The Real Estate Encyclopedia
Is a Zestimate an Appraisal?
Category - Mortgage Questions - Mortgage Loans FAQ's
The Zestimate is not an appraisal and you won't be able to use it in place of an appraisal, though you can certainly share it with Zillow.com does not offer the Zestimate as the basis of any specific real-estate-related financial transaction. Our data sources may be incomplete or incorrect; also, we have not physically inspected a specific home. Remember, the Zestimate is a starting point and does not consider all the market intricacies that can determine the actual price a house will sell for, such as entertaining offers, negotiating, closing costs, timing, etc.1

For more information see Zestimate and Zillow.


References
 
Category(s)
Home Buying Questions - Buying Disclosure & Inspection FAQ's
Mortgage Questions - Mortgage Loans FAQ's
Home Buying Questions - General Home Buying FAQ's
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