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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...
Getting an REO property sold can be a challenge. The goal is to get it off the books of the lender that owns it quickly, as no bank wants to be in the business of property ownership or management. Unfortunately, many of these homes were foreclosure properties, which...
Building codes can seem onerous when all you want to do is get your Baltimore, Philadelphia or Washington, D.C., REO property off the market and into the hands of a buyer. However, it’s vital that you understand and respect these requirements, as they are a legal...
For most lenders who come into possession of real-estate-owned properties, their first and immediate goal is almost always to sell said properties fast. If you’re one of these property owners, obviously you want to get as much for the property as possible, while also...
When a bank ends up with an REO property on the books, their first concern is almost always to get it turned around and sold. Most banks and lenders are more than willing to work with property owners to avoid foreclosure and ownership of a property. This is because...
No bank or lender wants to end up owning a foreclosure property. Such properties require constant upkeep and most of them require a great deal of work to get them on the market and sold at a good price. Lenders are in the business of making money off of mortgage...
REO preservation companies have over the past decade become a vital part of the real estate industry. Beginning with the housing market crash of 2008, far too many banks became the owners of REO and foreclosure properties, and found themselves in the unexpected...
Choosing the right restoration and preservation service for your REO property is an important decision. There are so many things you need to account for in your choice, and you need someone you can trust to take care of the property and be a reliable partner,...
Dealing with REO properties is a hassle and a headache for the lenders who own them. There’s no doubt about that. No lender really wants to be saddled with a property on which they were forced to foreclose. There’s an important relationship between agent and broker in...
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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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