Property research for wholesale and novation planning
A seller's asking price is only one part of the decision. DealRivet puts available property facts, financing estimates, comp evidence, and your own deal numbers together so you can identify what deserves a closer look and what still needs confirmation.
Start with the exact property
Enter the street address and ZIP code and review the returned parcel. Check recorded ownership and property facts against the lead. A research match helps you ask better questions; it does not verify the seller's authority to sign.
Review the available financing estimates
Look at the estimated mortgage balance and equity when the source supplies them. Missing data remains visible. Record a confirmed payoff separately when obtained; an estimated balance can be stale or omit other obligations.
Check nearby sold-property evidence
Filter comps by date, distance, size, and property type. Review differences in condition before using a sale as evidence. The valuation workflow explains its inputs, and you retain responsibility for deciding which assumptions fit the property.
Put the assumptions into your deal plan
Enter purchase price, repairs, and projected fee for a wholesale scenario, or seller proceeds and selling costs for a conditional novation plan. Check whether the numbers leave room for your target and confirm the transaction requirements before proceeding.
Questions about this workflow
Can DealRivet show a property's mortgage balance and equity?
Property lookup can return available estimated mortgage balance, value, equity, recorded ownership, and property facts through the connected data source. Coverage varies, and a missing field stays missing. These are research estimates; confirm current loan payoffs, liens, and ownership with the appropriate source before relying on them for a transaction.
How does DealRivet help me compare wholesaling and novation?
Use the available mortgage and equity estimates to screen the opportunity, then enter your deal assumptions. Wholesale numbers connect purchase price, repairs, and projected assignment fee. The conditional novation plan records seller proceeds, target resale price, commissions, and other selling costs. You choose the route after reviewing the numbers and applicable requirements; the CRM does not guarantee that either route is viable.
Can I review comps and calculate a buyer asking price?
Yes. Review nearby sold-property evidence and filter by sale date, distance, size, and property type. Deal numbers let you enter the purchase price, repair estimate, and projected fee and keep the resulting buyer asking price with the lead. Valuation evidence supports your analysis; it is not an appraisal or a guarantee of resale value.