The silver package report contains different reports in one, it is tailored to specific customers with the most up-to-date information and is generated when ordered. This package is a top seller because of the wide ranges of property details it covers. Here are the different fields it covers:
Property Report: The property details report contains a wealth of information about a subject property and its history. The report spotlights the property’s estimated value (or listing price if it’s for sale), trends in its
Transaction History: Transaction history is also known as real estate transaction is the process whereby rights in a unit of property (or designated real estate) is transferred between two or more parties, e.g. in case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred, the amount of money being exchanged, and government regulations.
Comparables: Comparables are used in a valuation technique in which a recently sold asset is used to determine the value of a similar asset. Comparables are a list of recent asset sales that reflect the characteristics of the asset an owner is looking to sell.
Foreclosure Activity: Foreclosures can lower the value of all nearby houses. Foreclosures aren’t just bad for the homeowner who lost his home; they are also bad for the value of other homes in the neighborhood. If the foreclosure sale happens quickly, the value of your home might not be affected too much.