REO Managers and Asset Managers
Dispose of Non-Producing Assets
Let National REO Auctions dispose of the non-producing assets of your bank by liquidating properties quickly and efficiently. National REO has assembled a team of reliable and knowledgeable licensed professionals - including Appraisers, Construction Contractors, and Real Estate Agents who can take care of your problem properties from the time you place it in our hands to the day of settlement. National REO Auctions will direct and organize all of the necessary post-foreclosure work, as well as making any repairs or maintenance that may be required. We also can expedite the application for necessary construction permits.
We prepare the property for sale, create and run advertising, hold the auction sale, and prepare the necessary sales documents. Upon doing so the property is available for settlement. The only step left is for you to remove the property from your non-producing asset list.
At National REO Auctions we understand the importance to you of keeping costs to a minimum without jeopardizing performance, so we do everything possible to decrease costs. One such method is bundling sales. Not only does this reduce advertising costs but it often increases bidder turnout and excitement that results in better bid prices. With over 30 years of experience we have developed many time-tested means of getting properties off your books in the most expedient and economical way possible.
In addition to our post-foreclosure work we are also available for pre-foreclosure auctions including document recordation, and the examination of files for compliance resulting in alerts to you of any issues that may need attention.
We welcome the opportunity to discuss our services with you directly. Feel free to contact our office at any time.