NED List Disadvantages
While you can obtain a NED List through courthouse compiled data once the Notice of Election of Demand has been served to the defaulting homeowner, it is more profitable to market to distressed homeowners earlier, before their hardship reaches the NED List.
As partners of the three credit bureaus, we can laser in on homeowners 30, 60 or 90 days late, once the lender reports the homeowner as being delinquent. This is under the radar, obtained through a “soft” credit inquiry, which means you can eliminate 90+% of your competition that works the same stale, aggregated NED list that everyone else has access to.
Which areas do you cover? We can filter the Pre NED list by counties, cities, zip codes, or radius around a zip code. You can refine the search further by how late the borrower is, loan balance, percentage of equity, and myriad other mortgage and credit filters that put your real estate services in front of upside down, struggling homeowners at the first sign of hardship.
To build a pre NED list that is tailored to your real estate business, call 866-490-3459 or for more information, visit www.preforeclosuredata.net. From Fort Collins to Pueblo, we provide early, accurate and exclusive pre foreclosure data on homeowners that need the services of a real estate professional.
If these distressed homeowners get a postcard or a letter, a phone call or a door knock from someone that empathizes with their situation and walk them through this difficult period in their lives, they will be receptive to your message of hope and solutions. More than providing a pre NED list, our savvy marketing consultants will suggest ways to get through to these distressed homeowners and provide marketing scripts and samples that have worked extremely well for other agents.