PropStream, a trailblazer in real estate data solutions, has introduced a groundbreaking addition to its lineup of lead lists: the Upside Down Lead List. This new tool is designed to assist real estate professionals in identifying properties with upside-down mortgages, where homeowners owe more on their mortgages than the properties are worth. Often referred to as “underwater” or “negative equity,” these situations can present unique challenges—and opportunities—for the real estate market.
“At PropStream, we’re always looking for fresh ways to empower our users with new datasets and tools; the Upside Down Lead List is a game-changer for real estate professionals of various types,” said Brian Tepfer, President of PropStream.
Understanding Upside-Down Mortgages
An upside-down mortgage, also known as an underwater mortgage, occurs when a property’s market value falls below the amount owed on its mortgage. This situation can result from economic downturns, changes in local housing markets, or personal financial hardships.
For real estate professionals, gaining insights into underwater properties can unlock opportunities to support homeowners and foster community development. The Upside Down Lead List simplifies the process of identifying these properties, enabling professionals to build targeted campaigns and provide valuable solutions for those navigating the challenges of negative equity.
A New Era in Real Estate Insights
PropStream’s new offering builds on its reputation as a comprehensive and dynamic real estate data platform. With the Upside Down Lead List, users can efficiently uncover properties with negative equity, saving time and effort in lead generation. This new feature empowers users to spend less time searching and more time connecting with leads, creating tailored pitches, and solving unique homeowner challenges.
“This new Lead List gives real estate professionals a unique edge by identifying properties with upside-down mortgages, allowing them to open new doors to untapped opportunities and help homeowners solve problems that may come with homeownership,” Tepfer added.
With a total of 20 Lead Lists now available, PropStream continues to adapt its offerings to meet the evolving needs of its users. By leveraging cutting-edge AI-powered datasets and an extensive data library, the platform delivers unparalleled insights and predictive analytics to keep real estate professionals ahead of the curve.
Experience the Power of PropStream
PropStream is more than just a data aggregator; it’s a comprehensive solution for real estate professionals looking to streamline their operations and maximize their impact. Since its founding in 2006, PropStream has amassed data on over 160 million properties across the U.S., making it an invaluable tool for uncovering off-market opportunities.
Recent enhancements, including the launch of PropStream Intelligence, showcase the platform’s commitment to innovation. By integrating AI-driven predictive analytics and offering thousands of filtering combinations, PropStream ensures that its users have access to the most targeted and actionable insights.
In 2021, PropStream was acquired by Stewart Information Services Corporation (NYSE: STC), further solidifying its position as a leader in the industry. Recognized as a HousingWire Tech 100 Honoree for four consecutive years, PropStream remains at the forefront of technological advancements in real estate.
About PropStream
PropStream, a Stewart Company, is a leader in multi-sourced data aggregation and predictive analytics. With its robust platform, PropStream empowers real estate professionals to identify and target leads with unmatched precision. Whether you’re looking for off-market properties or the latest market insights, PropStream is your ultimate resource.
