Asset Management
Real Estate Owned Services
We understand that banks are not in the business of holding on to Real Estate. The Wright Team firmly believes that there is no such thing as a bad REO, nor is there an unmarketable property. We present our clients with an accurate estimate of value and calculate the cost of repair to ensure the shortest amount of time on the market. We provide an accurate pricing system by using these factors: comparing 30 day as-is value vs. retail value, consideration of rehab costs, neighborhood value, and percentage of homes that are bank owned. We have been successful with hundreds of short sales over the past several years, benefiting banks by saving them money in legal fees, foreclosure costs, delinquent RE taxes and most importantly--time.
Below is a list of services we provide:
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Pre-Foreclosure Drive-by BPO
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Interior / Exterior BPO and Evaluation
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Verification of Occupancy Status
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Eviction Processing
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Complete Market Analysis
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Comprehensive Documentation Services
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Securing of Vacant Properties (re-keying, signs, utilities, hazardous conditions)
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Property Winterization
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Property Clean Up (interior, exterior, and ongoing)
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Monthly Reports
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Property Marketing
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Offer Receipt and Presentation
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Closing Services
We are able to complete any BPO interior/exterior within 48 hours of receiving notification. Our staff has been trained in all areas of market value and how to establish the highest level of return on each asset.
