Reverse Mortgage Real Estate Prospects
Reverse Mortgage real estate leads prospects leads will enable you to market directly to borrowers who are 62 years old and older and have an LTV (Loan to Value) of 60% or less on their home mortgage loan. Similarly, Reverse Mortgages prospects are also known as Home Equity Conversion Mortgages (HECM) and this refers to taking out a loan on a home in which the borrower holds a substantial amount of equity, usually 50-60% minimum. The portion of the home that the borrower has paid off, or known as equity, is the collateral for the new home equity or reverse mortgage loan. HECM's can apply to regular second mortgages (home equity loans) but mostly the term applies to reverse mortgages.
Reverse Mortgage real estate leads prospect leads and with this huge victory for the HECM program, along with the most recent program changes that took place last year, it appears that everything is finally falling into place for the Reverse Mortgage industry.
Reverse mortgage prospect leads are motivated sellers. Not to mention there are literally tens of thousands of quality prospects in the marketplace who could benefit from Reverse mortgage prospect leads.
ProbatesDaily,com-ForeclosuresDaily.com provides you with the tools in the toolbox since 2004.
- Geography (zip-code, county, state)
- Current home value
- Estimated current equity in home
- Mortgage Information
- Age of Homeowner
- Presence of Spouse in Household
- Estimated household income
- Telephone number when available
- Ethnic surname overlays
“The early bird gets the worm” and “The squeaky wheel gets the grease” is the key to success. Also, finding the owner or person who can execute a deed is paramount. Start with a unique 4-6 mailing campaign consisting of hand written letters with colored envelopes and special markings. Technology has arrived, an effective way to communicate your intentions is post cards with pictures of the real estate imprinted. Postcards are generated fast and extremely effective.
Marketing must include working, the returned mail. In addition people change address over time. Databases including, government databases, courthouses, property appraisers, to name a few, have outdated or incorrect information. Skip tracing is a tool to sort out address issues, and phone numbers. Skip tracing will broaden your search criteria and give you more information. For example, If John Doe has three addresses, re-mail to all three address. Not recommended to call, heirs too soon with probates and pre probate leads. Some are still grieving.
Coupled with, other techniques including, boots on the ground. Nothing beats knocking on doors. Employing all means necessary and taking no prisoners approach, is what makes it happen! What works for you depends, on the demographics of location and other factors, including personal preferences.
In a state or city near you
Above all, we help you find real estate motivated sellers with equity. A city or town near you real estate leads in Addison, Albany, Anaheim, Atlanta, Annapolis, Boston, Boca Raton, Boynton Beach, Bradenton, Buffalo, Cincinnati, Chicago, Columbus, Concord, Connecticut, North Bergen, Baltimore, Dallas, Dayton, Detroit, Dearborn, Duluth, Grand Rapids, Flint, Fort Lauderdale, Fort Myers, Houston, Hoboken, Jacksonville, Indianapolis. Kansas City, La Crosse, Los Angeles, Las Vegas, Miami, Milwaukee, Montauk, New Jersey, Newark New York, Orlando, Pittsburg, Philadelphia, Phoenix, San Diego, Racine, St. Louis, St. Paul, Scranton, Tampa, Trenton, Toms River
Probate Real Estate Investors in a state near you. Meet our staff representatives are in Arizona, California, Colorado, Florida, Georgia, Indiana, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, Wisconsin.
What is the ForeclosuresDaily difference?
To point out, our data consists of only real estate. We connect our customers with motivated real estate sellers. We deliver.
To emphasize our process encompasses input from clerk of the court, the property appraisers, public notices and other filters. The end result is fresh real estate leads.
Unlike our competitors with turnaround time of 1-3 months old leads. ProbatesDaily.com -ForeclosuresDaily.com understand the importance of having fresh data!
Experience the ProbatesDaily.com- ForeclosuresDaily.com difference! We only supply you with real estate leads that are fresh daily. If you are a new investor or a hedge fund, we have the beef. Most timely, detailed, real estate Information on the planet. #1 nationwide real estate lead provider since 2004.