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REO ASSET MANAGEMENT & DISPOSITION
RESULTS COMMERCIAL specializes in Foreclosure REO (Bank-Owned) sales for lenders & asset managers for retail, office, multihousing, industrial, and land. RESULTS COMMERCIAL understands the challenges of management, valuation and disposition of REO assets (distressed & turn-key) in the Minneapolis / St. Paul metro & out-state Minnesota.
REO asset disposition is a complicated process and RESULTS COMMERCIAL is diligent in our oversight of these assets for our lender clients including:
~ SECURING the asset & continual monitoring ~ TENANT Leasing & Management ~ MUNICIPALITY issues relating to vacancy, condemnation, zoning, & code compliance ~ BPO: Broker Price Opinions for Disposition Valuation ~ REO PROPERTY SERVICES including clean outs, winterization, boarding-up, contractor management, snow & lawn services, weekly inspections, and utilities management ~ DISPOSITION of Assets: Market & Income Valuation, advising on market trends per property category, coordination of insurance adjusters, comprehensive regional & national marketing, and status reports ~ TRANSACTION PROCESSING: Packaging of LOI's & PA's with buyer qualification & fund verification, coordination of seller due diligence fulfillment, earnest escrow and title & closing coordination
RESULTS COMMERCIAL takes pride in handling REO asset disposition for local and national lenders. Banks seeking experienced brokers count on our brokerage for effective disposition while retaining and returning maximum equity.
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