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Every business suffers downtime, when things are slow and the money isn’t pouring in as fast as it otherwise does. For REO properties, the end of the year and the holiday season in particular are that downtime. Very few bank-owned properties hit the market during this...read more
When you’re a bank stuck with an REO property on your records, you’re in a quandary. You generally don’t have a lineup of reliable contractors on staff; after all, your business is to loan money, not to upkeep, manage and repair properties. Still, when you are forced...read more
It’s bad enough when a bank, credit union, mortgage company or other lender gets saddled with a property they never wanted. These foreclosure and abandoned properties, known as REO properties, can be a serious drain on your finances as a business. The problem gets...read more
Properties need ongoing upkeep and maintenance, an unfortunate (and sometimes expensive) fact of life. Unfortunately, it’s already bad enough when a bank ends up with a property they are forced to foreclose or which the previous owner simply abandoned. These REO...read more
No lender wants to end up owning a property. After all, you’re not in the business of managing people and repairs. You’re in the business of helping people buy. When you get left with a foreclosure or abandoned property, you often wonder what the next step is. You...read more
So you’re a lender — bank, credit union or mortgage company — who has just been saddled with a foreclosure, abandoned or other property, and now you don’t know what to do. Of course, you don’t want to keep it. You’re in the business of lending money so people can buy...read more
Sure, we’re currently at the height of summer, and winterizing your REO property is probably the last thing on your mind. Before you know it, however, the temperatures will be dropping. If you’re not ready to go, your properties can suffer damage that will cost...read more
When you have an REO property on the books, you want to get it repaired, restored and updated as fast as possible so you can get it sold at a profit. Of course, since lenders don’t generally keep carpenters, electricians, and other contractors on staff, getting that...read more
One of the biggest issues faced by REO property holders in Aberdeen, Frederick and Hagerstown is debris and hazards. Many foreclosure properties have suffered untold damage, either from neglect or the deliberate acts of those who used to own the property. This can...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.
Other REO Services
Securing services, winterization, key lock-boxes, for sale signs, local code compliance and more — if it’s REO-related, you can get it all from us!
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