The First Freedom Difference
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...
How to Identify Quality Craftsmen for Your Renovations
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...
5 Inside Repairs or Renovations Necessary for Sale
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...
What to Look for in a Property Preservation and Restoration Expert
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,...
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