REO Compliance is an independent, on-site assessment of an REO property to determine the overall condition and marketability. This service can be completed weekly, biweekly or on a monthly basis from the time of asset acquisition until the property is sold. It provides information about each property’s overall interior and exterior condition, noting such things as damages, violations and the presence of hazardous conditions. REO Compliance may also be used to assess the initial and ongoing maintenance of the property, including if debris is present and if the lawn is being maintained. In addition, the pre-marketing services performed by the listing agent are assessed, including the placement of signage and marketing materials, accessibility to the property and the overall marketability of each property. Once listed by the listing agent we will verify the MLS, call the agents office for property information and client specifications. We will also search and note on going online marketing.
The service ultimately ensures clients that each property is being kept secure, well maintained and readily marketable to show prospective buyers.