Does anyone know of a web site to check comps? - Posted by Robert

Real Estate Investing
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Posted by Andrea on April 20, 2000 at 11:35:51:

nt

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Does anyone know of a web site to check comps? - Posted by Robert

Posted by Robert on April 19, 2000 at 20:46:00:

I need an easy way to check comps. Have any ideas?

Thanks

Robert

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Here’s some more… - Posted by Paul_NY

Posted by Paul_NY on April 21, 2000 at 23:09:42:

http://www.octitle.com/tamain.htm
http://www.RentConnection.com
iown.com
http://www.homepricecheck.com/
http://rhs.iown.com/
http://realestate.yahoo.com/realestate/homevalues/address.html
www.domania.com

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I need a comp website for IN (non-disclosure state)??? - Posted by BrianG

Posted by BrianG on April 20, 2000 at 13:38:50:

Indiana is a non-disclosure state. I have tried OCtitle, Homegain, homepricecheck, iown and yahoorealestate all with no info.

I guess I will stick to my usual sources realtor or appraiser unless someone knows of others that work in Indiana.

Thanks,
BrianG

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Re: Does anyone know of a web site to check comps? - Posted by CH

Posted by CH on April 20, 2000 at 11:28:21:

HomeGain.com also provides some market value analysis. The catch: they only let you have 3 free reports. ): Also, I am not sure of the area that their database covers - may be national… HTH

CH

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Octitle.com is excellent - Posted by Russ Sims

Posted by Russ Sims on April 20, 2000 at 11:03:07:

Octitle.com provides free comps as well as other great information such as property profiles and demographic info. I have found them to generally accurate. You must register at their site but what the heck, it’s free.

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Re: Does anyone know of a web site to check comps? - Posted by Ben in Ohio

Posted by Ben in Ohio on April 20, 2000 at 06:52:13:

Try–

  1. County Auditors Office

  2. Realtors

  3. Haines Directory CD

  4. Title COmpanies

  5. Online Websites

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Re: Does anyone know of a web site to check comps? - Posted by Ben (FL)

Posted by Ben (FL) on April 19, 2000 at 20:51:06:

www.iown.com - just go through the steps “buy a house” then “check recent sales”, then enter the address and other info you want.

After doing that, I then go on the local county property appraiser web site and check all the properties on the same street as the one I’m looking at. Most county appraisers are on line, at least in Florida.

Hope this helps

Ben (FL)

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Home Gain could be a little dangerous - Posted by John Behle

Posted by John Behle on April 20, 2000 at 21:06:15:

I hadn’t heard of HomeGain, so I checked it out. It came up at less than 50% of true value on a home.

One of the critical elements of an appraisal is the size of the home. The only way HomeGain or any service that just goes by location could be anywhere close to accurate is if the home you are valuing is in a very “congruent” area.

If the comps that come up are nearly identical homes - which would be pure luck for HomeGain - then you have a great indication of value.

The problem of some other services, is that the they don’t zero in on location as closely. The two most critical elements of a good comp are size and nearby location. Many other factors are important too like style of home, condition, effective age, etc.

HomeGain and some of these other similar comp services can be very helpful in locating some “possible” comps, but caution should be used in relying too heavy on them. It’s only a potential first step.

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Re: Octitle.com is excellent - Posted by scott

Posted by scott on April 20, 2000 at 11:17:58:

I checked out their website, I assume that’s only for Orange County properties of course.

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Re: Home Gain could be a little dangerous - Posted by CH

Posted by CH on April 20, 2000 at 21:25:01:

Thanks for your input! As a programmer and an overall computer geek (: , I love it when I can use technology to help. I guess I need to remember that there are other ways to learn the value of property. Maybe it’s good for those who like to use the web to make sure and also use an alternate source of information.

CH