What is a Foreclosure/REO home?
Foreclosure is a specific legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payment to the lender by forcing the sale of the home. Coldwell Banker United, Realtors® has the experience and expertise to help you with all aspects of this process. To see a summary and property details on our foreclosure listings, click here. Our pledge to you is simple. To get you the highest possible fair market price for your foreclosure property in the shortest possible selling time with the least inconvenience to you. If you have a foreclosed or (REO) property that has to move, contact us so we can show you how we can help with these services.
- Market Evaluations
- Property Preservation including recommendations and supervision for improvements or repairs to make the property more sellable.
- Vendor Management which includes obtaining bids from bonded vendors, monitoring repairs, and overseeing inspections.
- Marketing and Communications – including maximum property exposure through regional and national REO Web sites, print advertising and in-house promotions.
- Contract Representation – Contractual negotiations, cash-for-keys, and anything else directed by your legal representative.
- Accounting and Invoicing – Timely reimbursement submission and detailed accounting.
What Is a Corporate Home?
When a corporation transfers an employee to another city or state, the corporation sometimes will buy the home from the transferee. The company will list the home with an approved real estate broker. At Coldwell Banker United, Realtors®, a staff of dedicated corporate specialists manage these propertieswith the following services:
- Corporate Discounts
- Supervision of Process
- One Stop Coordination
- Updates and Reporting
- Pre-move Counseling Reduces claims/sets expectations
Why Buy a Corporate Home?
- The home is priced to sell. The corporation does not want to tie up its capital with a vacant home. •Corporate homes are clean and ready for occupancy.
- Because the home is vacant the corporation can close quickly.
- Many times the home has already been inspected.
- Most of the homes carry a home warranty that transfer s to the new buyer.