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Buying and Selling, There are tricks to use.......

Try this...www.davidpannellhomes.com Fort Worth Homes and Condos

If you ever wondered what someone paid for a home. Go to www.tad.org and then take owner info and go to public records for the county your home is in. For example, search (Google) Tarrant County Public Records. Take the name on the tax records (www.tad.org) and plug it into the Grantor or Grantee sections and search for lot/block info and owner name on (Public records). You can research owner info this way. Click on the blue link with in the data and you will find the Warranty Deed info. Now you can see what someone paid for the property.

Then you can guess on what room someone has to negotiate a deal. If the deed states they borrowed 103,000 and they have owned the home for 6 years. You can assume they have 100 dollars times 12 months times 6 years paid off the orginal amount borrowed. This would equal $7,200 paid off and equity. This does not account for loan type, money down. So, if you have a newer home in the 2000-2008 they probably borrowed 100%. 2000 and before would have to do a 3-6% down payment. See things you wouldn't know.

Then times the amount owed by .08%. This adds Realtor fee's to sell and Seller 2% closing costs. This would add $ 7,446 which equals 103,446. Assuming the deed states 103,000

So if they were asking 134,000 for the property you now know the room to negotiate. So then you look at the comps say the come in at 115,000 apples to apples comparables. You now offer the Seller 110,000 for the house and the Seller would probably sell the home to you around 115,000.

This is another reason you don't call signs in yards and work with Selling Agents. They would pull comps that would drive a higher price. They sign a contract to get the highest price possible with he seller....:((( DON'T CALL SIGNS TO SEE HOMES. CALL DAVID PANNELL 817-797-9047

I can help you find a good deal. Its alot of work plus you need SOLD and PENDING comps to make a decision on a property.

You really should use a REALTOR on your next home. Its not all about the money depending on who you use..

Call me David Pannell 817-797-9047

Posted Monday Aug 03