Attorneys can now obtain a rough estimate of the FMV of their Clients' home in about 60 seconds via Bank of America's online Home Value Search. The provides an almost instant market value for stand-alone homes and condominiums. Just enters the address of the property to receive a report that provides the low and high range of current FMV, plus additional information such as square footage, total number of rooms, the year the house was built, the number of bedrooms, whether or not it has a pool, etc. The service also provides actual comparable recent sales within a 1/2-mile radius. Note however that the value estimates produced tend to err on the high side. They may also not take into consideration recent additions that could raise the value of the house, or needed repairs that reduce the value. Nonetheless, this is a valuable little tool, and there is no charge for the service.