Rental Property Investor · Wauwatosa, WI · Member since 2017 · 156 posts · 99 votes
8y
You wouldn't be mailing the letter to the address of the property you are looking to buy. You would be mailing the letter to the address listed as the absentee owner's address.
You wouldn't be mailing the letter to the address of the property you are looking to buy. You would be mailing the letter to the address listed as the absentee owner's address.
Hahaha! My wife brought the question to the table and thought it was a legit question. Immediately after posting we realized you would probably be getting the owners current address off sites like listsource, etc. Thanks for confirming!
Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
8y
Already solved above, but just to provide a little bit of extra detail... most list services will provide two addresses - 1) the situs address (the address of the property, and 2) the owner mailing address (where the tax bill is sent). You pretty much always want to use the later when mailing owners - absentee or not.
Fun fact - most "absentee" owner lists are created by simply comparing these two addresses and assuming the owner is absentee if they are different. Note that while this is a good approximation, you'll find quite a few folks actually aren't absentee - but perhaps just have their mail go to their office, their accountant, or perhaps a caregivers that takes care of their bills. More advanced providers may also take into account homeowner tax exemptions when determining who is or is not absentee, but those only apply in some states, like CA. I always recommend taking a look at your absentee list - especially in small rural areas - because sometimes you may see an unusually high number of absentee owners, when in fact, it is just because folks in that town all use post office boxes.