As you’ve probably learned by now, successful investment requires the ability to accurately determine the value of the real estate. I’ve found that some of these tools and resources can help you find the comparable sales data to use when evaluating real estate foreclosures.
Recent Foreclosure Listings – Find foreclosure listings in your local area!
Yahoo! HOME VALUES - A common question is “how much is the property worth?”. You can find recent comparable sales at this site.
DOMANIA - Another source for comparable sales
ZILLOW - Some people love their comps, others think they are wildly innacurate
SMART HOME BUY - Provides property reports which include recent comparable sales.
$14.95 for 10 reports, $9.95 for 5 reports, $4.95 for an individual report
MORTGAGE CALCULATOR - A calculator to figure out the payments at different interest rates and terms.
NETRONLINE - A portal to official state web sites, county assessors and recorders. Online record sources listed where they are available.
LANE GUIDE - A complete guide to U.S. lenders. REO depts. and phone numbers are included where available.
Yahoo! MAPS - If you aren’t sure where the property is, this will help.
LEGALWIZ LEGAL FORMS - Variety of legal forms provided by the LegalWiz, William Bronchick
