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How long does it take after the close of a home to show up in the Wake Country Registry of Deeds online?
We have had many recent sales in my neighborhood that will be closing this month (about 6% of the total neighborhood - new homes) and I am tracking the actual sales pricing.
How long does it take after the close of a home to show up in the Wake Country Registry of Deeds online?
We have had many recent sales in my neighborhood that will be closing this month (about 6% of the total neighborhood - new homes) and I am tracking the actual sales pricing.
Even after they're listed, they are not always correct. When we look up our deed on the Wake Registry - we see the original owners deed of 2006 and the price she paid. It mentions our deed date but the price under package price is what previous owner paid. Strange...
Register of Deeds only has a copy of the deed and the mortgage amount. Go to this site--http://services.wakegov.com/realestate/. It is the tax assesors website, put in address , click your way through and you will sales information around your home. It is rounded off to the nearest $500 but still pretty good. It will take anywhere from 1 week to 1 month for this to update.
How long does it take after the close of a home to show up in the Wake Country Registry of Deeds online?
We have had many recent sales in my neighborhood that will be closing this month (about 6% of the total neighborhood - new homes) and I am tracking the actual sales pricing.
My experience has been that almost immediately after closing (within a day or two), a new record will appear on the real estate data website associated with the property address. The sale price does not always appear immediately, *but the field for revenue stamps does*. And you can calculate the sale price by multiplying the amount for revenue stamps by 500. That is, SALE PRICE = REVENUE STAMPS * 500.
This is also the easiest method to determine how much prior owners paid for the same property.
My experience has been that almost immediately after closing (within a day or two), a new record will appear on the real estate data website associated with the property address. The sale price does not always appear immediately, *but the field for revenue stamps does*. And you can calculate the sale price by multiplying the amount for revenue stamps by 500. That is, SALE PRICE = REVENUE STAMPS * 500.
This is also the easiest method to determine how much prior owners paid for the same property.
Yes, I think after we sold our house it was either up that night or the following day. Of course the sales price doesn't reflect concessions the seller may have paid.
Yes, I think after we sold our house it was either up that night or the following day. Of course the sales price doesn't reflect concessions the seller may have paid.
Right. Closing costs help from the Seller to Buyer can represent significant concessions.
Personal property like appliances that are negotiated to convey can also skew the property value.
The tax rolls can be used two ways.
1. To see what appraisal values the neighborhood is supporting.
2. To see what people are willing to pay.
#1 can be skewed by cash purchases without appraisal, or by a buyer who is willing to pay more than appraisal. These things happen, but not all that often.
#2 can be skewed as mentioned above, closing costs assistance, personal property conveyance, etc.
Also keep in mind that the sq ft data from the Wake County site is notoriously bad. This makes it tough to do any sort of normalizing of price versus size of the house. And that's even assuming there is a size listed for the house - that data tends to dribble in slowly for newer neighborhoods.
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