When u get NOD

[Account Closed]

i was going to get a NOD list at the courthouse. is there a way i can sort it out from houses that have equity and houses that dont?

the ones that have no equity are basically waste of mail right?

[Matt Cramer]

When I send letters I look up the Taxable value. I know that if a house is in good condition in our market the value is quite often 2-2.3 times the Tax value. I usually play 1.5x the tax value to be safe and mail only those but it depends on the amount of mailings you can send at that number. 

Sometimes agents are able to pull up the original mortgage amount on the home and that could give you an idea of equity however the best way I've found is to get a response from the person in default and talk to them.