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We provide financial institutions with asset management expertise - from appraisal and market analysis to disposition and closing of real-estate-owned (REO) properties. We have the experience and the history of results to help you effectively manage your portfolio. Our goal is to provide each client with substantial reductions in both holding time and expenses.
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ONE POINT OF CONTACT
- Supervised the evaluation, marketing and maintenance of property while in inventory
- Serves as point person for negotiating sale with REO representative
- Monitors closing
- Submits final bills to escrow
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INITIATION PROCESS
- Re-key and secure property (board up if necessary)
- Initial inspection if required
- Broker Market Analysis
- Initial cleaning and trash haul
- Eviction assistance including cash for keys and or sheriff's eviction
- Utilities changed and put in name of RE/MAX Equity Group
- Bids for R&I and recommendations to improve marketability
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MARKETING AND MAINTENANCE
- REO specialists selected geographically for evaluation and marketing property
- Marketing in MLS, newspapers, direct mail programs, and internet exposure from RE/MAX Equity Group's award winning web site
- Regular interior cleaning as directed
- Weekly billing for utilities, maintenance and repairs with one monthly invoice to client (or as directed)
- Licensed, Bonded, and Insured contractors
- Regular yard maintenance as directed
- Winterization of property (seasonal)
- Weekly monitoring of property
- Regular status reports to REO representative
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