5 Benefits of Working with an REO Services Company
When holding a property, your sights are usually set on a sale – but the road to selling can often pose a number of challenges to navigate. Is the property up to code? Is it a tenant occupied property? Does it have the curb appeal to grab a buyer’s interest? What...
REO Brokers — Stay Productive During End-of-Year Downtime
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...
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...
Why Use REO Eviction Services
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...
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