Asset Management Workout

Finance One Asset Management has been providing real estate owned (REO) services since 1999. Our experienced asset managment team assume responsibility for your property from the day it reaches our inventory until closing. We’ve developed an extensive and diverse nationwide network of foreclosure professionals, including brokers, appraisers, field service vendors and attorneys to provide just about every possible service your REO properties might require.

Whether you require our full-service REO plan or simply one or more individual services, we can meet your needs. See below for more detailed information about our services.

REO SERVICES
	BPO Service
	• Appraisal Service
	• Pre-Foreclosure Services
	• Property Preservation Service
	• Held Property Management Service
	• Preliminary Title Service
	• Marketing Service
	• Settlement Services
	• Weekly Inspections
	• Monthly Status Reports
	• Monthly Client Reports
	• On-line Reporting
	• Billing Services
VALUATIONS
	BPO
	• Pre-Foreclosure Evaluation
	• Property Inspections
	• Drive-by or Full BPO (w/pictures)
	• Customized BPO Forms
	• Client BPO Tracking Reports
	APPRAISAL
	• Drive-by or Full Appraisal
	• Commercial/Residential
	• Business Evaluation
	• Field Reviews
	• Historical Appraisals
PRE-FORECLOSURE
	• Complete coordination of foreclosure process
	• Coordination with Foreclosure Attorney
	• Drive-by BPO
	• Drive-by Appraisal
	• Tax Payment Resolution
	• Property Preservation
	• Timely foreclosure problem resolution
	• Conflict Resolution
PROPERTY PRESERVATION
	• Monitoring, Management and Conflict Resolution of the following:
		- Securing and Rekeying
		- Board Ups
		- Winterizing
		- Debris Removal
		- Lawn Care/Snow Removal
		- Mold Remediation
		- Renovations/Rehabs
		- Pool Maintenance
		- Code Violations
		- Demolitions
		- Tax Payments
SETTLEMENT
	• Contract Review
	• Coordinate settlement deadlines
	• Reporting of:
		- Loan Commitment Verification
		- Closing Date Verification
	• Problem Reporting/Solving
	• Full Title Service (including Remediation)
	• Act as Power of Attorney
	• Obtain Buyer Loan Commitment (letter)
	• Settlement Document Reviewed
	• Troubleshoot un-forseen delays
	• Track Monetary Disbursements
	• Ongoing Contact Coordination
PRELIMINARY TITLE
	• Preliminary Title
	• Title Remediation
	• Title Review
HELD PROPERTY MANAGEMENT
	• Monitoring and reporting of held properties
		- Evictions
		- Redemptions
		- Ratifications
		- Confirmations
		- Mold Issues
		- Tax Liens
		- Bankruptcy
	• Weekly property inspections and reports
	• Conflict Resolution
	• Cash for Keys/Eviction Coordination

Call us, our full-service REO plan or simply one or more individual services, we can meet your needs.  Contact Mark Gorjestani @ 310-663-6275 or info@finance1online.com.