Outsourced REO Solutions
Providing custom solutions using TREO's qualified professionals who are dedicated to paying attention to detail during the entire life-cycle of asset management and disposal.
Asset Management
- Pre/Post Foreclosure Processing
- Determining Occupancy Status to make a recommendation for either an Unlawful Detainer action to be commenced or continuation of a tenancy relationship
- Determining if a Cash for Keys or similar voluntary vacancy arrangement can be structured
- Monitoring on-going evictions and occupancy status on a weekly basis
- Securing Properties
- Loss Mitigation
- Initiating property preservations, remediation & maintenance services
- Initiating utilities, gardening and pool maintenance
- Determining if properties are located in homeowner's associations & obtaining status of dues & assessments
- Obtaining updated title reports
- Providing an internet-based managemen t reporting system to allow Investors/Receivers to instantly view real-time information & photos of their Assets
- Providing constant communication with the Investors/Receivers regarding property and occupancy status
- Determining the risk-cost benefit for filling vacancies with qualified new tenants and maintaining property management services
Marketing
- Conducting Property Valuations including Broker Price Opinions (BPO), appraisals and contractor bids for possible capital improvements.
- Maintaining a nationwide network of qualified real estate agents, contractors, attorneys, escrow and title agencies
- Providing detailed monthly reporting during the marketing stage
- Providing offer summaries and negotiations for consideration of acceptance
- Initiating escrow and title services for a timely property settlement
- Preparing client-specific marketing strategies for list price determination and adjustments.
- Providing closing coordination and follow-up on all sales proceeds & collection of outstanding bills
Relocation Solutions.
Providing corporate clients and their employees with comprehensive relocation solutions to organize and simplify company and employee moves