Reo Management, Disposition and due diligence services for reo buyers nationwide (available in:
Riverside-SB)
Date: Sep 8, 2007 04:11:18 AM CST
The company has been delivering superior REO performance since 1995. They handle the entire disposition of your assets with services including:
Valuation Services.
• Intelligent AVM reports that are accurate, supported, repeatable and traceable.
• Drive-by and Interior BPOs provided by our national network of 28,000 licensed real estate brokers.
• Drive-by and Interior Fee Appraisals completed by our network of 13,000 licensed appraisers.
• Value Reconciliation for an additional, objective and analytically based price recommendation.
REO Management and Disposition.
• Eviction or Cash for Keys Services, to hasten ownership transfer back to you.
• Broker Retention and Supervision of the most highly qualified and motivated brokers to serve your needs quickly.
• Asset Repair and Maintenance including assessment and contractor management.
• Aggressive Marketing of the Asset through an assigned broker from their national network.
• Title, closing and Fund Transfer Services to ensure recovery of prompt capital return.
Additional Services.
• Bulk Loan Sale Advisory Services for sellers of pools of loans.
• Bulk REO Sale Advisory Services for dispensation of multiple assets.
• Due Diligence for the buyers of pools of loans.
• Property Management System Software, Licensing & Training.
They have the skills, professional personnel and systems in place to handle each phase of the REO process. With handling the process from end-to-end, there is no risk of a property being neglected in the "hand-off" between providers.
From the minute a property is assigned to them, it is entered into their system. It is then tracked through every phase, from pre-foreclosure to closing, and monitored according to established time parameters for each phase.
They have divided the entire REO management and marketing process into statuses and the sub-category steps comprising each status. This result in the identification of each segment required to move an asset quickly and efficiently through the management and marketing process to shorten cycle times. Each step of the process is defined by its function and performance criteria. There is a corresponding step report, which identifies the number of days each asset has been in that step, as well as the information required to efficiently move the property forward to the next step.
The "step reports" were designed to identify time-sensitive "delivery" dates keyed to each segment of the process. These critical deadlines are scrutinized daily to monitor the performance of the broker, the appraiser, the contractor, the attorney, the closing company and their personnel. By actively managing each segment of the process within its own performance criteria, we minimize exceptions and nearly eliminate anything from "falling through the cracks."
If your buyer is interested in this type of service I will need to send them out an NCND agreement to sign and email it back to me. Once that is done I can put you in direct contact with my source to answer any questions you may have about their services. I get paid by the company and not by the buyer. My email is wildcherriesllc@hotmail.com.
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