REO Services

Real Estate Property Evaluation and Setup

• Secure, inspect and winterize property
• Determine Occupancy
• Offer Cash for Keys (CFK) (if occupied)
• Initiate and manage eviction process
• Evaluate property condition
• Provide detailed marketing plan with photos
• Perform BPO
• Obtain bids for trash-out, maintenance and rehab
• Evaluate environmental, safety and compliance issues

Marketing

• Develop property marketing strategy
• Establish list/sale price according to predetermined limits
• Establish tracking/monitoring system
• Provide monthly marketing report
• Evaluate strategy and pricing every 30 days

Property Management

• Order and oversee rehab and maintenance
• Weekly occupancy status report
• Monthly inspection reports

Contract Negotiation and Closing

• Negotiate offers within predetermined authority levels
• Provide detailed net sheet with all offers
• Manage closing process
• Receive billings
• Create final invoicing to client

Reporting

• Provide monthly status reports on all properties
• Provide monthly summary reports on sold properties
• Provide monthly expenditure reporting