3 Important REO Services
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...
Becoming an REO Property Preservation Vendor
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...
Typical Agent and Broker REO Responsibilities
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...
3 Tips for Making Your Clients Happy
Property preservation contractors have a number of responsibilities to handle, including maintaining a piece of property so that it’s ready to sell. However, the number one responsibility of any contractor is keeping clients happy, which can sometimes feel like an...
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