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Upside

Upside
  • #: 12070
  • Price: free ($0.00) In Apple Store
  • Category: Business
  • Updated: 2011-01-06
  • Current Version: 1.0.6.1
  • 1.0.6.1 (iOS 4.0 Tested)
  • Size: 3.80 MB
  • Language: English
  • Seller: XOGEN INC
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.3 or later
  • © xoGen
  •  Add to Favorite apps

 

Description

NOTE: This free version of Upside is a fully functioning version for one property at a time. You can replace the data to analyze other properties. Serious users / professionals will want to purchase the paid version with unlimited property list capability.

Upside is a powerful financial property assessment and acquisition tool designed specifically for real estate professionals by real estate professionals.

In these fragile economic times, you must be able to assess a property’s financial situation quickly and easily. Upside is the fastest and most accurate mobile assessment tool on the market. If you need to find the equity and profitability in property, Upside is a must.

This mobile software is invaluable to:

o Real Estate Agents/Brokers

o Financial Lenders

o Foreclosure Agents

o Commercial Investors

o REIT Portfolio Managers

o Homeowners

By simply entering information relating to the property’s type, costs, debts, and equity, Upside will present a comprehensive “dashboard” to help you understand the property’s financial viability, acquisition costs, owner buyout options, commissions, and short sale calculations. The more information you provide Upside, the more accurate the calculations become.

Unlimited properties can be entered and compared along with all other information relating to each property. All information is conveniently organized into four main sections; Info, Costs, Defaults, and Reports. The types of information within each of the four sections are:

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FEATURES

Info Tab

Enter and store property data including the address, type of home, APN #, bedrooms, bath, fireplaces, and square footages as well as the property owner (four different owners can be entered for a single property). Also enter the estimated value of the property. If you’re concerned that the estimated value of the property might be too high or low, a contingency can be added to or subtracted from the estimated value giving you the assurance that the estimated value is as accurate as possible.

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Costs Tab

Enter all loans and home equity lines of credit (HELOC). If the property is in need of physical improvements, add costs for a new roof, carpet, windows, or anything else that’s required. For investors needing to know what the costs will be once the acquisition occurs, Upside tracks all carry costs; a key factor for any investment professional.

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Defaults Tab

Dealing with a distressed property in Notice of Default (NOD) or Foreclosure? Track critical financial data for one or more loans/HELOCs in default. Often forgotten factors in dealing with distressed properties are the costs associated with liens on the property, judgements against the property owner, past due alimony and child support payments, and delinquent tax payments. Not a problem anymore. Just enter the amounts as well as the company, contacts, phone, fax, account numbers and notes.

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Reports Tab

Visually stunning report windows allow for rapid analysis of the property’s financial position. Quickly see the breakdown of total equity, debt and profit. If you’re a investment professional or foreclosure agent needing to acquire or flip the property, easily calculate your commission, equity splits, owner buyout options and walk-away-profit using our innovative controls. If a property is in Notice of Default (NOD) or Foreclosure, see the true cost to reinstate all the loans. Other highly valuable information can be viewed in this tab.

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The world at your fingertips

What's New in Version 1.0.6.1

Splash screen fix

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The information may be outdated (2011-03-27 11:43:02). For actual information go to iTunes

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