Estate Platinum
August 1st, 2011
How to do a Plano Real Estate Search
Doing a Plano real estate search means doing some homework, but you can find out much about a property this way. A property search can turn up valuable data that you can use when writing an offer to buy. Example, I will not write a purchase contract without looking into the history of the property by conducting a variety of searches. I do not rely on the Plano MLS information alone, and you shouldn’t either, because it could affect how much you will pay for the home.
Matters of Public Record
What kinds of information can you find from a property search? Example, if you knew the sellers were getting a divorce, you may decide not offer full price. Generally, in a divorce situation is a red flag that the sellers might take less because they want to get the property sold so they can get apart from each other. You can find out how long the seller has owned the home, how much they still owe on their mortgage, whether improvements or additions have been made without a permit among other important facts.
Every city has a place where its’ citizens can go to search for information on any given property. Property records, sometimes referred to as Land Records, are maintained at either the county courthouse, city hall or another city or county department. You can also check the federal court records to find out if a seller has filed for bankruptcy or go through county court records to see if a seller is involved in a law suit.
These days there are easier ways to find this information. Once you find the owner of record, if you don’t have an address or the person has moved, you can order reports online that can find a missing person. These companies charge a nominal fee.
Property Search on the Internet
Many counties and cities maintain records online. Search for property tax records to find:
- Name of the owner
- Tax ID number or parcel number
- Amount of present taxes and whether the taxes are paid.
There are dozens of web sites that offer consumer information for free. Many Web sites let you search for property by area or sip code. Here are a few:
Title Company Property Search
Call a local title company. Many title companies will give you a free property profile in hope that you will use them when you close on your home. Some title companies will do a search for the seller’s name to find out if there are liens or judgments filed against the seller.
Property Search Data Realtors Can Find
If you are working with a Realtor, you can ask them to find out more information about a property. Almost all Plano Realtors subscribe to services that provide property search information in variable formats.
- Plano MLS data. It’s not enough to just get a copy of a listing for the home you are interested in. Get your Realtor to search the history of the property in the MLS. You can find out if the property has been withdrawn from the market and relisted or if it has recently sold and may be a home being flipped. Your Plano Realtor can find out how long the property has been on the market. The amount of days on the market has an effect on pricing. Generally, if the home has been on the market for a long time you can get the home for less.
- Online Title Company Database. I have an access code for my favorite title company’s Web site. I can download deeds and search the sales and mortgage history of a property going back 20 years.
- Tax Assessor’s Data. Many Realtors have access to a tax record data base search that sjows the complete records on file at the tax assessor’s office for any given property. This information can include the age of the home, square feet, type of roof, number of rooms, among other data. If the tax assessor records show different square footage than noted in the listing, either the tax assessor is wrong, the seller is wrong or the property has improvements for which a permit was not obtained. Buyers should then check with their city planning department to find out if a permit was obtained for the addition.
Buying Plano real estate can be challenging but if you do your due diligence and check all the information available, you should do just fine. Next time around you will learn about Dallas foreclosures. See you then.
About the Author
Harry Ridge, the Broker of VIP Realty Platinum, has more than 24 years in the industry and has the knowledge and experience to lead his Real Estate Team in any market environment. Serving the Dallas Real Estate Market & DFW Real Estate Market.
