HomeProof report offers property history

The HomeProof Report is a new product that offers a complete home due diligence report (detailed history) on any Canadian property, the company’s owners say. It is created by searching the address against millions of records from key sources and obtaining the most comprehensive and current claims data available.

HomeProof delivers the report to customers electronically, in an easy-to-understand format. The report details data on theft; floods, natural disasters, fires, water damage, clandestine labs and drug operations data from various police sources.

HomeProof founder Alexandre Morin and his partners say they created the HomeProof Report as a way to add transparency to the process because the report gives only factual information and data that can affect a person’s decision to purchase a home.

“The real estate industry will have a tool that is transparent and factual, and that will help build trust by providing just the facts,” says Morin in a news release. “The risk of not knowing the information our HomeProof Report provides is simply too high. The cost of the HomeProof Report is just .037 per cent of the price of an average Canadian home.”

To see a sample HomeProof Report, visit http://homeproof.com/report/.

Waheed Subhani

In concept I find it interesting. I see why this works well in the automotive industry. Everyone wonder's if a cars been badly hit and poorly repaired. I'd be interested to see how well this works in real estate. I with the team best of luck!
Carolyne L

I think equally or perhaps even more important is report on "surrounding" homes/properties. Although we read the news and hear the news, as REALTORS(r) we can't know it all and do research through the police department, etc… and even if we did and could, by the time the transaction closed, the information would likely be out date. That is the one critique I would share with this new company. How can you possibly be a hundred percent current? (not criticizing).

Short of selling a house to someone and engaging one on one conversations up and down the street with those neighbours prepared to talk, what is a REALTOR(r) to do?

For example, I sold a house to a young couple. I knew the area but not house by house, in that particular location. They chose the house, I enlightened them to the best of my ability as to the the make-up of the area. But they knew it well, and felt comfortable. Their parents lived not far away and that was important to them.

Turns out that two owners prior to the seller they bought from were allegedly drug dealers. And there had been a drive-by shooting. Neighbours quickly informed my buyers when they moved in. Now there has been another area incident, they just informed me. A drive-by shooting. This couple is planning on having children. And they are concerned.

So – if I list that house, am I to disclose this (hypothetical) information? Is it "my" responsibility?

In another case, within months of moving in (cops on the street regularly started happening), drugs at a couple of houses, tactical squad had to be called because one owner's daughter and friend were threatened by a knife-wielding fellow who hopped the golfcourse fence right into his yard; and then – across the street, a wife tried to slit her husband's throat as he slept. But they took HIM to jail. He refused to press charges. How safe is that neighbourhood?

None of this is public information, just neighbourhood talk and visible cop intervention. We simply cannot protect everyone, from everything. Buyers and sellers also have to do their own due diligence.

Just sayin'

Carolyne L
www,Carolyne.com

HomeProof report offers property history

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