I had realtors in, asked for a Fair Market value adjusted for a quick sale. Had documentation for it and lots of comparatives from the local area - this is the route I would try.
In my case WH still objected to the price...and Zillows number was way off!! I felt fairly confident with the realtor's estimate though...
He valued the home nearly double what the realtor did. His atty. said they would bring in an appraiser and pay for it. (The atty.'s guy, but if I didn't agree with it, I could then hire my own.)
I suspect that by that time his atty. had figured out he was full of shit - he didn't even ask for me to pay for 1/2). He got stuck with the cost of two other appraisals, because he didn't like my numbers - and in the end he'd have been better off with my numbers, moron!
eta: WH was over 150,000 above what the realtor and then the apprasier both came in at.
[This message edited by Take2 at 8:02 PM, May 18th (Saturday)]