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12c Platinum Financial Calculator $77.94 The HP 12c Platinum is a powerful tool capable of handling the most complex and detailed financial calculations. Users of the HP 12c Platinum will enjoy the flexibility this calculator offers with both RPN and algebraic modes of entry, the increased memory capacity and the more-than 130 built-in functions. Easily calculate loan payments, interest rates and conversions, standard deviation, percent, TVM, NPV, IRR, cash flows, bonds and more. Ideal for real estate, finance, accounting, economics and business work. Permitted for use on the CFP and CFA Certification Exams, and GARP FRM Exam. Main FeaturesManufacturer: Hewlett-PackardManufacturer Part Number: F2231AA#ABAManufacturer Website Address: www.hp.comProduct Type: Financial CalculatorNumber of Functions: 130Functions: Time and Date Management: Date arithmetic Editing Features: Undo Backspace keys Business/Finance Features: TVM (loans, savings and leasing) Amortization Bond price and yield to maturity Cash flow analysis NPV IRR Memory for up to 80 cash flows SL, DB, SOYD depreciation methods % change % of total Statistical Functions: Cumulative statistical analysis Standard deviation, mean, weighted mean Linear regression Forecasting, correlation coefficient Total, Sx, Sx2, Sy, Sy2, Sxy2 +, -, x, , %, 1/x, , LN, ex, n!Display Screen: 1 Line(s) x 10 Character(s) – LCDPower Source: BatteryBatteries: 1 x Button Cell Standard Warranty: 1 Year(s) Limited |
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Unreal Estate $14.99 Michael Gross is the preeminent chronicler of America’s rich and powerful, most recently in  740 Park  and  Rogues’ Gallery. Now, he goes west to uncover the very secret history of Los Angeles, specifically those wealthiest and most private of enclaves— Beverly Hills, Bel Air, Holmby Hills, and Beverly Park—through their most mind-boggling estates, and the fascinating, fabulous folks who created and populate them.              Gross begins his epic tale with the sordid mob-driven history of the newest mega-mansion district in L.A., Beverly Park, (home to among others Magic Johnson, Barry Bonds, Rod Stewart, Mark Wahlberg, Reba McIntyre, Faith Hill and Tim McGraw, Samuel L. Jackson, Sly Stallone, Richard Zanuck, and relatives of an Indonesian dictator and Saudi Arabia’s king). He then flashes back to the creation of this fabled district, built on dusty lima bean fields and carved out of the rugged impassible mountains between the city and the sea. Using the century-long evolution from adobe huts to $100 million mansions as the baseline of the story, he reveals how a few powerful and often ruthless oil and railroad magnates imposed their idyllic vision of the good life on the Los Angeles landscape to create the legendary communities known as the Platinum Triangle.             Gross goes on to give vivid, riveting accounts of the most lavish of the many lavish houses that started springing up almost immediately (with only a brief slowdown during the Depression). But the stories of these homes are just a window onto the lives of their owners and occupants over the course of the twentieth century, and onto the bigger story of a people and a storied region that have become, in Gross’s words, “the Mecca of self-invention.”             As one might imagine, there is a truly glittering cast of characters. Apart from the many Hollywood stars who have passed through these houses—Douglas Fairbanks Jr., Harold Lloyd, Marilyn Monroe, Jayne Mansfield, George Hamilton, Tony Curtis, Cher, to name just a few—you will meet decadent Spanish land-grant families, desperado oilmen and railroad titans, the country’s first all-powerful corporate legends, con men and pyramid schemers, porn magnates, and Arab potentates, not to mention contemporary tabloid luminaries from the worlds of business and entertainment. Taken altogether, their stories read like a cross between  Valley of the Dolls, Hollywood Babylon,  and Gross’s own  740   Park— with a little of the film  Chinatown  thrown in too.              Los Angeles provides Michael Gross with his broadest canvas yet;  Unreal Estate  will surprise, fascinate, a |
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HP 12c Platinum Financial Calculator $79.99 1 Line x 10 Character – LCD 1 Year Limited 1 x Button Cell 12c Platinum 12c Platinum Financial Calculator 130 2 Year – When used 1 hour per day 12c Platinum Financial Calculator Battery User Manual Anniversary Edition Leather Pouch Solutions Handbook CPU: 6502 Mode Selection: Reverse Polish Notation Algebraic Programming Finance Statistic Time and Date Management: Date arithmetic Editing Features: Undo Backspace keys Business/Finance Features: TVM (loans, savings and leasing) Amortization Bond price and yield to maturity Cash flow analysis NPV IRR Memory for up to 80 cash flows SL, DB, SOYD depreciation methods % change % of total Statistical Functions: Cumulative statistical analysis Standard deviation, mean, weighted mean Linear regression Forecasting, correlation coefficient Total, Sx, Sx2, Sy, Sy2, Sxy2 +, -, x, , %, 1/x, , LN, ex, n! The HP 12c Platinum is a powerful tool capable of handling the most complex and detailed financial calculations. Users of the HP 12c Platinum will enjoy the flexibility this calculator offers with both RPN and algebraic modes of entry, the increased memory capacity and the more-than 130 built-in functions. Easily calculate loan payments, interest rates and conversions, standard deviation, percent, TVM, NPV, IRR, cash flows, bonds and more. Ideal for real estate, finance, accounting, economics and business work. Permitted for use on the CFP and CFA Certification Exams, and GARP FRM Exam. Auto Power OFF Battery Business/Financial Calculator F2231AA#ABA HP Hewlett-Packard Power OFF Memory Protection www.hp.com |
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