Tag Archives: #KnowBeforeYouBuy

Housefax Uses “Big Data” to Save You Time, Money and Headaches

We live in the era of “Big Data.” Big Data is big because “the volume, velocity or variety of data is too great” to keep track of using conventional data collection methods.

Did we lose you there?

Basically, there’s a lot of data coming from a lot of sources. In real estate terms, big data provides homebuyers, sellers and agents with greater access to vital information. All three groups are able to move through the homebuying and selling process with more confidence. But where do you go for all this information? And better yet, which questions should you ask throughout the homebuying process so you know what data to collect?

The good news is Housefax has relationships with over a dozen trusted public and private sources to bring you reliable data. Whether you are a real estate agent, homebuyer or seller, Housefax answers 11 common questions immediately, cutting the amount of time you waste researching in half.

You have questions. Housefax knows the answers.

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Scary Houses: It’s Not What You Think

haunted-houseIt’s Halloween time and that means the haunted house industry is in full swing. People will stand in line for hours to get a good scare. It’s a fun thrill when you know it’s fake, but nobody really wants to live in a scary house. Even if you don’t believe in monsters and ghosts, there are plenty of things that can be frightening as a homeowner.

Age and Maintenance History

Older houses have a lot of charm and features you won’t find in a new build. But they can also require a lot of upkeep due to normal deterioration. In addition, there are some things you should be aware of if a house was built during a certain period. Homes built:

  • Before 1978 may contain lead-based paint
  • Before 1980 may contain asbestos
  • Between 1978 and 1995 and may contain unsafe polybutylene-based piping

Get the ‘Fax: Just for fun, we ran a Housefax Report on the home featured in “The Exorcist” movie. See for yourself how scary it is…

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4 Sites That Will Tell You More than You Want to Know About Your Home

The anxiety of buying a new home can form in any number of ways, and you might find yourself questioning the property you’ve chosen — is the backyard really that small? Is the soil contaminated from the nasty-looking stream nearby? Is your house haunted?

Maybe you’re not asking the last one, and maybe you’re trying to convince yourself you’re not asking the last one — but it’s not unreasonable to wonder. Rest assured you can investigate your concerns before you purchase a home, and you can do most of it online.

Four websites provide a wide of range of property details, and then some — from historic aerial images to documents that show the home was used as a meth lab. These tools can help you see what might be a game changer before you sign the deed.

Read more at Yahoo.com.

Housefax® Offers the Most Comprehensive Fire Incident Data

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Only Housefax Reports Fire Incidents Occurring Before 1999

HAYMARKET, VA., Dec. 10, 2015 /PRNewswire/ — Housefax, a leader in residential property information products and services, today announced that its Property History Report has the most comprehensive fire incident data in the marketplace.  Unlike similar products whose data typically only dates back to 1999, Housefax has exclusive access to more than 30 years of reported fire incidents.  That’s nearly twice as much as the average home history report. Continue reading

11 Meth Lab Stats Even “Breaking Bad” Fans Don’t Know

Jesse Pinkman (Aaron Paul) and Walter White (Bryan Cranston) - Breaking Bad - Gallery - Photo Credit: Frank Ockenfels/AMC

Jesse Pinkman (Aaron Paul) and Walter White (Bryan Cranston) – Breaking Bad – Gallery – Photo Credit: Frank Ockenfels/AMC

The popularity of the TV series “Breaking Bad” revived Americans’ concern over the proximity of methamphetamine laboratories (meth labs) that may exist in their neighborhood, or even a lab once set up in the house they are considering purchasing.

Episode after episode we witnessed relationship struggles, health issues, and homes and neighborhoods on the brink of collapse. And while there have been stricter regulations and more arrests, meth lab statistics are still alarming: Continue reading

What’s One Thing That Can Prove a Home’s Value and Avoid Litigation?

Permits exist for a reason — they provide homeowners with additional protection

Takeaways:

  • According to the BuildFax Index, approximately 7 million building permits for non-replacement residential work were issued in the U.S. in 2014 — only a small percentage of the work performed nationwide by contractors.
  • Without a building permit, home sellers and their listing agents are responsible for violations and fines that can cost plenty.
  • According to the American Bar Association, banks might refuse to make a home loan if no permits are available, and it is obvious that the house has been renovated.

According to the BuildFax Index, approximately 7 million building permits for nonreplacement residential work were issued in the U.S. in 2014.

But these building permits represent only a small percentage of the work performed nationwide by contractors for additions, remodels and alterations. Continue reading