I love the internet and all the information that I derive from it. Where else can you sit down on a computer and get most of your data you need for a particle neighborhood or home.
We can look up demographics, crime stats and what our neighbors home sold for. We can even get a satellite view of the home or area we like.
With this information, we can make informed decisions, speed the process of searching for that perfect property and decide what we see and what we don't see.
What happens when we place all of our decisions on this data? What if the information is wrong, incomplete or obsolete?
Case in point. A client of mine seemed to find the perfect home, until the aerial view revealed an empty lot directly behind the property. The vacant area was large, over grown with vegetation and random dumping was evident.
You guessed it -- cancel the showing and let's keep looking.
Several weeks later we discovered that the empty lot was built into a beautiful park. Unfortunately, the home was now under contract.
What happened with the vacant lot? It seems the aerial photo was five years old and depicted the area before the park was built.
As for my client, we found them a home and learned a good lesson. A picture is worth one word; verify.
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