Housefax.com launched a data platform that provides consumers with an assortment of home property records.
Housefax users can obtain consolidated home reports on U.S. properties coupled with specific building permits, mortgage information, as well as data on fire, sink hole and flood risk. The reports are available online for $59 each.
"Though we're in the midst of a housing rebound, many homes have been neglected, rented, foreclosed or left vacant, and today's buyers are far more cautious," said Housefax Founder and CEO Eddy Lang.
He added, "When finalizing a contract on a home, inspection reports often threaten closings too late in the process, and can miss hidden red flags like mold, fire and flood damage, or even meth labs, sink holes, earthquake fault lines and other hazards. It's important to do your own residential diligence before making an offer on any home."
In 2012, Lang created a team of technology, real estate and marketing professions to build the database and buyer-beware reporting format designed to provide consumers with consolidate and affordable information.
Housefax aggregates a variety of public and proprietary data, gathering accurate and reliable information from the most accredited sources. The data services team, led by CTO Hassib Amiryar, continues to research and develop features, tools and additional data points as the company builds out the system in 2013.
"No one's been able to combine all these tools and information into one universal report to help consumers make better decisions," said Housefax Chief Strategy Officer Allan Dalton, former CEO of Realtor.com. "As the market rebounds, Housefax will complement the roles of real estate professionals and home inspectors, preserve more transactions, and convert the market from 'Buyer Beware' to 'Buyer Aware.'"