With over 16 years’ experience as a mortgage broker, franchise owner and creator of Mortgage Broker School, Sarah Strauss arms herself with the resources she needs to effectively and seamlessly conduct her business to the highest degree. As she works with clients, her team and her mentees, she is driven in her goals and knows the power that PurView provides in her daily business.
To support her in strengthening her client relationships, mitigating fraud and offering exceptional service, Sarah and her team leverage PurView to obtain property information and value on a daily basis. The power of the PurView Property Report in Alberta offers Sarah and her team the ability to find estimated value, title information, identify red flags, and more.
“At my brokerage, we find ourselves most often using the estimated value section of the PurView Property Report.”
The assessment information, produced by Teranet’s Automated Valuation Model (AVM), is an automated tool that estimates a property’s value based on the analysis of surrounding property data, location, market condition and comparable properties. Having insight into assessment value can help mortgage brokers in Alberta mitigate risk, advise clients on purchase decisions and identify further opportunities.
Additionally, Sarah leverages the Title Search capability in the Property Report, which provides her with the ability to dive deeper into the property. Through PurView, users can access a Title Certificate, which is a legal document that serves as a record of property ownership, including legal interests, and encumbrances registered against title. The property information identified in this document is critical in getting a full understanding of the subject property.
“Title Certificates are often needed on files, so this is super beneficial when needed.”
With a Title Certificate, you can:
- Verify ownership details
- Analyze market trends
- Identify any easements or liens on a property
- Understand the history of the property
- Determining if there’s a registered mortgage on title
As an avid PurView user, Sarah believes the PurView Property Report is essential in her daily business and is a tool that she uses to conduct her due diligence but also strengthen relationships with her clients.
“PurView is a wonderful one stop resource for all your property insight when needed.”
Want to learn more about PurView and the property data that’s offered in Alberta? Our dedicated trainers are available for personalized one-on-one training sessions to better help you understand how PurView can better your business. Click here to request a demo.
