Disposition Process

Step 1: Property Evaluation and Setup

• Inspect and secure property
• Evaluate property condition
• Initiate independent market analysis
• Obtain bids for repair and maintenance

Step 2: Marketing

• Establish marketing strategy with financial projections
• Select listing broker
• Establish tracking/monitoring system
• Review strategy and pricing every 30 days

Step 3: Reporting

• Provide you with monthly reports on both a summary and individual property basis regarding inventory flow, unsold inventory, properties under contract, sales, and property expenses
• Provide year-end summary reports
• Retain records for five years

Step 4: Property Management

• Supervise repairs and maintenance
• Monthly inspection reports
• Select property manager when applicable
• Address environmental and compliance issues
• Payment of property utilities (optional)

Step 5: Negotiation and Closing

• Counter, reject or accept offers within approved limits
• Provide detailed net sheet with all offers
• Coordinate closing process
• Remit sales proceeds
• Ensure that utilities and all transfers have occurred
• Submit detailed closed file

Vendor Training

All of our vendors have completed a rigorous training program focused on proper BPO analysis and valuation. These specialist are experts in Distressed Market analysis and are "REO Valuation Certified"(REOVC)