Find a home's sale price by searching public records at the county offices where the home is located or by searching websites that aggregate public-record information. When the sale price is unknown, the amount can be estimated using tax information.Continue Reading
Because they're public record, anyone can search deeds at the office of the registrar of deeds in the county where the properties are located. Many deeds state that one party transferred ownership to another for consideration equaling a certain dollar amount. "Consideration" means payment, so the consideration amount is the sale price.
If a deed doesn't specify the consideration amount, the sale price can be determined by dividing the transfer tax paid by the transfer tax rate. If a $1,000 transfer tax was imposed on a home sale, $1,000 would be divided by 0.01. The sale price in this case is $100,000.
Sold prices can be searched on a number of consumer real estate websites. Where the data comes from depends on the website, but common sources are multiple listing services and public records. The accuracy of these sites varies. Most have fine print explaining how estimates are determined and some disclose their estimates' accuracy for specific markets.
Tax assessments are usually unrelated to sale price, but they can be used to estimate a home's market value. The tax assessor in the county where the property is located can explain how assessments are computed.Learn more about Real Estate
To sell your house quickly, price it appropriately, make it attractive in appearance, and make the necessary repairs to the home's interior and exterior. In addition, be easily available to show the house to prospective buyers, and market the house well, both offline and online, using plenty of attractive pictures of the home. You should also choose a good real estate agent.Full Answer >
The potential home buyer needs to know if a home is a short sale because the purchasing process is more complex. There is extra waiting and paperwork involved in a short sale.Full Answer >
If you want to list your home for sale online, you can buy a package from a listing service and have your home listed on a variety of websites. A more expensive package can also have your home listed on the multiple listing service and real estate websites.Full Answer >
The benefits of buying a repossessed or foreclosed home include buying the home for less than market value and the wide availability of homes at various price points, notes Trulia. Some drawbacks to buying foreclosures include stiff competition from other home buyers, inability to get financed for a foreclosure, and the need to make repairs to the home.Full Answer >