Google Earth Helps Make Due Diligence a Breeze
Google Earth Helps Make Due Diligence a Breeze
Google Earth is not only one of today's most powerful free
pieces of software but it is quickly becoming a vital and
useful tool for real estate investors.
Google describes it as "a globe that sits inside your
computer."
Now you can type in any address and in most instances, get
a view that's so good it's almost alarming. So instead of
driving to the property you can look at it from the safety
and convenience of your computer without the hassle,
expense and time waste.
You can also look up road maps, crime statistics and get
historic maps.
Talk about detail- a recent scan my own home revealed one
of our cars parked in the driveway. I would even see my
front door quite clearly.
This is a tool which has the potential to turn due
diligence upside down. In fact, average users are reporting
that although Google Earth does require quite a bit of
RAM, it doesn't have the learning curve you'd expect. Most
people are able to use it quickly, within five minutes or
so. That's good news for investors who are not computer
geeks.
All you have to do to gleam a fantastic close-up image of a
property is to click on Fly To. Type in the address and
hit the small magnifying glass on the right. Instantly you
are carried from orbit all the way to the property's roof.
In fact, if you play with it a little you can adjust the
views not only from the top but also from the sides as you
pan out and in.
You will be able to see a property from the left and right
while looking at as much of the surrounding terrain as you
want. To call it addictive is putting it mild.
You may find yourself wandering the globe looking for
interesting maps, places and people who happen to show up
on the Google camera.
If that wasn't enough, Google has just acquired Image
America which is already well known for selling low cost
imagery to county appraisers and assessors. What this
means for real estate investors is that the images will be
even clearer.
That's because they use aerial imagery which is superior to
satellite imaging since it can be done in near- real time
acquisition. That means it's faster than the satellites
which are located 17,000 miles above the earth. And it's
more efficient that google's photographs taken from
airplanes.
That should solve one of Google Earth's biggest past
problems; some blurry images.
Nothing is more irritating than to type in an address and
get an image back that's so fuzzy your eyes strain. In the
past, this failure has been explained away as perhaps
cloudiness in the atmosphere.
Bad images don't come up often, but if it's that one
property you really want to see, it can get maddening.
Generally, however, most of the larger cities and towns
have very good close-ups.
Google Earth definitely solves one of the biggest problems
real estate investors have had in the past. Seeing
properties up close. When you are located in another state
or country this important tool helps make your due
diligence a breeze.
To download Google Earth go to
google.earth-free.org
Recommended Google Earth Resources:
www.gearthblog.com
www.gearthhacks.com/
googleearthuser.blogspot.com/
For a quick start manual on how to use it go to
www.gearthblog.com/basics.html
About the Author:
Alice Stevens is a real estate investor with 19 years
experience in property management. She writes regularly for
the lively and quick-witted blog, Real Estate Windfall.
www.realestatewindfall.com
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