Best alternative for SC Absentee Owner Lists
Real Estate investors have long depended on Absentee Owner Mailing Lists to find seller leads. These lists are compiled using public records – usually the county registry of deeds and assessor’s office.
Unfortunately, a recent ruling in SC prohibits using the public record for marketing purposes. Absentee Owner Lists are no longer legally available to mail in the state.
Fortunately, there are new Motivated Owner-Occupied Seller Lists available nationwide, including South Carolina and Kansas (another state where Absentees aren’t available) These lists include: Owners with Low Financial Stability Scores (FSS) and Senior Homeowners with Long-Time Ownership.
There are no restrictions for real estate investor’s direct mail programs
because they don’t rely on the public records.
Here are details on the recommended real estate mailing lists for both.
Low Financial Stability Score List (FSS) – Often ready to cash out of their investment
- Homeowners who are likely to be struggling financially (see below)
- Owner Occupied and Absentee
- Owner age 40-89
- Eliminate owners known to have purchased less than 5 years ago
- Single family home
- Eliminate known low equity homes
- Specify Home value for your area
List will include the owner’s name, mailing address, property address, age, Loan to Value range and home value range
Seniors with Long-Time Ownership – often ready to downsize or transition
- Owner Occupied
- Owner age 60-89
- 15+ year residence
- Single family home
- Eliminate known low equity homes
- Specify Home value for your area
The list will contain the owner’s name, mailing address, property address, home value range and LTV range
Both the Seniors and FSS lists have additional advantages over the Absentee Owner List
The homeowners probably don’t haven’t updated the house in a while. They may have also deferred maintenance. They won’t be expecting the same money as their neighbors with the shiny new kitchen and fresh paint.
Get more information Seniors with Long-time Ownership and Owners with Low Financial Stability Scores (FSS)