I am researching the properties I am considering, but I feel like there should be a "Process" for doing this. By "this", I mean locating current owner, determining if property is in foreclosure, auction, already been sold, etc. If any of these things have happened recently it may not have been undated yet in the real property database search information. Can anyone give me a step-by-step guide to researching a property?
Also, does everyone here use the TotalView for the FMV and comparable information or some other site like Zillow and how accurate are these sites?
Last question -- it was suggested that I also determine what the REO amount would be to help with determining the purchase offer. How do I determine what the REO amount would be?
Now that I have some properties for consideration, I fell like I'm plundering around looking at information but without any organization in what 'm doing.
Thanks.
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Always striving to move forward toward better times!
I am researching the properties I am considering, but I feel like there should be a "Process" for doing this. By "this", I mean locating current owner, determining if property is in foreclosure, auction, already been sold, etc. If any of these things have happened recently it may not have been undated yet in the real property database search information. Can anyone give me a step-by-step guide to researching a property?
Also, does everyone here use the TotalView for the FMV and comparable information or some other site like Zillow and how accurate are these sites?
Last question -- it was suggested that I also determine what the REO amount would be to help with determining the purchase offer. How do I determine what the REO amount would be?
Now that I have some properties for consideration, I fell like I'm plundering around looking at information but without any organization in what 'm doing.
Thanks.
Always striving to move forward toward better times!
Verna (newage8767)