Keystone Court Data

real estate investors use us to find motivated sellers from public court filings. pre-foreclosure, divorce, probate, partition. court-direct lead data, updated daily. the leads show up months before they hit the mls.

@RodKhleif Reach gets you capital conversations. Sourcing gets you deals. Probate and pre-foreclosure cases file in every county regardless of your audience size. Different constraint entirely.

If you're starting any business, creating reach is crucial, especially for raising money in multifamily investing. Social media is the easiest and fastest way to build that reach.

@CaseyMericle True for probate especially. Some heirs just want a clean exit and others treat every email like a negotiation. The filing itself doesn't tell you which type you're dealing with.

The older I get the more I think about counterparty selection Some people I’d rather not deal with Regardless of the upside

@Jacob_Naviaux 18 bids across 6 counties is solid pre-positioning. Most buyers camp in one jurisdiction. Crossing county lines adds friction but widens the funnel.

All ready for the foreclosure auction tomorrow. Have 18 properties I’ll be bidding on across 6 counties in metro Atlanta (as of now). Here’s a look at what underwriting has looked like over the last week and a half: • 92 properties driven (hired this out) • 66 underwritten • 29 titles ran The drop in numbers comes from a mix of properties getting canceled from the sale + realizing properties are underwater quickly without having to run full title. Wish me luck.

@nickgerli1 Wisconsin foreclosure filings have stayed pretty flat despite the inbound migration. The appreciation is real but distressed inventory hasn't caught up yet. Different dynamic than Illinois where both moved together.

A low-key housing market that is surprisingly booming right now is Wisconsin. Home values are up over 5.3% YoY (2nd in U.S.), and inventory is in short supply. Why? It has to do with migration. From 2005 to 2021, Wisconsin lost people every year. But for the last four years, it's bounced back into positive territory, with the highest domestic migration rates in over two decades. The question is: will it last? Home values in Wisconsin are now getting overvalued, and a once-affordable housing market is becoming expensive. Watch for shifts in migration and housing inventory in your local market. reventure.app/mobile

Probate takes longer than divorce to resolve but it's the more reliable lead source. Divorce settlements can reconcile or stall. Probate has a forcing function. The estate has to settle. The property usually moves.

@CaseyMericle Collateral assignments are weirdly underutilized for the amount of flexibility they add. Most distressed sellers need liquidity faster than a traditional close allows anyway.

Can’t stop thinkin’ about collateral assignments

@TheJSantiago Lowball works when the seller has a deadline. Foreclosure and probate timelines create that pressure independent of market conditions. Different motivation mechanic entirely.

Make that lowball offer today. It could change the landscape of your bank account. You have nothing to lose.

@Jacob_Naviaux Capital buys time but deal flow still runs the clock. Probate and foreclosure cases file on their own timeline. The operator with liquidity and consistent sourcing wins twice.

Most new investors want passive income on Day 1 while living paycheck to paycheck. That’s backwards. I didn’t buy my first rental until I was making $40k+ per month from wholesaling and flipping and had several hundred thousand in the bank. Build the engine first. Then buy the boring assets that pay you every month.

@mikesimonsen Property tax pressure tends to flush out overleveraged owners faster. Foreclosure filings spike in high-tax counties when rates rise. Different channel than affordability math but the distressed supply effect is real.

Here's an illustration for how lower property taxes HURT affordability. Higher property taxes HELP affordability.

'pre-foreclosure' isn't an official stage. it's what investors call the period between a notice of default getting filed and the auction. the court doesn't use that term. we do because it's what buyers search for.

We just published a breakdown of court-direct leads in Clark County, Indiana. 46 active filings right now. Louisville metro investors should read it.

@mikesimonsen Land value tax would at least force vacant lot speculators to move or sell. Partition filings show how many properties sit locked in family disputes for years while land appreciates. Tax structure could change that calculus.

If we’re serious about housing affordability, we should be serious about the Land Value Tax.

@nickgerli1 Miami foreclosure filings are still running below 2019 baseline though. People leaving doesn't always mean distress. Sometimes it just means they sold and moved.

Miami's domestic migration just plunged to the lowest level on record in 2025. With an astounding -113,000 net Americans fleeing the 3-county metro. Note that Miami usually loses Americans due to outbound migration, and makes up for it with international immigration. But the domestic losses are now getting especially severe, suggesting that the area is losing U.S. residents due to its lack of affordability. Additionally, international migration dropped precipitously in 2025 as well, making Miami-Dade County the 3rd biggest population loser in the U.S. These demographic statistics in Miami tell quite a different story from the conventional real estate narrative. And are a primary reason why the real estate market is rolling over. To access metro and county-level migration data for your area, download our app: reventure.app/mobile

@distressedpro Seller profit margin compression usually shows up in partition filings a quarter later. Co-owners stop being able to buy each other out when equity thins. That's measurable at the county level.

Home Sales Profits Fell Below 45 Percent for the First Time in Five Years attomdata.com/news/market-tr…

If you need coverage in every state, use PropStream. If you work a few counties deep and want court-direct data that updates faster, we're built for that. Different tools for different workflows.

@kenmcelroy Income compression shows up in court filings before it hits rental demand. Partition and probate cases tick up when families can't buy out co-owners anymore. That lag is measurable.

AI isn’t just eliminating jobs It’s reshaping them Companies are still hiring Just not the same roles Income compression is real And it impacts housing This is why I believe we’re moving toward a renter nation

@RickPalaciosJr Worth watching whether Dallas foreclosure timelines compress too. Rent affordability matters less if distressed sellers can't exit fast enough to capture it.

In #Dallas, renting a home hasn’t been this affordable since 2008.

@distressedpro Price declines take months to show up in aggregated data. Pre-foreclosure filings are public the day they're filed. That's the signal institutional buyers are watching but most retail investors still skip.

The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, March 2026 wolfstreet.com/2026/04/16/the…

shipped the absentee owner flag. it marks leads where the mailing address doesn't match the property address. that's the list investors actually want.