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Updated almost 11 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Michael Longobardi
  • East Norwich, NY
1
Votes |
10
Posts

Should I solicit owners who have negative equity?

Michael Longobardi
  • East Norwich, NY
Posted

We purchased a list of pre-foreclosures in a 5 mile radius which included a column that shows equity. Almost half of the houses have equity less than 100 percent all the way down to -68 percent. My question is whether I should be mailing to these people or not?

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