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Preserving an REO property is essential to making sure that the property doesn’t turn into a fatal drain on your finances. Since no bank wants to end up owning and selling properties, it’s important to get that property off your rolls as soon as you can. The problem...read more
When you’re saddled with a bank-owned or REO property, it can quickly turn into a nightmare. You never wanted to own the home to begin with—you loaned money to a borrower in good faith that they’d pay it, and they failed to live up to their end of the bargain. This...read more
It’s a basic fact that almost no bank or lender wants to take possession of a property. They’re in the business of helping people buy properties, not owning them. When a bank has to foreclose on a mortgage or otherwise take possession of a home, they’re stuck with the...read more
Even as the real estate market stabilizes and continues to improve, there are still a ton of vacant properties sitting empty in cities across the nation. Too many of these are bank-owned or REO properties. Such properties present a great deal of risk to the companies...read more
Keeping your ROE property in proper shape during the winter months requires regular attention and care. When someone is occupied, these things occur naturally by virtue of the people living there. When no one is inside, however, you need to manage it properly to...read more
REO properties are the bane of many lenders. No bank or real estate company wants to end up owning a foreclosure property. They are not only a time drain, but a drain on resources and finances. This drain comes in terms of not only ongoing ownership costs, but...read more
Even as the real estate market continues to balance out, there are still thousands of bank-owned properties out there, and the one thing that every REO property owner and manager wants is to get these things off the market, or at least have them start generating...read more
When you own an REO property, there are a ton of issues you have to face in order to keep the place in solid condition to sell fast and high. Keeping the building in good repair and updated, trimming the lawn, defending against moisture and vandalism, all of these are...read more
REO Properties face a lot of danger from opportunistic criminals. They could be the target of vandalism, damage, arson or a range of other issues. Theft becomes a problem, and one of the biggest issues that property owners across the nation face is that of squatters,...read more
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- How to restructure your thinking to help you sell more REO properties with less effort
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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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