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For Banks & Lenders
REO/BPO Department
From Monitoring to Management to Closing
Pre-Foreclosure Department
- Loss Mitigation Consultation
- Pre-Foreclosure Monitoring
- 24-48 Occupancy Status Checks/Reports w/Photos
- Cash-For-Keys and Lockout
- Monitoring for Property Preservation
- Eviction Attorney and Sheriff/Bailiff Coordination
- Secure Evictions
- Change Locks
- Secure All Doors and Windows (HUD Style Available)
- Install Lock Box
- Complete Winterizations
- Dropping of Water Meter
- Blowing All Pipes
- Draining Boiler/Hot Water Heater
- Protect Lines/Pipes with Antifreeze
- Post Notice of Winterization and Secure All Facilities
- Coordinate Trash Outs/Yard Maintenance
BPO/CMA's Department
- Full Exterior Drive By's; Interior and Second Opinions w/Digital Photos
- 48-hr Turnaround or Rush BPO's
- Digital Photos; E-mail Capabilities
- Accurate Valuations (+/-5%)
- Accurate Market Analysis
- Cost to Cure Days On Market
- Determination Based on Days on Market Desired
- Highest Return
- Identifiable Insurance Claims
- Online Monthly Status Reporting Capabilities
Professional and Experienced Marketing
- Licensed, Knowledgeable and Experienced Agents
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- Laptop Mobility for All Agents
- Internet Access at Each Desk
- Recognized REMS Sign
- Real Comp Ltd/MLS Multi-List Service Capabilities
- Extensive Investor Database
- Website for Internet Exposure
- Exterior/Interior Photos
- Description and Demographic Information
- Not Limited to, But Including:
- Total Bedrooms/Bath(s)
- Area (w/Map and Letter#)
- Special Features
- Showings/Open House Information
- Selling Bonuses
- Listing/Availability Status
Processing/Closing Department
- Aggressive Timeline Management Team
- Timely Transmissions of Prospective Offers (E-mail Capability)
- 48hr Response Time to All Offers Submitted
- Asset Manager and Title Company Coordination
- For Accurate Status Reports on:
- Submitted Offers
- Pending Offers
- Closings
- Experienced and Knowledgeable Staff with any/all Local/Suburban Municipality Requirements for Foreclosure Sales
- Ordering City Inspections
- Ordering Special Real Estate Closing
- Water Reads
- Demolition Deferral
- Procuring City Waivers 48 Hours
- Prior to Close
- Experienced Title Specialists to Resolve Curative Issues
- Estate/Probate Sales
- Tax Forfeiture/Foreclosure
- Lis Pendens Issues
- Follow-Up with Buyers/Agents/Mortgage Companies to Insure Timely Closings
- Coordinating with Buyer's Mortgage Representatives to Clear any/all Underwriting Conditions
- Expense Reconciliation Management
- Expense Sheets/Holdback Forms
- Provided Within 48 Hours Prior to Closing
- Post Closing Follow Through On
- Utility Escrows
- Water Escrows
- Occupancy Escrows
- Final Bill Reconciliation
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