HomeZada's dashboard estimates your home's current market value using 100 million property records, then forecasts its value over three years. It shows equity calculations, compares estimates to your purchase price and appraisal, and tracks how your mortgage balance decreases while equity grows.
Your home is the biggest part of your net worth, so it is vital to stay on top of all the important financial aspects. At the financial dashboard page, just confirm your address and Homes Auto will instantly access over 100 million property records in the United States and instantly estimate the value of your home. The chart on the left shows that this house is worth $552,000, but it also— we present you a lower and an upper range. And the chart on the right allows you to track not only the estimated value, but also what the purchase price was and if there's an appraised price, as well as what the property tax value is. And if you scroll down to the bottom of the page, the system is automatically going to populate your county, your parcel number, even your assessed value, and even what your property payments are. But even more important is knowing what is your home going to be worth in the next few years. Accessing multiple real estate datasets and using data analytics allows the system to forecast the future value of your home. This is so important as the market is always changing, because you want to stay on top of whether your home's going to appreciate or depreciate, giving you more knowledge of any financial decisions involving your home. You can see with this example, the home is starting to appreciate over the next 3 years up to about a value of $645,000, and we even show you what the growth rate is on a percentage basis. Your estimated equity is really the biggest portion of your net worth. So the chart on the left is going to actually show you the estimated value of your home, and Homes.com is also calculating the remaining balances on either your primary or any secondary mortgages, showing you your current equity. And on the right-hand side, we're showing you on a percentage basis how much equity you have in your home, which is very important if you were to ever consider financially getting any home equity loans. And if we scroll down to the bottom of the page, you can see this important chart actually combines at the top the forecasted value of your home over the next 3 years. The purple line in the middle is showing you your remaining balance on your mortgage decreasing as you continue to pay your monthly payments. And you can see what your estimated equity is, again, growing over those next 3 years. So you can see how important it is to financially track all the aspects of your home. Thanks.
