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Homefacts now alerts buyers when homes take turn for the worse

06/29/2016

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Imagine a homebuyer is scheduled to close on the perfect home, but then a sex offender moves in nearby or an adjacent property is registered as a former drug lab. She might not discover these changes until she’s already bought the property, potentially resulting in buyer’s remorse. Homefacts.com is the latest website to offer a way for people to hedge against this dreaded scenario. Consumers can now keep a closer eye on properties and neighborhoods by signing up for alerts that can tell residents or prospective buyers everything from when local crime rates tick up to when nearby properties fall into foreclosure. AddressReport is among other services that provide similar notifications. While consumers can use apps and at least one website to sign up for alerts whe…

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