Direct Mail and upside down properties

[Roc P.]

Hello everyone, what parameters on list source would you use to target upside down properties. Are looking for something with 5-10% equity? Thanks Rocco

[Allen Maris]

Hi Roc,

I've found pretty consistently that most houses purchased from 05 to about early 08 usually are underwater or have a little equity. 

List source has % equity and LTV % parameters but the data doesn't always get reported to them, so take it with a grain of salt, it might not be accurate enough to guarantee anything.

Allen