Marketing Your Property
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Listsource and their Equity Calculations...
Listsource told me that their equity range criterion is an estimate/calculation based on the date of purchase.
I'm interested in obtaining a "100-to-100" percent equity list from them, where there is 100 percent equity in each property in the list.
To me, by definition this should include:
1. Properties purchased w/ mortgages that have subsequent mortgage discharges on record with the respective county, and..
2. Properties bought with cash.
My goal is to have confidence that the list I want (of properties with 100% equity) includes properties bought with cash.
So I understand how they identify properties that meet the first criteria; but what about the second one?
The only thing that makes sense to me, is that they single-out purchases where there's no coinciding mortgage on-record.
I asked Customer Support, and they say they're going to "research" this and let me know how they identify cash purchases.
But I was just wondering if anyone on this forum might know the answer, in case I never hear back from them.
Thanks