1. 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.
2. 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.
3. 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/
