Compiled Report

Our Compiled Report merges the historical data from our Property Details Report with the line-item bid from our Repair Request Report, providing a comprehensive view of the property essential in a real estate transaction.

The Property Details section of this report aggregates a wealth of information from both public and private records, offering a detailed snapshot of the property’s past and present status. It includes critical data such as property sales history, current market valuation, school zoning and tax information, ownership lineage and mortgage figures. This information is vital for investors, buyers, or anyone needing to verify property legitimacy or assess potential financial liabilities.

Complementing this, the Repair Request component of the Compiled Report transforms the often complex home inspection report into a straightforward, line-item bid format. This tool allows you to quickly identify necessary repairs, estimate costs, and negotiate effectively with sellers within the inspection period. By integrating these two reports, our Compiled Report not only simplifies the process of understanding a property’s condition but also equips you with the tools to make informed decisions, whether for personal home buying or investment purposes. It eliminates the hassle of contractor bids and streamlines the negotiation process.

What Comes with
Our Property Details Report

Property Details

The Property Details section within a property report provides an extensive overview of the property’s key attributes. This includes the address, parcel number, and legal description, which are vital for establishing the property’s precise location and legal boundaries. Further specifics like lot size, zoning classifications, and land use codes are also detailed here, offering insight into the potential uses of the property. Additionally, this section often outlines any improvements or structures on the property, giving a snapshot of its current state. It is worth noting that the accuracy of this data can fluctuate as property records are updated or modified over time.

Sales History

The Sales History offers a chronological record of all transactions related to the property, including dates of sale and corresponding sale prices. This section can also reveal the names of previous buyers and sellers, providing a glimpse into the property’s transactional past. By examining this history, one can discern trends in property valuation, aiding in understanding the property’s market behavior over time. However, potential gaps in records might exist due to incomplete documentation.

Property Value Reports

This section aims to estimate the property’s current market value by employing various valuation methods like appraisals, Automated Valuation Models (AVMs), and Comparative Market Analysis (CMAs). These reports are crucial for stakeholders to gauge the property’s worth within the current real estate market. It’s important to recognize that property valuations are subject to change due to shifting market conditions and varying data sources.

Tax History

The Tax History section meticulously outlines the annual property tax assessments and any fluctuations in the assessed value. It might also include tax rates and the total taxes levied each year, which helps property owners anticipate future tax liabilities and observe taxation trends. Changes in tax legislation or assessment methodologies can affect the accuracy of this data.

Liens

Detailed here are any financial encumbrances on the property, such as mortgages or home equity loans. This section lists lienholders, the amounts owed, and the dates the liens were recorded. This information is key to assessing any debts that could impact property transactions or ownership transfer. Not all liens might be reflected in public records, which could lead to an incomplete picture.

Ownership History

Ownership history provides a record of all individuals or entities who have held title to the property, documenting the transfer dates and owner names. This section is instrumental in establishing a clear chain of title and can highlight any issues concerning ownership. Historical inaccuracies or missing records are possible due to record-keeping variances over time.

Mortgages

Information about loans secured against the property is found in the Mortgages section. This includes details on original loan amounts, current balances, and lender information, critical for understanding the property’s financial obligations. Public records might not always contain the most current mortgage status, potentially leading to discrepancies in the data.

Permits

The Permits section records any building permits issued for the property, detailing construction or renovation projects. It includes when permits were issued, the nature of the work, and whether it was completed and inspected, ensuring compliance with local building regulations. However, permit records can sometimes be incomplete or outdated.

Foreclosures

If the property has entered or is in the process of foreclosure, this section would outline the foreclosure events, including initiation dates, stages, and outcomes. This information is essential for evaluating the financial stability and marketability of the property, although records might not always be up-to-date or complete.

School Zoning

Have children, grand children, or plan to start a family, this report gives you the school zone you live in. It gives you all three levels; elementary, junior high and high school. Whether you will ever have the need for the schools, sometimes the schools in an area can give you information about