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Why You Should Consider Skip Tracing

by | Oct 3, 2018

For the past few years, investors in real estate have been talking about skip tracing, if the services are worth it and trying to figure out which ones are currently the best in the market. Some of the questions are often; Do these services make logical and financial sense to use? And does the technology fully utilize the act of skip tracing? Well we can help you answer these questions below. 

 

Skip Tracing Services 

As previously discussed, skip tracing services track down people that have vacant homes or who are looking to sell their home on the housing market. This service in technology relies on finding where the homeowners are and where they are currently living.  

 

Why Would Real Estate Investors Use Skip-Trace Services? 

There are many reasons for a real estate company or an investor to use this type of service. The first, would be to maximize their leads and potential sellers in the market. The same can apply when checking out new business vendors, potential future business partners and even new hires. 

However, in real estate, users in this market look at the system as being another way to search for homeowners. A great example is, let’s say you may have found a home that appears to be abandoned but can be fixed up and flipped on the market, the only problem is that the owners are nowhere to be found and not listed in the phone book. A skip tracing service could be a useful tool for finding out where they are and getting in contact with them to make a cash offer.  

At NeedToSkip.com we can help you verify who the owner of a property currently is. Our skip tracing is not only used to track down others which may have a title interest in a property, but can also be utilized to sign the closing documents in order to secure title insurance and mortgage financing to locate the owner. Skip tracing services like ours can also be used to track down debtors that have skipped out on their leases.

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