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The level of detail and depth for each Homifax Verify Report may vary based on the report's age, the owner's record-filing frequency, and the enhanced Homifax Insight synopsis
Return information may contain some useful valuable decision making data . Information will return as whether there is "information available" , "undisclosed" or "not available"
The price of a verified report varies widely depending on the type and value of the asset being verified. For example, it can range from $15 for an enrolled automotive asset to as high as $5,000 for a listed $100 million yacht. Several factors influence this price range:
Asset Type and Value: Simpler assets, like cars, require less effort to verify, resulting in a lower cost (e.g., $15). High-value or complex assets, like a luxury yacht, demand more extensive verification due to their market value and the volume of data involved, driving the price up (e.g., $5,000).
Verification Process: The cost reflects the effort needed to check an asset’s records, such as maintenance history or ownership documentation. High-value assets often require thorough investigations, sometimes involving third-party agencies, which increases the price.
Report Details: A basic report with minimal data is cheaper, while a detailed report—covering things like years of verified records or comprehensive maintenance logs—costs more due to the additional work required.
In short, the price of a verified report depends on the asset’s type and value, the complexity of verifying its details, and the depth of information included in the report. This explains the range from $15 for an automotive asset to $5,000 for a $100 million yacht.
Return information may contain some useful valuable decision making data . Information will return as whether there is "information available" , "undisclosed" or "not available"
The pricing for Homifax Verified Reports varies due to the depth, age, and detail of the information included in each report, as these factors directly impact the value and effort required to compile and verify the data.
Here’s a breakdown of why this variability exists:
Age of the Verified Record: As a Homifax Verified Report ages, it accumulates more historical data, such as maintenance records, utility usage, and Certificates of Good Standing (COGS). Older reports, with 36 to 48 months of trace-back records, provide richer insights into the asset’s history, increasing their value for decision-making in acquisitions or lending. For example, a report with 48 months of verified records and two 18-month COGS is more comprehensive than one with only 12 months of data, justifying a higher price.
Depth of Information: The level of detail in a report affects its pricing. Reports with extensive verified data—such as full monthly maintenance updates, billing and completion cycles, and consistent vehicle or add-on asset records—require more rigorous verification processes. These detailed reports, often achieving Class A status, offer greater transparency and credibility, which can unlock up to $30,000 in additional property equity value, depending on the asset type and account status.
Verification Effort: Homifax’s verification process involves third-party agencies, such as Certified Internal Auditors (CIA) and Certified Fraud Examiners (CFE), to ensure accuracy and compliance. The complexity of verifying diverse records, like 50+ verified records or 24 months of continuous trace-back data, increases the cost of producing the report, contributing to variable pricing.
Asset-Specific Factors: The type and assessed value of the asset (e.g., property, automotive, or high-value assets) influence the report’s scope. More complex assets or those with higher market values require more extensive data collection and analysis, leading to higher pricing for the report.
By tailoring pricing to the report’s age, detail, and verification requirements, Homifax ensures that customers receive fair value for the insights provided, which can significantly enhance asset valuation and facilitate seamless transactions. For more details on pricing, visit Homifax.
Return information may contain some useful valuable decision making data . Information will return as whether there is "information available" , "undisclosed" or "not available"
When you make initial inquiry | request, your information will not be pass along to record holder for approval.
Only when you decide to order actual Homifax report, then we will attach your general purpose information along with a digital Report Release Approval Request ( RRAR ) for clearance.
Please note . All Homifax Report Sale are final. It's non-refundable due to its nature.
Of course, if Homifax has not given you access to the report, then you can cancel anytime, we will issue the refund minus partial processing fee.
You cannot view the proofing documents because Homifax uses these documents solely to review and approve the validity of records. These documents are proprietary and can only be accessed by the current owner of the report. For new owners of an asset, proofing documents are only viewable after acquiring an asset with a Homifax Verified report proof of purchase, prior to the final offer, with the previous owner's personal information redacted.
You cannot download the report because the information it contains is proprietary. You can only view it via the provided link within a 30-day timeframe. However, if you decide to acquire the asset, the full report, including all proofing documents, will be transferable to you.