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Efrain Rojas, Home Buyer in Los Angeles, CA

What is the best way to get honest and accurate recent sales data? I've noticed that many of the recent sales

Asked by Efrain Rojas, Los Angeles, CA Thu Feb 14, 2008

on Trulia are not recent sales at all but rather the amount the bank decides to foreclose on.

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Various online services show you the sold homes and properties. The reason my colleagues below always say, "Work with a Realtor" is two fold. It must sound like a broken record to consumers. First, a Realtor has access to what is happening now. This includes what is for sale today, what has gotten an accepted offer (the amount of this offer is unknown to us), and the data on what has sold. The online sites that show you what is sold are usually far behind the real market data. So what do you want to know? How do you want to use it? Tell us that, and we can more specifically answer your question. All the best, Liz
2 votes Thank Flag Link Fri Feb 15, 2008
Yes, talk to a Real Estate Broker or Mortgage lender (I am Both) who is well qualified to analyze both the estimated market value AND knows the current market. Most do not have the expertise to analyze in this current volatile market. I liked Liz Stevens answer because depending on your need (Sale or Refinance) there would be different considerations. For more info., Please call me at 818-481-8555 Mike Stone
1 vote Thank Flag Link Fri Feb 15, 2008
Hi Efrain,
The best way to get recent data is to speak to a realtor or an appraisar. We offer full service Real Estate professionals including, appraisals, proprerty managment, investor financial analysis, and of course, buying and selling. We also offer free, no obligation, consultations. Send us an email and we will be happy to give you some assistance.
Good Luck,

LA Real Estate Group
1 vote Thank Flag Link Thu Feb 14, 2008

Karen is correct that the best way to get recent sale info is to speak to a Realtor. You can also contact an appraiser, but they are unlikely to provide you with sales data for free.

A Realtor or appraiser will also help you wade through all the data, because there is a lot out there that is not pertinent.

Good Luck.

1 vote Thank Flag Link Thu Feb 14, 2008
My recommendation wold be to work with a Realtor. But, in the alternative, you can visit the county recorder's office and pull data yourself on the properties for which you want information. Closed sales data is pubic in most areas of the country. This is the data that Realtors and appraisers use.

You can also subscribe to a few services, but the fees will range from several hundred to several thousand dollars. For an individual buyer, the cost is prohibitive. This leaves the alternative of working with a Realtor or collecting the data yourself from the source at the local county and municipal offices.
0 votes Thank Flag Link Fri Feb 15, 2008
Deborah Madey, Real Estate Pro in Red Bank, NJ

The best way is to contact a local Realtor who will give you a thorough market analysis of the area you're interested in buying or selling.

Karen Miller
0 votes Thank Flag Link Thu Feb 14, 2008
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