Our Property Evaluation will show you everything there is to know about your home
Many homeowners and real estate investors rely on online value estimators to find out what a property is worth. Unfortunately, those websites only look at what a house sold for last and local sales to estimate a general price.
What about active liens, past renovations, land valuations, neighborhood market data? A home’s value is in its history and homeowners should have all of this information.
Mototext Homes helps you avoid surprises with the most up-to-date information on your property.
We’ll do the heavy lifting to get you the most comprehensive analysis of your property so you can make the best decision moving forward. Even if you aren’t quite ready to buy or sell, a Mototext Homes Property Evaluation provides you with everything you should know about your home.
Have you thought about purchasing or selling a home? Did you just move in? Do you know where to find crucial information about the house?
The amount of research needed for a property depends on its size and the scope of its history. For instance, the value of commercial real estate is substantially different from that of residential real estate.
The amount of revenue or profit that a bigger investment property will provide immediately affects its value. A Property Evaluation Report can help put everything in order and make sense of things financially.
Here’s what you can find in a Property Evaluation and an example:
Considering whether to purchase, keep, or sell a property? We ensure you have accurate data and records to help you make the best decision. A Property Evaluation is an invaluable resource.
With a Mototext Homes Property Evaluation, you gain access to the most complete and accurate records of a property of your choice thanks to our property data, which is multi-sourced from county recordings, MLS records, and private databases.
A Mototext Homes Property Evaluation is a PDF-package of three sections containing information that gives you a complete look at your property. These include:
For property owners and real estate brokers, gaining access to real property data is crucial because the information could determine a property’s worth.
All the details concerning a property, including owners, titles, liens, and judgements are contained within the Property Detail Report.
Information included in the Property Detail Report:
Our documentation includes additional information such as features,
connected utilities, tax information, market details and much more! These property details keep homeowners up to date on their property’s history.
There are many variables that affect how much a home is worth. It can be difficult to accurately assess its fair market value.
You can determine the worth of your property by comparing it to similar ones that have sold nearby using our Comparative Market Analysis (CMA).
Although completing a comparative market analysis is a complicated process, we have divided it into simple steps. These components work together to provide you with an accurate value assessment.
Here’s a list of the various elements that are shared within a Comparative Market Analysis (CMA):
Property Description: A detailed explanation of the property with images and facts about the home. Today, the majority of home buyers start their search for properties online. Therefore, your best chance to attract buyers and sellers is with thorough property descriptions.
Active Foreclosure Status: Details when lenders file a notice of default on the property because the owner has not been making mortgage payments. The owner has two options: sell the property before it goes into foreclosure or correct the default status by making up the late payments.
Association Information: Typically residential properties are part of a collective homeowners association (HOA). Any unpaid fees are shown here.
Property Details: All information on property size, rooms, and amenities.
Liens: Creditor claims on a property for an unpaid debt. Shows any and all
liens on the property that require full payment. These must be paid before you can sell any property.
Prior Loan History: Information about the previous owners of the property, including their purchase price. This can provide you with a history of any price hikes for real estate throughout time.
Transfers and Conveyances: Shows every time owners of the property transferred ownership through a home sale or other circumstances.
Ownership History: Find the properties previous owners and purchase history.
Comparables: Sometimes known as “comps,” these are similar homes in the neighborhood. Estimate the property’s value by comparing it to homes sold in the same area.
The value of residential real estate is influenced by the property’s age,
condition, features, lot size, and other factors mentioned, as well as by the
state of the local and national markets.
With our Comparative Market Analysis and price determination in general,
you will have a clear picture of how your property fits into today’s real estate market.
Everything is relative when it comes to purchasing and selling property. How much should you spend on buying? What price should you set when you’re selling? What is a house really worth?
The solutions are all based on a variety of things that change depending on
the area, season, market trends, and, most significantly, real estate comps.
Finding solid comparable sales in your neighborhood can help determine the value of your house before you receive an offer. Our real estate comps are used to estimate value, which can be helpful for purchasing, selling, investing, and predicting the local housing market.
Mototext Homes gives you access to property value data with the help of top real estate analytics technologies. This makes it easy to understand the market that directly impacts your family’s biggest investment.
Looking to get a proper analysis done for a residential or commercial property? Even if you are not ready to buy or sell just yet, you’ll benefit from the total understanding a Property Evaluation brings.
We’re leveling the playing field for all homeowners by making it easier to understand their home’s value.
