 |
| REOs |
 |
| Most of the news lately
about real estate has been dismal: Home prices are swooning,
foreclosures ballooning. There is, however, one bright
spot: the rental market, where demand is up and rents
are rising. That's partly because those foreclosures
have turned more than 4 million former homeowners into
renters, but also because many other prospective homeowners,
worried about losing their jobs or housing prices falling
a lot further still, are reluctant to buy now. (i)
We offer a wide range of options for REO
properties. |
| |
| Converting
REOs into Rental Properties |
|
| The Government and
Banks are actively seeking solutions to the foreclosure
glut including transitioning REO properties to rental
use; especially where markets have both a strong demand
for rental units and a substantial volume of REO. Many
Banks, including Fannie Mae, are now requiring Real
Estate companies to have rental or property management
services in order to service their REO listings. |
| |
| REO
and Asset
Management |
|
| Our REO management
program is designed to satisfy the needs of our broad
range of clients, focusing on management and maintenance
of REO properties, private homes, small apartment buildings,
office buildings and commercial properties. Whether
you are a lending institution, an REO agent or a foreclosure
attorney we are a single point service provider with
the capacity and expertise to manage your properties
on a temporary basis or long term. |
| |
| Selling
REOs Quicker |
|
| Provide packaged solutions
that facilitate the sale of an REO by incorporating
rental options including property management, finding
tenants, lease option programs, etc. Make REOs more
desirable to investors by leveraging our ability to
quickly rent the property for top dollar and increase
its market value. In addition, if the lender has to
hold on to the REO for a period of time we can offer
our property management services and still help facilitate
an eventual sale. |
| |
| |
| (i) cnnmoney.com |
| |
|
|
