Local Records Office (LRO) is an organization that supplies individuals with reports regarding the communities in which they are interested in purchasing a home. When house hunters go looking for the perfect new property they are able to see the details of the structure and the land on which it is situated. But the truth is that the details surrounding the community in which the house is located are just as important, as they will affect the everyday lives of the individuals who move into the home. For this reason, you are encouraged to get a report for a neighborhood before you invest in a new house, as this can help you determine whether or not this is a place in which you really want to live.
In fact, all you have to do are three things: supply the address you are interested in, finalize your payment, and then use your report when it is complete! With minimal effort, you can access a great deal of important information that may help you to determine which community is best for your family.
Because the professionals at the Local Records Office have to work with various government employees to accumulate the information necessary to build your report, the actual process of putting this report together may take up to 21 business days. However, most of these documents are compiled and returned to customers within two business weeks.
Once your report is returned, take the time to look over the details. You will have access, thanks to this document, to a wide range of information regarding the home you are interested in and the area surrounding it. If the community is everything you are looking for you can confidently make an offer on the house. If not, you can keep searching, and rest assured that you have avoided making a mistake by purchasing the property.
Naturally, if you keep going with your search, you will want to run a report on the next home in which you are interested. The professionals at the Local Records Office will provide you with a coupon after your first purchase, allowing you to save 35 percent off of your next report. This means that your initial report is just $89 (even at full price, this service is well worth this minor investment) and that the next report if you choose to use the coupon, is 35 percent off. As such, the services provided by the Local Records Office are affordable and can fit into the budgets of house hunters across the country.
What Do They Contain?
The reports that are generated by the Local Records Office are compiled in such a way that they offer the most important information to homebuyers. You will, after receiving your report, have the ability to understand the nuances of the community to which you are considering moving. Each report comes with the following details:
Demographics: You want to live in a neighborhood that has residents who are similar to your own age, right? That shares your interests and might even become friends? A great way to determine who is living in a certain community is to look at the demographics. This information will shed light on the population within the community and can help you determine if you would fit in with their lifestyle.
Foreclosure Activity: Foreclosure is unavoidable for many individuals, but it is important to remember that it can have an impact on the property values of the homes within the community. The report that you get from the Local Records Office will notify you of any foreclosures that have taken place in the area and when they occurred. This may help you to better understand the comparables in the neighborhood and how much you should offer on the home you have chosen.
Property Details: In many cases, real estate agents can provide you with a great deal of information regarding the home that you have chosen, but you may find that some details are left out. The report provided by the Local Records Office offers insight regarding the transaction history of the house, property real value, comparables, assessor map, and more.
Crime: Unfortunately, crime is an issue that happens in virtually every neighborhood no matter the local demographics, median income, property value, etc. But this doesn’t mean that you can’t choose a community that has limited criminal activity. In fact, ruling out neighborhoods that have violent crimes is a great idea. This aspect of the report will provide insight regarding a wide range of criminal activity and is generated from information from the FBI Uniform Crime Report.
Education: Educational opportunities are a top priority for many homebuyers who have or anticipate having children. Using the Academic Performance Index allows the professionals at the Local Records Office to provide you with insight regarding the opportunities that a certain community will offer. This encompasses both public and private schools.
This is a company that provides valuable homeowner information by generating a property profile report. This report is a compilation of all pertinent information that will help shape your decisions in terms of the real estate market. The Local Records Office is here to help homeowners and potential buyers by providing the information above and beyond what is normally reported about a home or neighborhood through a typical real estate agency.
When the order is made, the dedicated team at the Local Records Office will work with third-party providers to properly research, investigate and write up accurate reports about the most relevant aspects of the property, neighborhood, and larger community that offers a more complete picture for the homeowner and potential home buyer.
All reports are completed and delivered in a prompt manner, but some may take up to three weeks to complete. This is because some information needs to be researched at the source, such as some county records for example which may take extra time. This is to ensure that the most accurate information is being compiled, documented, and sent.