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Appraiser Must Provide Specific Source. Avoid "Public Records....

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Nobody checks deeds? Where I am, county deeds are online. I am sure it is the same for most of the country. For the sales grid, I specify all sources I use. For sales history, I specify the county of the registry I use to verify. “Public records” screams, “I checked nothing!”
 
What does Public Records really mean?
Anything I can get on the internet like from Zillow?
Appraisers should know better and be more specific.
 
Nobody checks deeds? Where I am, county deeds are online. I am sure it is the same for most of the country. For the sales grid, I specify all sources I use. For sales history, I specify the county of the registry I use to verify. “Public records” screams, “I checked nothing!”
Not only do I check deeds, I run a brief chain of title to cover five years. It literally takes less than 5 minutes.
 
Nobody checks deeds? Where I am, county deeds are online. I am sure it is the same for most of the country. For the sales grid, I specify all sources I use. For sales history, I specify the county of the registry I use to verify. “Public records” screams, “I checked nothing!”
In Texas, the deeds typically say, "$10 plus other valuable consideration." So... it may work for most of the country, but not for our little state.
 
“Public records” screams, “I checked nothing!”
Actually, here it means it comes from the courthouse. It is a legal recording. The MLS is not "public". it is available only to members. Personal communication only denotes speaking with a principal in the transaction - a broker, agent, buyer or seller. So, we 'confirm' from the same sources that we use as primary source only we call it something else. "Confirmation" is an idiot concept. There is only one "source" for the most part with only a few issues like the assessor and the agent reporting different ages or sizes in a house.

So, we pretend we have two independent sources. Sorry, that's BS.
What does Public Records really mean?
Public records as I use it means the deed, mortgage, and the tax assessor's field card for the property. That does not apply in non-disclosure states. The deeds don't tell you the sale price only the date. The mortgage might tell you if it is FHA or FNMA or not. And the field cards are nigh worthless.
 
In Texas, the deeds typically say, "$10 plus other valuable consideration." So... it may work for most of the country, but not for our little state.
$10 to just view it or if you want a copy? There are some counties I use that charge you only to print it not to view it.
 
$10 to just view it or if you want a copy? There are some counties I use that charge you only to print it not to view it.
That is the transfer verbiage on the deed. Not the cost to get a copy. Ours just have "for valuable consideration"
 
Doc numbers are to verify comps actually closed.
I can almost 99.99% of all my comps I used from MLS (must be at least 10,000 closed sales) have been closed and no fake sale.
Thus not really necessary to get Doc number.
Obviously you've never met a shortcut that you didn't embrace and you probably use generic peanut butter
 
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