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Parcel Lookup: The Essential Tool for Real Estate Investors In the world of real estate investment, thorough research and due diligence are crucial before investing in any property. Investors need to gather as much information as possible about the property they are interested in, including its location, size, value, history, and legal status. However, finding all this information can be a daunting task, especially if you don’t know where to start. That’s where the Parcel Lookup feature of the Shadow App comes in. The Shadow App is a powerful real estate investment platform that provides investors access to a wide range of property data and analytics. One of its key features is the Parcel Lookup, which enables users to get a comprehensive view of a particular property, including its mailing address, property area (in acres), county, lot number, approximate structure, official deed, previously paid taxes, internal and external property assessment, and actual property value. This article will explore how the Parcel Lookup feature works and why it’s essential for real estate investors. What is Parcel Lookup? Parcel Lookup is a CRM feature that enables users to retrieve detailed information about a particular property by entering its address or parcel number. The feature scans various public and private databases to compile a comprehensive report on the property, including its physical characteristics, ownership history, tax status, and legal documents. It also includes the current and estimated value of the property based on its location, size, and other factors.
How does Parcel Lookup work? Parcel Lookup works by accessing various public and private databases that store information about properties. These databases include county tax assessors’ offices, municipal land registries, real estate listing services, and other public records sources. When a user enters a property address or parcel number into the Parcel Lookup tool, the tool scans these databases to compile a comprehensive report on the property. This would include information on the property’s physical characteristics, such as its lot size, square footage, number of bedrooms and bathrooms, and year built. It also includes details on the property’s ownership history, such as the name and contact information of the current owner, the date of the last sale, and the sale price. The report also includes information on the property’s tax status, such as the amount of taxes paid in previous years and any outstanding tax liens or assessments. Why is Parcel Lookup important for real estate investors? Parcel Lookup is an essential feature for real estate investors because it gives them the information they need to make informed investment decisions. Using Parcel Lookup, investors can quickly and easily obtain a comprehensive view of a property, including its physical characteristics, ownership history, and tax status. This information is critical for investors because it can help them assess a particular property’s potential profitability and risk. For example, investors can use Parcel Lookup to compare the value of a property to similar properties in the same area. They can also use it to determine whether a property has any outstanding tax liens or assessments that could affect its value or ownership status. Additionally, Parcel Lookup can help investors identify potential red flags, such as a property with a history of frequent sales or a high number of liens or code violations. How to use Parcel Lookup: Step-by-step guide To use Parcel Lookup, follow these simple steps: Step 1: Visit the Shadow App website and create an account. Step 2: Click on the Parcel Lookup feature on the dashboard. Step 3: Enter the property address or parcel number you wish to search.
Step 4: Search for properties in the desired area to find the available properties on the map. Step 5: Click on the properties to view their structural details Benefits of Parcel Lookup for real estate investors Access to comprehensive property data: Parcel Lookup provides investors access to a wide range of property data, including physical characteristics, ownership history, tax status, and legal documents. This data can help investors make informed decisions about potential investments. Identification of potential risks and red flags: Parcel Lookup can help investors identify potential risks and red flags, such as outstanding tax liens or assessments, frequent sales, or code violations. This information can help investors avoid properties that may have hidden issues. Informed investment decisions: By providing investors with comprehensive property data and analytics, Parcel Lookup helps them make informed investment decisions. Investors can use this information to determine a particular property’s potential profitability and risk and make decisions based on that information. Conclusion In conclusion, Parcel Lookup is essential for real estate investors looking to make informed investment decisions. Parcel Lookup enables investors to identify potential risks and red flags, compare property values, and make informed investment decisions by providing access to comprehensive property data and analytics. Whether you’re a seasoned real estate investor or just starting, Parcel Lookup is a feature you don’t want to miss. Sign up for the Shadow App today and use Parcel Lookup to take your real estate investment game to the next level. https://shadow.properties/