How do I look up which sales were cash sales on the MLS for building a buyers list?
Can anyone help me on how to find this info?
Ty
Also if anyone is looking for great wholesale properties to flip/rent please contact me at my email address jml.inv@gmail.com.
Texas ….
YOur broker should be training you better.
It is on the actual listing and you can pull it via several reports.
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If you have access to MLS, look for a "Full Report" or something similar on sold homes. You should have a section that shows the sales price and terms (look for cash). I’ve seen a couple that allows you to search for the terms of the sale.
On the MLS I use, the terms is at the bottom of the full report.
What state are you in?
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Comment by Anthony — July 22, 2010 @ 1:24 am
It is very possible your MLS doesn’t offer such information. But if it does the MLS administrator would be the person to ask. Contact you realtors association.
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Comment by linkus86 — July 22, 2010 @ 1:31 am
YOur broker should be training you better.
It is on the actual listing and you can pull it via several reports.
References :
Comment by Mom — July 22, 2010 @ 2:20 am
Depends on whether your MLS software has a field for ‘type of financing’ or not. If it does, you can perform a search using said field as a criterion. However, most MLS’s do not give the identity of the buyer. Once you find those ‘cash sales’, you are going to have to head for the register of deeds/land office to find the current owner information.
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Comment by acermill — July 22, 2010 @ 2:30 am