SUMMARY OF BPO SERVICES - Pre-Foreclosure Drive-By BPO's
- Interior BPO's and Valuations
- Complete Market Analyses
- Eviction Processing
- Comprehensive Documentation Services
- Verify Occupancy Status
- Secure Vacant Properties (re-keying, sign posting, title work, contact utilities, clean up bids)
- Property Clean-up (interior, exterior, ongoing)
- Regular Monthly Reports
- Marketing the Property
- Offer Receipt and Presentation
- Closing
PRE-POSSESSION SERVICES - Drive-by Exterior Price Opinions
- Digital Photographs
- Occupancy Verification
- Loss Mitigation
- Cash-for-keys
- Evictions
POST-POSSESSION SERVICES - Re-key & Winterization
- Lawn Maintenance
- Debris and Trash Removal
- Written Interior and Exterior Repair Estimates
- Before and After digital photographs of repairs
- Utility Turn-on Coordination
BROKERAGE PRICE OPINIONS - Meticulous Broker Price Opinions
- Marketing Brochures
- Full MLS and Internet Participation
- Activity Reports
- Closing Coordination
- Common Interest Association Follow through
SERVICES
- Initial Property Condition Determination if property is occupied or vacant, exercise cash-for-keys policy per lender instruction
- Initial Property Start-Up re-key, turn-on of utilities, initial interior & exterior trash out, initial interior clean, lawn cleanup, Maintenance
- Trained, Experienced REO Agents Professional, specifically trained to expedite the sale of REO properties, efficient completion of paperwork and reports
- Interior/Exterior Broker Price Opinion Comprehensive broker price opinion report with necessary repairs noted, interior and exterior photos (digital), property tax records, comparables
- Repair bids provide required number of bids specified by client, correlation of bids and summary provided to client for easy evaluation
- Maintenance Services Supervision for timely completion of repairs or monthly maintenance needed, inspection of work and approval of invoices
- Monthly Invoice Billing all original invoices and copies of checks for reimbursement, completes final invoicing per client instruction
- Aggressive Marketing Plan Placement of property in MLS, preparation of marketing flyers, several internet listings, interval print advertising in local newspaper, Open House for prospective buyers, signage, flyers delivered to local area Realtors, aggressive internet marketing.
- Sale & Closing Procedures Present and negotiate all offers with client, submit accepted contract with all required addendums, coordination with closing agency for timely HUD-1 approval, final closing
