REO Services

REO Services


 

 

Pre-Possession Services

 
Post-Possession Services
Real Estate Brokerage
 
 
 
  • Interior BPO’s
  • Re-key & Winterization
  • Thorough Broker Price Opinions
  • Drive-by BPO’s
  • Lawn Maintenance
  • Marketing Brochures
  • Digital Photographs
  • Debris and Trash Removal
  • Full and Internet Participation
  • Occupancy Verification
  • Written Interior and Exterior Repair Estimates
  • Activity Reports
  • Loss Mitigation
  • Before and After digital photographs of repairs
  • Closing Coordination
  • Cash-for-keys
  • Utility Turn-on Coordination
  • Common Interest Association Follow through
  • Evictions
 
 

 

We offer:
  • Single Point of Contact REO Coordinator manages the listing and sale of all REO properties for the company
  • Initial Property Condition Determination if property is occupied or vacant, exercise cash-for-keys policy per lender instruction
  • Initial Property Start-Up with re-key, turn-on of utilities, initial interior & exterior trash out, initial interior clean, lawn cleanup, Maintenance
  • Experienced REO Team specifically trained to expedite the sale of REO properties and the efficient completion of paperwork and reports  
  • Broker Price Opinion Comprehensive broker price opinion report with necessary repairs noted, interior and exterior photos (digital), property tax records, comparables
  • Repair bids  provide required number of bids specified by client, correlation of bids and summary provided to client for easy evaluation
  • Maintenance Services Supervision  for timely completion of repairs or monthly maintenance needed, inspection of work and approval of invoices
  • Monthly Invoice Billing Accounting manager submits all original invoices and copies of checks for reimbursement, completes final invoicing per client instruction
  • Aggressive Marketing Plan Placement of property in MLS, preparation of marketing flyers, several internet listings,  interval print advertising in local newspaper, Open House for prospective buyers, signage, info sheet box in front yard, flyers delivered to local area Realtors.
  • Sale & Closing Procedures Present and negotiate all offers with client, submit accepted contract with all required addendums, coordination with closing agency for timely HUD-1 approval, final closing