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ALL STAR REO
Vito Scarnecchia and his REO Team can manage the REO process of your default properties from Cash For keys or Eviction through liquidation, or at any point in between. REO All Stars Team offers a complete one-stop solution to your REO needs. Our staff consists of licensed Real Estate Agents who can navigate your property through initial occupancy, marketing, contract negotiation, to final sale disposition. REO All Stars Team understands that time is money and will engage the best course of action on a property-by-property basis to achieve the maximum proceeds to value while mitigating the possibility of extended days on the market.
THE REO COMPANY FOR YOU! REO agents with extensive background experience in valuation, management and disposition of REO properties. Fast, accurate and reliable BPO’s. Aggressive marketing with the highest level of service. Hardworking, dedicated, 24 by 7 work schedule. 24 hour turnaround TOP 1% NATIONALLY.
Vito and his team are well experienced in Real Estate sales and service. He chooses to work with ALL STAR REO as an Associate Broker. Call Vito for fast, friendly, courteous service. He looks forward to working with you!
Maintaining the sellers property is my priority. We pride ourselves in completing all monthly task in allotted time or quicker to provide the seller with updates as needed to assure to sell the property quickly and at the highest values possible. Our sellers are number ONE and we truly thank them for all their business. I have worked for many of the REO Companies and can provide references if needed. We have 3 full time agents, 2 part time agents, and a full time admin for all invoicing needs. I have experience in all aspects of the REO market including rekey, short sales, cash for keys, bpo’s, trash out crews, repair and lawn crews. We are ready to help you with all your Real Estate Needs.
Real Estate Property Evaluation and Setup
- Assign qualified, established REO agent to property
- Secure, inspect and winterize property
- Determine Occupancy
- Offer Cash for Keys (CFK) (if occupied)
- Initiate and manage eviction process
- Evaluate property condition
- Order title report
- Perform title curative work
- Provide detailed marketing plan with photos
- Order appraisal or 2nd BPO
- Obtain bids for trash-out, maintenance and rehab
- Evaluate environmental, safety and compliance issues
Marketing
- Develop property marketing strategy
- Establish list/sale price according to predetermined limits
- Establish tracking/monitoring system
- Provide monthly marketing report
- Evaluate strategy and pricing every 30 days
Property Management
- Order and oversee rehab and maintenance
- Weekly occupancy status report
- Monthly inspection reports
- Tracking and timely payment of property expenses such as HOA, etc.
Contract Negotiation and Closing
- Negotiate offers within predetermined authority levels
- Provide detailed net sheet with all offers
- Manage closing process
- Ensure timely receipt of sale proceeds
- Receive billings
- Create final invoicing to client
Reporting
- Provide monthly status reports on all properties
- Provide monthly summary reports on sold properties
- Provide monthly expenditure reporting
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