Resale rating is based on analysis of property sales history, area historical sales, and current resale list information. The more stars the better the deal as calculated using these factors.
Rating is based on information gathered by RealtyTrac from public records. As a result there may be inherent errors in this information that incorrectly raise or lower the rating. In addition, each property may have characteristics that affect the value up or down that are not taken into account in the resale rating because they are not of public record. As always, the user should make final determination of value.
Read an Overview of the foreclosure process, which includes links to state laws and other resources.
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