Property Profile Report
There are several steps to research a particular home before committing into buying it. Reviewing the data will give you the upper hand in knowing the history and if there are certain liens in the property.
In the long run it protects you as a buyer and empowers you to make a smart decision before buying a home.
What is a Property Profile Report?
- Property Profile Report is a snapshot of the history of a particular home or property. The complete report gives you the insights into developments made to the site.
It also determines:
- The owner of the property.
- The loans and liens that may exist on the property.
- You can see if there is an open permit for the. meaning, a project wasn’t finish.
Advantages of having the Property Profile report:
- This is specially helpful when you are buying a home.
- You will know if any permits are open and projects that didn’t finish.
- You can make sure that there is no pending liens with the house.
- Solar panel contracts are sometimes difficult. Solar companies, most of the time, becomes the first lien on on the deed and the buyer must agree to assume the balance on the panel or buy it outright.
Property Profile Reports is the fastest way to learn the in-depth history of a particular home in question. It’ll include:
- Property Owners
- Open deeds of trust/ mortgages
- Comparable market analysis
- Plat Map
- Tax status
- HOA liens
- City Liens
- School district information and ratings
- Basic Demographic information
- Any Solar Agreements
- Crime statistics (when available, varies by state)
- Other document recorded on the property