Auctions
A Lead List within PropStream that identifies delinquent or distressed properties scheduled to be sold at Auction. The Auctions list identifies properties that currently have a Notice of Trustee’s Sale or Notice of Sheriff’s Sale filed against them.
Bank Owned
Also known as REO (Real Estate Owned) or a Foreclosure. This list Identifies properties owned by a lender, such as a bank, that were not successfully sold at auction and have been repossessed by the lender.
Bankruptcy
Identifies all properties where one of the owners has an Active Chapter 7 or Chapter 13 Bankruptcy filing.
Cash Buyers
Identifies non-owner occupied properties that were purchased through an all-cash transaction (i.e. no mortgage).
Divorce
Identifies all properties where the owner has been flagged as having a divorce filing.
Failed Listings
A Failed Listing means a property was unable to sell on the MLS through the listing agent. This data is a good indicator that the property owner has motivation to sell.
Flippers
Identifies a property that is currently for sale on the MLS that was purchased within the last 24 months (i.e., a property being “flipped”).
Free & Clear
Identifies properties that currently have no open mortgages.
High Equity
Identifies properties that have either (i) 50% or more equity, (ii) Less than 50% Loan-to-Value Ratio, or (iii) $100,000 or more in equity.
Liens
Identifies properties with an involuntary lien recorded against the property. This includes Tax Liens (Federal, State, Local), HOA Liens, Mechanics Lien, etc.
On Market
Identifies properties currently listed on the MLS with a status of Active, Pending, or Contingent.
Pre-Foreclosures
Identifies properties that have missed mortgage payment(s) and where a default document has been filed by the lender. Pre-foreclosure document types include Notice of Default, Lis Pendens, Notice of Trustee’s Sale (Auction) or Notice of Sheriff’s Sale (Auction).
Pre-Probate (Deceased Owners)
Pre-Probate identifies all properties where one of the owners on a property title has been identified as being deceased.
Senior Owners
Identifies properties where the current ownership (i) exceeds 25 years or (ii) the property owner has a senior tax exemption or (iii) the current owner has an open reverse mortgage.
Tax Delinquency
Identifies properties where the county Tax Assessor has indicated that the owner has failed to pay their property taxes on time.
Tired Landlords
Identifies non-owner-occupied properties (i.e. rentals) where the current ownership exceeds 15 years.
Upside Down
This list shows homeowners that are underwater or upside down on a home. They’ll have negative equity or an abundance of real estate debt from an outstanding mortgage balance that exceeds the property’s current market value or, in other words, homeowners that owe more than the home is actually worth.
Vacant
Identifies properties currently flagged as being Vacant by the US Postal Service.
Vacant Land
A parcel of land that does not contain any physical structures on it.
Zombie Properties
Identifies properties that are currently in Pre-Foreclosure and the property has been flagged as being Vacant by the US Postal Service.