REO PROPERTIES

We have personally marketed and sold several bank owned properties for over ten years and have formed an Asset Management Department with a team of agents that are ready, willing and able to market REO properties.

With demanding performance standards and experienced agents, Concept 100 Realty, Inc. will meet or exceed expectations regarding required timelines and return hurdles on the sales of residential and small commercial assets.

We micro-manage REO assets, viewing each one as an individual investment. The experience of our staff and the flexibility of our company allows us to view the management of the rehabilitation, marketing and maintenance in such a way that we will obtain maximum return on the investment.

SHORT SALES

What is a short sale? A short sale is a legally-binding agreement to allow a home to be sold for less than the amount that is owed. While short sales are not by any means common or easy, because of increasing inventory levels and foreclosures in some parts of the country, lenders are much more eager to negotiate with borrowers who are having difficulty paying their mortgages. For potential buyers and investors, a short sale may offer a great opportunity to purchase property at a significant discount. This can be a very time consuming process. Don’t expect a lot of help from the lender without first providing a sales contract from a qualified buyer and all the information required by the lender’s loss mitigation department. This may be a last resort for many homeowners facing foreclosure. At Concept 100 Realty, Inc., we don’t pretend to know the system or try to muddle through. Instead, we work with professional mitigation companies on your side to provide the best opportunity for a successful transaction. A loan modification may be an alternative. Contact our office for a Loan Modification Guideline.