For the last few years, HomeSmart Reports has voiced its concerns about the growing effect of mortgage fraud and how it might affect the real estate market. The company has produced statistics about the increasing fraud in many areas of the country. Some of these statistics and stories from HomeSmart Reports have found their way to USA Today, The Wall St. Journal, Bloomberg News, The Christian Science Monitor, New York Times, Los Angeles Times and many other publications.

The message has had a similar ring throughout telling “buyers to beware”. Today we are feeling these effects like we rarely have in the past and it is even more important that buyers be vigilant in their research. Believe it or not, some home prices have been inflated to three times their true market value and in some rare cases even more. That’s why buying a home, even at some seemingly large discount, may not be a good deal at all if the local market conditions are risky.

Go to the following link to see what you can find out about a property. These reports go far beyond basic profiles and actually give you some real market analytics.

http://homesmartreports.com/Contents/ReportOrder.aspx  Click on the sample report to get an eyeful. Great information is good to have in tougher markets. It helps buyer and sellers get to decision points.