In the latest Foreclosure Buying 101 Webinar on Sept. 7 there were some very good questions from attendees that I think are important enough to cover here in a series of posts over the next few days.
Before we launch into the first question, below is a copy of the PowerPoint presentation given during the webinar and you can view a recording of the webinar, which includes a live demo of the RealtyTrac website in addition to the PowerPoint below.
Question 1: Can I Download RealtyTrac Foreclosure Records into an Excel spreadsheet?
I’m willing to bet this question was asked by a real estate investor because typically real estate investors are interested in downloading foreclosure properties en masse into spreadsheets so they can sort, filter and analyze them there.
There are in fact two ways to download property records on RealtyTrac into Excel or other spreadsheet formats.
1. Download via RealtyTrac search results: after you’ve run a search on the RealtyTrac website, you can select individual properties to download using the check box on the far left column of the search results. Or you can scroll to the bottom of the search results and click the “Select All” box to download all the records on the page (at the bottom of the search results you can also choose to display up to 50 records per page).
Once you’ve selected the records you want to download, click the “GENERATE REPORT” button at the bottom of the search results and follow the instructions to download. In most cases you’ll want to select the option to download the full detailed information about each property rather than just the top line information.
2. Download via RealtyTrac MEGA: the hidden gem of the RealtyTrac product set, MEGA allows you to download records in massive quantities, hence the name of the product. MEGA can be accessed by anyone at http://mega.realtytrac.com/.
It’s free to register, and active RealtyTrac members automatically have an account set up that they can access by clicking on the MEGA product banner that rotates through at the top of the My RealtyTrac page. Once registered and logged in, simply click the “Create List” button to get started. You can create and filter your list based on a variety of criteria, including the following:
- Date range
- Geography (zip, city, county, state)
- Foreclosure type (pre-foreclosure, scheduled auction, bank-owned)
- Property type (residential, commercial etc.)
- Loan characteristics (amount, number, equity and name of lender)
- Property characteristics (beds, baths, square footage, year built)
Some of the questions from this webinar session that I’ll cover in future posts will be:
- Can you submit an offer on a bank-owned property before it is listed for sale?
- What are the top reasons for delays in short sales?
- Is it true that lenders are no longer preferring short sales because properties are selling at market rate anyway?
- How quickly are new foreclosures added and are those that are purchased purged from the listing?
- How do you verify the outstanding loan amount?
- What is the significance of the Transfer Date and Value?
- Does RealtyTrac list Home Path properties?
- What does the equity and LTV mean on RealtyTrac?
- Any recommendations for contacting a homeowner in foreclosure?
Sign up for a RealtyTrac free trial for full access to address-level details for pre-foreclosure, scheduled auction and bank-owned homes nationwide.
What Do I Get With a RealtyTrac Subscription?
Slideshow: Finding & Buying the Best Bank-Owned Bargains
How Do I Determine a Foreclosure Home’s Fair Market Value?