Property Records of Florida in Tallahassee, FL, mails a service letter to help home sellers and new homebuyers by preparing a property history report for property owners who want to know more about their assets. Knowing how you can get the most out of your asset is a benefit that everyone should know. The property history report from the Property Records of Florida will help educate just about anyone.
Educating yourself on how the property you own holds up in the real estate market will help you get more exposure to homebuyers that are looking to buy a home like yours. Knowing what you have in your possession will make you more aware of scammers and being a victim of identity theft. Unfortunately, the real estate market is filled with scammers trying to make a quick buck. These thieves prey on naïve sellers and desperate homebuyers.
Property Records of Florida in Tallahassee, FL Assists Homeowners Against Identity theft and Fraud
Fraud and real estate scams have come a long way, here are seven of the most common scams:
- Wire transfer fraud
- Administration fees
- Flopping
- Notice of pendency
- Processing fees
- Forged deed
- Off-market sales
The real estate market can be intimidating to t t-time home sellers and homebuyers, and there will be a list of scams out there you are likely to come across. Online reports have shown that over 14,000 people were victims of some sort of real estate and or rental scams in 2020. These victims reported a loss of over $213,000,000.
What’s a Property History Report?
A property history report is a detailed report that the Property Records of Florida create for FL residents. The report covers a variety of subjects:
- Financial records
- Mortgage records
- Foreclosure details
- Student-to-teacher ratio
- Land details
- Real value
- Releases
- Criminal activity
- Copy of the deed
- Neighborhood Statistics
- Sales records
- Population data
- Educational opportunities
- Title transfer
- FL tax details
- Property value
- Current ownership
- Summary of records
- County recording range
- And more
Foreclosure details: When a borrower fails to make their mortgage payments a foreclosure process begins. The lender which is usually a bank repossesses the house and tries to sell it. This process will occur because mortgage loans are secured by real estate, meaning the property is used as collateral. Homeowners can avoid foreclosure by:
- Reinstating your loan
- Repayment plan
- Arrange a short sale
- Loan modification
- Forbearance agreement
- Refinance
- Short sale
- Deed in lieu of foreclosure
- File for chapter 13 bankruptcy
- File for chapter 7 bankruptcy
- And others
Mortgage records: The mortgage records will list details on how much the owner borrows on a home and how regularly the home has been listed on the market. This helps homebuyers decide how much to offer. The mortgage records also list how often the lender transferred the mortgage to another lending company. When a property is purchased, the sale becomes a public record. Recording the sale means filing the mortgage or deed with the local FL county.
Criminal activity: A criminal activity report will list the crimes that have occurred in the last six months in the area where the house is located. The criminal activity will list a variety of crimes like:
- Murder
- Sex offenses
- Robbery
- Aggravated assault
- Burglary
- Grand theft auto
- Arson
- Hate crimes
- Manslaughter
- Homicide
- Theft
- Traffic offenses
- Violent crimes
- And more
Educate Yourself on Your Assets
Property Records of Florida knows that making wise decisions when it comes to your property is a must but it’s not always as easy as it sounds. With the proper data, homeowners can come to appreciate the value property holds. Property Records of Florida works with homeowners across the FL state including the counties of:
- Miami-Dade County
- Broward County
- Palm Beach County
- Hillsborough County
- Orange County
- Duval County
- Pinellas County
- Lee County
- Polk County
- Brevard County
- And more
FL Renters Can Also Benefit From This Service
Florida renters are also benefiting from this service. Renters who are thinking and or planning to purchase a home in the future are able to request a property history report for the home they are interested in. The property history report will list the same data that a current or former owner receives. Renters are able to see in much more depth if the house they are looking into purchasing is worth the effort.
