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I need a Real answer on Value.

I have had my house appraised by a llegal appraisal company, yet when I have asked several realtors to give me an evaluation of how much they think I could sell it for they all have informed me that I could not get anything more than $100,000 below the legal apprasial amount. Of course they do not know that I have had the house appraised before I called them. They are saying my house is worth less than the appraised value ($100,000) less. Is there not something legally wrong here. Or do the realtors determine the value of your house and not an appraiser? Who do I believe?

Also they are telling me that the assessed value means nothing, that it is only there for tax purposes and has no bearing on the value of my house. Is this true?

I am talking about more than 5 different realtors from different companies.

Authors: ratealawyer.com

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