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Comparable sales can be easily reached by surfing into public records. Why?
Just because when you buy a home, the property is deeded ( legally documented ) from the seller to the buyer. In almost all cases, this deed is filed at the local county recorder’s office as a legal proof-documentation. They unite sales facts with information previously known about the home so they can review property taxes appropriately.
Public record’s information is generally a truthful source in regards to sales price, square footage, number of rooms and bathrooms. The only existing problem with public records is that the information is not current. It may run from six to eight weeks behind. And, you need to know that getting the most current information on comparable sales is the most helpful data for you to figure out how much you would be able to pay for the home you want to buy in South Florida.
Your Real Estate Agent will give you the answer in seconds by getting the same information through his professional sources. To find for how much you could sell your home visit our Online Comparable Market Analysis section.
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