REO TEAM

EXPERIENCE 

Our team's focus is centered around REO listing maintenance and BPO assignments that includes the best possible service.  Our professional designations include; Equator Ceritified Platinum REO, Certified REO Specialist through Harris Universities, REO Best Practices, (CBS) Certified BPO Specialist, and (RSD) REO Specialist Designation.

FINANCIAL RECOURCES 

We have the financial recources to maintain an unlimited quantity of homes, including monthly utilites, maintenance, re-key, and repairs.

PROPERTY MANAGEMENT 

We have the experience to manage and maintain the REO home.  We have a list of vendors, that supply interior and exterior cleaning, that includes landscaping, trash cleanup, and necessary repairs to make the property marketable.

RESPONSE TIME 

We are able to respond within 24-hours, to secure and re-key the premises upon vacancy.

TEAM 

We have a team of Brokers and Realtors in place to maintain the REO listing and can respond immediately.  In addition to our Brokers and Realtors, our team consist of but not limited to maintenance contractors, landscapers, transaction coordinators, lenders, all the resources needed to maintain the REO listing throughout the full process of the listing.

COVERAGE AREA

We are currently located in the heart of the South Bay in Redondo Beach, Ca.  We cover the entire County of Los Angeles.

LIST OF SERVICES PROVIDED

INITIAL STEPS

• Drive-by Inspection of property
• Re-key  and Secure premises
• Inform Lender of Occupancy/Status
• Provide eviction services if needed and collect rents
• Comprehensive BPO including interior and exterior photos
• Arrange for Trash Removal, Yard Cleaning & complete interior cleaning
• Initiate utilities
• Arrange for lawn care and cleaning 
• Suggest appropriate repair or renovation 
• Open bids for repair or renovation 
• Discuss Potential hazards with lender 
• Maintain contact with lender until listed on the market

DURING THE LISTING PROCESS

• Place in one or more MLS immediately 
• Provide written verification of MLS placement 
• Arrange for appropriate signage 
• Schedule aggressive marketing 
• Follow up all showings for buyer feedback 
• Monitor home for security, cleanliness, and lawn care 
• Supervise repairs, advise when completed 
• Complete status reports when needed including schedule of advertising 
• Updated BPO as requested 
• Mail bills to lender for payment or reimbursement 
• Report any vandalism immediately, file police report 
• Handle all emergency repairs or situations 
• Keep lender informed of property status at all times

SALE AND CLOSING

• Advise REO department of all offers 
• Send copy of signed contract to lender 
• Regular monitoring of the loan processing 
• Inform lender of any appraisal requirements 
• Monitor all contingencies in agreement 
• Report any problems immediately 
• Advise REO department when closing is scheduled 
• Send closing statement by overnight mail to lender
• Submit all final bills to lender