MDA DataQuick, a division of MDA Lending Solutions, has updated its PropertyFinder 2G, the company’s flagship property and ownership research tool. MDA DataQuick PropertyFinder 2G gives real estate professionals and title companies access to a nationwide database of detailed property and ownership information, which includes property profiles, sales comparables, demographic information and property history. To support the increase in distressed properties on the market, PropertyFinder 2G now offers expanded property history details on distressed sales transactions. Users can more accurately track activities, such as notice of default, notice of trustee sale, or short sale as well as the transaction that led to the activity.
“In today’s economy and housing market, the number of properties in some stage of default is at historical highs,” said John Walsh, president of MDA DataQuick. “Whether the property is REO or in default, real estate professionals and title companies need a clear understanding of the property history. With PropertyFinder2G, users identify distressed properties and make quicker, more accurate decisions, while providing their clients with a professional, easy-to-read report.”
PropertyFinder 2G’s expanded history also adds loan assignment transactions and flags suspicious property transactions, such as unusually large changes in price or properties with multiple sales in less than 30 days. Instead of personally visiting county offices, users can search online for single or multiple properties with a diverse range of functions, such as text, document, or Google map search. Typeahead technology within PropertyFinder 2G makes search criteria entry quicker.
Real estate professionals manage their real-time search results in customizable, professional reports and sales comparables that can include a cover page, photos, Web links and notations. Report editing makes adding and modifying sales comparables, schools, or businesses easier, and report archive eliminates the need to reproduce a report. Reports can be e-mailed, opened as an Adobe PDF document, or downloaded to Excel.
For more information, visit www.mdasolutions.com, www.dataquick.com or www.mindbox.com.
