Our Services

REO Asset Management Services

Bankers Asset Management works closely with real estate agents, attorneys, appraisers, title companies, HOAs, and vendors to ensure all aspects of the REO asset management process are completed in a timely and efficien manner.

property preservation

Nationwide Specialists

Nationwide Coverage

REO Asset Management

property preservation

REO Marketing

REO Outsourcing

REO Outsourcing

BPO Orders

BPO Orders

property preservation

Appraisals

REO Asset Management Process

Real Estate Property Evaluation & Setup

  • Assign qualified, established REO agent to property
  • Secure, inspect, and winterize property
  • Determine occupancy
  • Offer Cash for Keys if occupied (CFK)
  • Initiate and manage eviction process
  • Evaluate property condition
  • Order title report
  • Perform title curative work
  • Provide detailed marketing plan with photos
  • Obtain bids for trash-out, maintenance, and rehab
  • Evaluate environmental, safety, and compliance issues

Property Management

  • Assign qualified, established REO agent to property
  • Secure, inspect, and winterize property
  • Determine occupancy
  • Offer Cash for Keys if occupied (CFK)
  • Initiate and manage eviction process
  • Evaluate property condition
  • Order title report
  • Perform title curative work
  • Provide detailed marketing plan with photos
  • Obtain bids for trash-out, maintenance, and rehab
  • Evaluate environmental, safety, and compliance issues

Marketing

  • Order and oversee rehab and maintenance
  • Weekly occupancy status report
  • Monthly inspection reports
  • Tracking and timely payment of property expenses such as HOA, etc.

Contract Negotiation & Closing

  • Negotiate offers within predetermined authority levels
  • Manage closing process
  • Receive billings
  • Ensure timely receipt of sale proceeds
  • Create final invoicing to client
  • Provide detailed net sheet with all offers

Reporting

  • Provide monthly status reports on all properties
  • Provide monthly summary reports on sold properties
  • Provide monthly expenditure reporting

Testimonials

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Contact Information