REO Disposition

REO Asset Disposition Services
The Saunders & Associates Group is responsible for the marketing and disposition of client specific real estate owned assets. If you are interested in finding out more about our REO Asset Management services, please fill out the information request form at the bottom of this page. Outsourcing your REO asset management needs: With our REO Asset Management Division, you'll be pleased to discover how seamlessly our disposition process runs. We manage the entire process from start to finish getting the property ready to sell, marketing it effectively, then negotiating and closing the sale. We provide clients with consistent reporting as well as notifications of any asset changes. You'll love our attention to detail in all phases of REO asset management. Send us a few and see how we do.
Services Offered:
Comprehensive management and marketing to expeditiously move non-performing assets through the market Property Valuation by seasoned Real Estate Professionals Complete control of properties from assignment to closing Establishment of initial list price and ensure compliance with market strategy as per the client matrix Strong negotiations on behalf of (and when necessary in concert with) our clients to ensure the very best terms Aggressive timelines on all aspects of the REO process Reports custom designed to meet your specific requirements and keep you appraised of current progress Detailed expense accounting MLS data searches Contract negotiation Closing coordination
We at Saunders & Associates Group understand what it takes to be a premier asset management company. We put our clients first with the understanding that each has a different set of needs; and understand that our clients want their inventory liquidated quickly, efficiently and at the best terms. Basic Management Overview: We Ensure all assets are ready for marketing and manage transaction follow-up as needed. Manage and develop initial marketing strategy using all available data and as per the client matrix. Approve and coordinate bids on recommended repairs & improvements. Establish initial list price and ensure compliance with market strategy as per the client matrix. Negotiate all offers on behalf of (and when necessary, in concert with) each individual client Monitor the terms of approved contracts and facilitate timely closings Review and revise market strategies as needed per client. We Ensure all assets are ready for marketing and manage transaction follow-up as needed. We Ensure all assets are ready for marketing and manage transaction follow-up as needed. Your REO Asset Management Process Services: Once you have added your property to our inventory for management... Services Upon Contract: 1. System Setup, Create Marketing & Closing File 2. Order Reports & Obtain Marketing Data 3. Broker Price Opinion (when required) 4. Set List Price & Sales Price (Obtain Approvals Where Required) 5. Occupancy Status/Check A. Occupied Property: 1. Push Cash-for- Keys 2. Set-Up Eviction with Attorney, Monitor Process B. Vacant Properties: (or once property is vacant) Proceed 6. Lock Change / lock box installed 7. Trash Out 8. Complete Property Marketing Strategy 9. List property 10. Launch Marketing Programs 11. Initiate Sales Process & Notify Client (Status Report) 12. Negotiate Offers (Obtain Approvals Where Required) 13. Set-Up Closing with Closing Agent 14. Constant Follow-Up 15. Close the Deal - Property Sells 16. Deliver Funds to Client 17. Receive Final Billings from Vendors 18. Create Final Invoice for Client Services Insurance Coverage Errors & Omissions Liability (Professional Liability) $1,000,000. Occurrence Limit $1,000,000. Aggregate Limit Please fill out the form below to find out more about our services.