Managing Your REO's

HOW DO WE MANAGE AND SELL YOUR ASSETS ?

COUNTIES SERVICED:

EL DORADO, PLACER, SACRAMENTO, YOLO, SOLANO, YUBA,

We have taken great strides in instituting systems and services, hiring a staff of professionals, and creating a work ethic which helps us handle what's required to get the asset prepared for listing, managing it during the listing period, advertising, marketing and selling it, all within a time frame that helps to mitigate our client's losses.

Our Services Include:

Confirmation of assignment and property status within 24 hours

Eviction Coordination

Provision of HOA information within 48 hours

Provision of licensed and insured contractors

Supply repair bids / Summary of repair bids within 48 hours

Utility and Maintenance Services arranged within 24 hours

Broker Market Survey / Broker Price Opinions (BPO) within 24 hours

Provision of uploaded digital Photo Addendums (interior/exterior)

Provision of Damage Checklist

Emergency Repairs and itmeized billing for each property.

Placement of all listings on MLS, Brokerage website, which is picked up by approximately 15 other websites, agent website, and in area publicatons.

Weekly property monitoring of security and maintenance.

Constant communication with asset managers when issues arise.

Closing Services:

Contract negotiations

Presentation of all offers submitted.

Provision of explanation for Foreclosure / REO process.

Coordination of contracts / addendums and disclosures

Coordination of inspections, reports and escrow information.

Monitoring of contingencies

Notification of on time closing

Review of HUD / Settlement Statement for accruacy.

Expense reconcillation

Digital Library of all Transactions

REO Stats from 3-1-07 - 7-31-08

Average Days on Market.................... .45

Average Days Pending..........................37

Average Days in inventory.....................79

Gross Sale Price to list price ratio..........98.3%

Gross Sale Price to BPO ratio...............96.5%

ZIP CODES: