[knowledgeable]

How much more details do you need to answer my questions on Jun 2010. I thought I was very clear and detailed... Please check again under user name "knowledgeable"

I THANK YOU in advance of your response

[ballengerb1]

Your question was answered. Go back to your original post and read what Chuck said. If you want to ask more questions use the blank box at the bottom of that post. Call around and ask about a reverse mortgage, it may be what you need.

[knowledgeable]

Thank You Mr Ballengerb1, for responding to my "knowledgeable" request. We do not want a reverse mortgage, we only want to establish a value of our present home because we live in Janesville WI. Where property values have supposedly devalued, but to what extent is what we are questing.

[Fr_Chuck]

The issue is that in the same area, a lot of property has lost from 30 to 50 percent of its value of 2 years ago.

So if you had a firm value 2 years ago, esp about 40 percent loss of value and it would be close.

Also while not asked, merely look up property within a mile of your home that has sold recently. You can use this to ask for a reduction in your tax value, I had my tax value reduced by 60 percent this year, since my home has lost over 60 percent of its value.

[ballengerb1]

A licensed real esate appraiser should be able to get you comps if you can't do it yourself. I many places values dropped but hgopefully less dramatic than what Chuck has experienced. Are you asking because you'd like to see your tax bill go down?