A property records search can be an extremely important tool for many legal professionals. Although you might not think about property records very frequently, these records actually give you lots of information that can help you understand more about both a piece of land and the person who owns the land or claims to own it. Here are a few use cases of property records to consider for your agency.
Expose someone’s hidden assets with public records
There are many different situations in which someone may want to hide their assets. In family law, especially in a situation like a divorce where you may need to split assets 50/50, it’s not uncommon for the more well-off spouse to try and hide some of their assets so they don’t have to split them with the other spouse. In this situation, you need to be able to expose that person’s assets and bring them to the table so you can deal with them legally.
- Someone hiding their assets may be trying to pay less than they owe or refuse to offer important assets to a spouse or partner.
- If you just take their word for it, you may end up with an unfair and unbalanced agreement.
- If you use a people search engine to search for the other party’s assets, you’ll be able to uncover all assets, not just ones each person makes easily available.
Use public property records to help someone buy a home
Do you regularly assist individuals with purchasing a home? Even if your primary area of practice isn’t real estate law, it’s actually fairly common for a lawyer or other legal professional to help someone with buying a home because it’s a very complicated legal procedure. When you’re helping someone make this type of huge purchase, you want to have as much information as you can about the home they’re buying. Skip tracing with a public records search engine can help you get that information.
- Buying a home is a huge undertaking, and you want as much information as you can get about the transaction.
- If you’re able to verify information with a third party, you’re more likely to get a good deal and not fall victim to a scam.
- With the right public property records search software, you may find it easier to purchase a home for a client.
Verify information before selling a home with the best property records search software
What about on the other end of things? It can be just as dangerous to sell a home without the right information as to buy a home without the right information. Especially if you’ve agreed to represent someone or sell their home for them, you need to make sure the information you have about that person’s home is true. Instead of just trusting their word, you can use a public search engine to perform searches like an address search and verify the information you’re receiving.
- Selling a home requires as much investment and thought as buying a home, and it may even require more.
- When you sell a home for someone else, you need to make sure that person has the right to sell it and is giving you truthful information.
- A public records search engine can help you verify the information you’re receiving from the purported seller.
Use property tax records to uncover hidden assets
Property can sometimes be an extremely valuable asset, especially for estate planning and probate law. If you’re working for a collections agency that needs to seize someone’s assets or you’re handling a divorce case where the partners are supposed to split assets equally, a person might try to hide this property in an attempt to unlawfully keep certain assets to themselves. If you have access to a public records search engine, you can discover these hidden assets with an asset search and incorporate them into your calculations.
- Although you want to be able to rely on the information people give you, they can try to hide crucial information at times.
- When you’re handling asset recovery or transfer, it’s extremely important to know all the assets someone has.
- You can use a public records search engine to verify information rather than relying on an individual to tell you about all their assets.
Find out someone’s background information with property records
Whether you’re doing due diligence to manage corporate risk or you’re working with law enforcement to help catch a criminal, uncovering background information can be an extremely important part of your job. Traditionally, this mostly has to do with someone’s criminal record, but property records can actually help you understand more about someone’s background. With property records, you can get an idea of where the person has moved, whether they’ve rented or owned homes in the past, and much more.
- Background information isn’t limited to just information about whether the person has committed crimes before.
- Property records can give you access to information about someone’s past, including their property habits.
- That’s why you need a comprehensive public records search engine that can help you find that information.
How can Tracers help you discover more using property records?
You can find public property records in many places. When you’re trying to figure out where you should get your property records, you shouldn’t just think about whether you can access the records you’re looking for. You should also consider the structure that will deliver you the property records after it all. Tracers will help you do that more effectively.
From individual searches on people you’re investigating to batch processing that can help you run through hundreds of people at once, Tracers gives you options to use property records more effectively. That’s why so many legal professionals trust Tracers to deliver the data they need when they need it.
What is a property records search?
A property records search can be an extremely important tool for many legal professionals. Although you might not think about property records very frequently, these records actually give you lots of information that can help you understand more about both a piece of land and the person who owns the land or claims to own it.
What do I need to run a property records search?
A property records search can be performed by anyone who has access to a public records search engine. Legal professionals, collections agencies, and law enforcement are all examples of people who can do a property records search.
What does a property records search reveal?
If you’re a legal professional assisting someone in buying or selling a home, a property records search can reveal and verify information about the home. A property records search can also help you discover property assets, as well as understand more about someone’s background – such as their property habits.
What do I need to run my own property records search?
To start running your own property records searches, you will need access to a public and private records database like Tracers. From individual searches on people you’re investigating to batch processing that can help you run through hundreds of people at once, Tracers gives you options to use property records more effectively.