contact us for your
REO and or BPO needs
Step 1: Property Evaluation and Setup
Complete and Upload (online) requested
BPO to recommend market value within a 48 HR turn around
Secure, inspect and winterize proper
- Evaluate property condition
- Provide detailed market analysis with photos.
- Obtain bids for property clean-out, repair and maintenance
- Evaluate environmental and compliance issues
Step 2: Marketing
- Establish marketing strategy with financial projections
- Provide qualified, experienced REO broker
- Establish tracking/monitoring system
- Review strategy and pricing every 30 days
Step 3: Reporting
- Provide monthly status reports on all properties
- Provide monthly and year-end summary reports on sold properties
- Monthly expenditure reporting
- Retain records for five years
Step 4: Asset Management
- Collaborate with third party vendors to expedite repairs and maintenance
- Monthly inspection reports
- Select on-site property manager when applicable
- Timely Payment of property expenses (optional)
Step 5: Negotiation and Closing
- Counter, reject or accept, negotiate sales price offers within approved limits
- Provide detailed net sheet with all offers
- Coordinate closing process
- Ensure timely receipt of sale proceeds
- Ensure finalization of all services
- Submit detailed closed file
.
WHY ATL for your REO Requirements?
ATL handles all aspects of the foreclosure process, from the initial legal
action through redemption and through the sale of the property - We handle evictions
- We contract the repair and maintenance
- We list the property
- We handle the closing
- We deliver your check
ATL works closely with real estate agents,
attorney's, appraisers, title companies, and contractors
to ensure all aspects of the foreclosure process
is completed quickly and efficiently
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Default Services We Offer ? Property Inspection
Property status updates
Property Turn key for Immediate Marketing and Dispossion
Negotiation and Closing
Real-time web site- Market Analysis,