REO Services


REO SERVICES

REO VALUATION - BPO<b/>
BPO - BROKER PRICE OPINION - EXTERIOR

  • Drive-by Inspection

  • 24 Hour Report Completion

  • Electronic Delivery

  • Digital Exterior Subject Property Photos

  • Includes Sold and Listing Comparables
    Marketability, Environmental and Repair Evaluation

  • As-Is and As-Repaired Valuation

  • Rapid Response Field Teams


BPO - BROKER PRICE OPINION - FULL INTERIOR

  • Full Interior & Exterior Inspection

  • 24-48 Hour Report Completion

  • Electronic Delivery

  • Digital Exterior Subject Property Photos

  • Extensive Interior and Repair Photos

  • Includes Sold and Listing Comparables
    Marketability, Environmental and Repair Evaluation

  • As-Is and As-Repaired Valuation

  • Rapid Response Field Teams


REO Loss Mitigation - Preservation - Enhancement
We understand that time is of the essence. Our goal is to increase your bottom line.

LOSS MITIGATION SERVICES

  • Short Sales

  • Cash For Keys

  • DEED-IN-LIEU Negotiation

  • Eviction Coordination

  • Relocation Assistance


PRESERVATION & ENHANCEMENT

LICENSED & BONDED CONTRACTORS

  • Secure Competitive Bids

  • SECURE VACANT PROPERTIES

  • Board-up

  • Lockout - Re-Key

  • Winterization

  • Sign Posting

  • Lockbox Installation


CLEAN & PREP

  • Debris & Personal Property Removal

  • Initial Cleaning

  • Abandoned Car Removal

  • Utilities Turned On


MAINTENANCE

  • Lawn

  • Pool Service

  • Utilities


PROPERTY ENHANCEMENT

  • Make-Ready Repairs

  • Supervised Rehabilitation


Marketing and Sales
Once we receive the green light to market our clients REO’s, the trigger is pulled and we are off to dispose the asset in the most professional fastest manner possible. Each campaign is structured to achieve the highest return in the shortest period of time.

We begin the marketing process by:

  • We pre-market all our properties, often giving us a big jump start once the listing is activated

  • Listing in the MLS’s throughout the region

  • Aggressively market to the real estate brokerage community

  • Install electronic lock boxes for monitoring and security

  • Install private vendor lock boxes

  • Install Select Properties For Sale sign

  • 24/7 property information line, which alerts our staff instantly of the potential buyer

  • Marketing Mailer to local area when appropriate

  • Place in local papers

  • Hold both Broker and Public Open Houses

  • Virtual Tours when appropriate

  • Professionally done color flyers for both interior and exterior use

  • Email marking to investors and brokerage community

  • Install financing flyers of your institution or approved lenders



We market our listings on several Real Estate web sites

  • REALTOR.com with enhancements

  • Selectpropertiesonline.com

  • kenwallis.com

  • REOlist4free.com

  • Local News Paper Web Sites

  • Homeseeker.com

  • MLS’s public sites

  • HomesandLand.com

  • Craigslist.com

  • LA Times online

  • Daily News

  • REOTRANS.com

  • AOL

  • Yahoo

  • Google

  • Zillow



Decrease your asset hold time and increase profit
Our experienced, professional, organized REO team produces better, faster results that increase your bottom line.

WEB BASED DIGITAL ADVERTISING

  • Local MLS with Web Site

  • IDX Local Broker Cooperation

  • Digital Still Photo & Video

  • Corporate Web Site

  • National Foreclosure Web Sites

  • Realtor.com

  • Automated Email Buyer Notification


PRINT MEDIA & OTHER MARKETING

  • Property Brochures

  • Property Sign

  • Local Newspaper Ads

  • Local Real Estate Magazines

  • Direct Mail to Investors & Neighbors

  • Networking at Local Realtor Boards

  • Networking at Local Investor Associations



ORGANIZED SUPPORT SYSTEMS

  • Experienced Support Staff

  • Networked Property Tracking & Management

  • Weekly Property Monitoring

  • Weekly Status Reporting

  • Showing & Feedback Log

  • Condition & Repairs

  • Current Marketing

  • Title Issues & Closing Status




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