Wouldn't it be nice if buying a house was like buying a car, and you could "look under the hood"? Maybe it can be. According to the (Charleston, S.C.) Post and Courier, Washington D.C.-based Real Estate tech company Hometrackr has a nationwide database and offers reports on homes, similar to the reports that Carfax provides in the automobile industry.
The reports include the home's history of permits, inspections, mortgages, property damage and other information. The data is gathered from public sources and it does not violate privacy laws or include advertised listings.
Hometrackr's mission is to provide home buyers, sellers and Real Estate agents with critical information about the physical health of the home and to avoid the potential of hidden high-cost problems.
The company is planning, this spring, to also begin providing its customers with HomeSafe accounts. These accounts will allow home owners a safe digital cloud space in which they can store important documents relating to the home, such as warranty information, home improvement documents, digital records of surveys and other vitals when it comes time to sell the home.
The company plans to relocate from Washington D.C. to Charleston, S.C., in the fall, where both the tech market and the Real Estate market have been heating up.