Property and Sales Information on the Map
The Property and Sales Information tool lets you display property information such as Foreclosures, MLS Listings, Recent Sales, and Property Characteristics on the Map to provide a holistic view of the activity in a given area. This information is especially helpful when conducting searches using the Map or to show activity around a subject property.
There are five categories of property and sales information. You can view six layers of data simultaneously.
Distressed Properties Layer
This category offers the stages of foreclosure as well as short sales. When you select this option, distressed properties will be indicated on the Map with the appropriate icon:
Click here to view the Distressed Properties selector configuration.
- Pre-foreclosure: Pre-foreclosed properties still belong to the owner. The lender has just begun the foreclosure process due to a default on loan payments.
- Auction: If the owner is unable to make the necessary payments or sell the property, it goes to a public auction.
- Bank Owned (REO): A Bank owned, or Real Estate Owned (REO) property has not been sold at auction and is now in the possession of the lender.
- Short Sale: Cotality’s short sale flag is applied to properties if the most recent sale price is less than the previous mortgage.
- Bank Owned: A distressed bank owned property is one that has been repossessed by the lender but has not gone through the foreclosure process.
NOTE: These properties may have a Foreclosure report available in the View Report window.
Sales and Values Layer
This category offers Cotality sales in the last 3, 6, 9, or 12 months and Automated Valuation Model (AVM) layers:
Click here to view Sales and Values configuration settings.
NOTE: Our AVM’s provide reliable and realistic valuations of property values based on existing data, such as the current listing and recent sales, and rolls it into a valuation that you can use when listing or making an offer on a property.
MLS Status Layer
This category offers listings by MLS status and MLS sales within the last 3, 6, 9, or 12 months:
Click here to view the MLS Status layer options.
- Active: The seller is soliciting offers through the MLS and no offer has yet been accepted.
- Pending: The seller has accepted an offer and is no longer soliciting offers through the MLS.
- Expired: The seller is not soliciting offers through the MLS because the time frame of the listing contract has run out.
NOTE: In some cases this data may be more current than the county tax record data.
Property Characteristics Overlays
This category contains labels that you can show one at a time to indicate various attributes directly about the property on your map display viewport.
Click here to view Property Characteristics attribute menu parameters.
