Use 3D Tours to Find Potential Properties
If you are interested in finding a foreclosed home, this article highlights how you can use 3d tours to find the best pre foreclosure listings on the market.
Buying a pre-foreclosure home has many benefits like being able to negotiate and getting discounted prices. With all the options to buy out there, how do you find the best listings?
Using 3D visualization can help you discover and choose the best pre-foreclosure homes to invest in and which to avoid.
This is how you can use 3D tours to find the best pre-foreclosure listings on the market.
What is a Pre Foreclosure home?
Pre-foreclosure is a stage in the foreclosure process. During this time before it is put on auction, the owner of the home will have been given a Notice of Default.
A Notice of Default occurs when the mortgage borrower is on default meaning they have breached the terms of their contract and are at fault. This is a public notice that is filed through the court system.
If you put in the research and work, you might be able to snag a great property at a discounted bargain price.
A home that is in pre-foreclosure is different than a home that is in foreclosure.
Foreclosure is when the lender takes action by taking back the property as collateral because the homeowners stopped making appropriate payments on their home.
3D Tours Create a Full Picture
Looking at multiple single pictures of a home can help you understand what a home generally looks like.
However, there are always areas that get left out of these pictures. There is also a disconnect between knowing exactly how the flow of the home works and where exactly all the rooms are in relation to one another.
3D renderings bring all of these details together to give you as accurate a representation as possible without actually being there of what the pre-foreclosure home looks like.
Tours done like this in 3D are done by placing special cameras strategically throughout the home and taking high-resolution quality pictures while rotating. Putting all of these together gives you a view as if you are in the room looking around.
Another way to use 3D renderings is to take your illustrated floor plans that are 2D and having a professional create a 3D rendering of that same floor plan.
These are done by making PDF or CAD drawings on a computer and using technology to convert them into 3D visualizations.
When you are looking at that floor plan that has 3D rendering, you have a better understanding of the space. This only increases when you are able to look at a version of the space that has a set up of furniture in it.
Seeing how furniture could be put in the home can help you visualize how your things will look or how the space could be valuable for future buyers.
This is all a part of clever real estate marketing for any type of campaign but can be especially helpful with pre-foreclosure homes.
Where to Find Pre Foreclosure Listings
There are options when you are going to look for pre-foreclosure listings in your area that you probably haven't thought of before.
One way is to view the online database for your county area. Look through your counties website to find these listings. This should provide you with specific property data. Make sure to filter your results by what type of property you are looking for. In this case, pre-foreclosure homes.
Looking into the legal notice section of your local paper can also prove to be successful for finding these listings. This is where you can find what properties will be up for the foreclosure auction.
Notices of Default are normally kept on record at the local county clerks office. This could be a great way to start your search for available properties in your office. You can even figure out the lender and owner information to see other pictures and renderings of the property.
With these options to find homes, take any potential addresses and Google them. This can help pull up all results for that property. Do your research and carefully read everything you find out about the homes.
You might even be able to find 3D floor plan or tour to look at!
Why 3D Tours Work
Looking at 3D renderings of a property give you more details. You can't always make it to the site of the home to do an in-depth look at all the rooms and areas.
Online property tours will help you see the inside and outside of the house in greater detail.
You can take your time and look at the places at whatever pace is comfortable for you. There is no need to worry about having a real estate agent, homeowner, or lender looking over your shoulder while you are touring the property.
This might make you rush the tour and not completely get to take in everything you want to see.
Feel free to look at an online tour as many times you want at whatever speed you want. It's completely up to you.
Even if you have seen the property before, having a point of reference with an online 3D rendering allows you to look back even when you aren't there.
It also takes time to look at all these pre-foreclosed homes that are on your potential list to buy. Being able to preview these online can cut on how much time you spend looking at each of these homes.
Knowing exactly how the floor plan works is very important when you are looking to buy a pre-foreclosure home. A 3D layout will make everything clear so you know exactly where everything is in the home including washer/dryer, utility rooms, and all the closets.
It is Worth the Effort
Purchasing a pre-foreclosure home using 3D tours can be well worth all your effort to get the best price.
DesignBlendz is passionate about using these innovative, high-tech systems to enhance the real estate market.
Find more ways to streamline the real estate process on our blog.