2006 sales data really isn't relevant how do I go back 10 or 12 yrs for sales data

In Buying Property - Asked by Dan L. - Aug 1, 2010
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Answer(s)

Darlyne M.
Appraiser
Seal Beach, CA

PUBLIC RECORDS, DATA SERVICES. Realquest, NDC DATA, Fidelity, First AM - You can ask a Title Rep to pull dated sales.
Good luck!

Aug 1, 2010
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Ken J.
Broker/Agent
Dardenne Prairie, MO

Great question. We have the same issues in the market we are working in. KJ

Aug 2, 2010
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Guy T.
Broker/Agent
Springfield, VA

To find the sales data, you would want to check the county’s property tax records for the sales data. So first find comps, and then check the tax record for each of those. For Dardenne Prairie, MO, that is a city within St Charles County, and their property data base can be found here:

Aug 3, 2010
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Stephen H.
Corporate Investor
New York, NY

Dont go back any further then 6 months, expand distance to subject property keeping the assets with the 15% / 25% variances allowed by the Free Hand Out Authority. Make sure you get two pendings, three sold, along with three listed. Check local inventory levels for REO, NPP or NOD, along private sales. Compare properties sold to listed amount, and determine the difference, then factor that into your value as a projected to loss to value over the next 12 months. This should be far more accurate. Also, this credit market is far more like the 1980's markets where lenders couldnt lend, and no one qualified, so valuation models would meet that time period more then mid 90's model with the Clinton years.

Aug 4, 2010
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DAVID B.
Broker/Agent
Los Angeles, CA

Why do you need to go that far back? If you're interested in purchasing, 6-12 months is relevant.

Aug 10, 2010
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Gary T.
Owner/Investor
Albany, CA

Use all the data base you can think of; the county record is one that has to be used. I just appraised a home with a valuation date back in the early 80's...lots of hours spent.

Aug 11, 2010
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