Hello All,
My partner owns an appraisal company and we would like to utilize his staff to locate properties for us, as they are constantly driving around. I am writing some guidelines as to what type of properties we are looking for - vacant, poorly maintained, FSBO, and in what neighborhoods.
My question is - what other information, other than the address and condition, should I expect from them? We are going to pay $750 for any home we close. I think they should supply the owner’s name and lien info as well, but I was hoping I could get some feedback from investors/bird dogs that are active as to whether I am in the ballpark as far as expectations.
I appreciate all comments.
Thanks,
Tom