Current market value of home
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Current market value of home

 
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ljl56
Guest





Posted: Wed Jul 20, 2005 8:13 pm    Post subject: Current market value of home Reply with quote

How is this determined? Certainly there are assessments that are
higher than the reality of the realty market and I'm not sure what to
base this on.

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Steve Blank
Guest





Posted: Wed Jul 20, 2005 8:30 pm    Post subject: Re: Current market value of home Reply with quote

This question appears on the CSS/Profile and some college's own forms,
but not on the FAFSA.

Essentially the question means, if you sold your house today what is the
likely price it would bring? You can base your answer on recent sales in
your neighborhood, ask a local realtor, or take your best guess. But
avoid wishful thinking since the higher the value you use the less aid
you are eligible for.


Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761
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Steve Stone
Guest





Posted: Wed Jul 20, 2005 10:13 pm    Post subject: Re: Current market value of home Reply with quote

Since my property tax appraisal is based on 100 percent value I used
that number since it was from a local government source.

Didn't matter what number I used. Still received zero dollars, zero
cents in aid for my daughter. The feds would rather see the middle class
dry up and roll over and prepare for careers as prison guards, private
security, retail sales, and landscaping. (I'll mow your front yard for
$5 mr. politician)

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