ATL Real Estate Group

"LAINS of opportunity "
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contact us for your

                                                                                                              REO and or BPO needs

Disposition Process

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 property
  • 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: Property 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

 

 

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WHY ATL for your REO Requirements?
 
       If you are a bank, lending institution, investment banker or mortgage company,
ATL can save you time and money with your foreclosures.

 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


 

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,
  • 24 HR turn around on BPO Report
    •