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Every homeowner dreads the idea of a bank foreclosing on their home, but the truth is, banks don’t want to do it anymore than homeowners want it to happen. On average, a foreclosure can cost a bank up to $50,000, putting them on the hook for a great deal of money....read more
No lender wants to foreclose on a property. Not only is it a hassle to take back a property that you loaned someone the money to buy, but it can cost the lender hundreds of thousands of dollars in time, manpower, effort and in direct cash losses when they have to deal...read more
Even with the real estate industry well bounced back from the 2008 recession, millions of foreclosures are filed all over the nation every year. The industry constantly fluctuates, and even in the best of times, there are a lot of real-estate-owned properties out...read more
The idea of a property renovation can be tempting. A renovation can be very beneficial, especially if you’re looking to sell; but it’s important to note that there are mistakes that can often sabotage these potential benefits. By learning about some common mistakes...read more
Vacant properties have to be maintained. If they aren’t, they rapidly decrease in appeal and value and pose a higher risk to you as the owner. When you’re holding a vacant property, you want to make sure it remains in good condition while finding a buyer. Vacant...read more
We’ve been in the real estate industry long enough to see how quickly renovations, repairs, and restorations can go wrong when not properly supervised. Individual homeowners are not the only victims of this— corporate and government agencies can also struggle with...read more
I recently heard from a few brokers that because REO inventory is down, they weren’t planning on attending an upcoming conference. This line of thought got me thinking – that’s exactly why we need to go to conferences. Conferences have so much to offer attendees; it...read more
Finding the right REO Services Company can often be quite challenging. Not only do you need to work with a team that you can trust, but you also have to make sure that the company you choose has what it takes to manage the property you want to buy. Here are four...read more
Hiring a building contractor you can trust is the best way to avoid running into issues or dishonest practices. However, this is often easier said than done. If you have reason to suspect that the contractor you’ve hired might be hiding some issue or mistake from you,...read more
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- How to restructure your thinking to help you sell more REO properties with less effort
- How to have your REO property renovated and made more marketable without paying a penny out of pocket
- Secret strategies top REO brokers earning 6-figures use to sell more properties more quickly and for more money
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Tenant-Occupied REO Services
Handle repairs, renovations, evictions, compliance and violation abatement within tenant-occupied REO properties worry-free. We take time-intensive tasks off your hands to help you focus on selling.
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