I was just curious about ARV… and not about what it means but rather:
I see so many new people on here asking what LTV is but some how some where they come up with an ARV for a property that they are looking at… My question is this: Where do others get their ARV’s I know where I get mine, but that’s besides the point… :smiley: Just wondering if others care to offer that information?

It would be through researching comparable values of homes in that area.

I take at least 5 selling prices within the last year of comparable properties within 1/4 mile of my subject property (sometimes I go to 1/2 mile to get 5). I drop out the highest and lowest and average the remaining 3.

Okay, so am I the only one pulling appraisals from the most recent sale and the tax assessments of my subject property?