Mar
18
18
Asset Management
Posted under Real Estate And Your Future by Steven Barchetti
Official Property Solutions LLC. is a full-service Brokerage.We have developed a vast network of appraisers, inspectors, contractors, lawyers, and title/escrow services allowing cost effective out-sourcing for today’s overworked loss mitigation departments.
Our partners have been screened for the following criteria: accuracy, integrity, fees, quality of work, responsiveness, and accountability.
Official Property Solutions will handle all aspects of the foreclosure process, from the initial legal action through redemption and sale of the property. A quick overview of our services includes:
- Comprehensive BPO and Valuations
- Complete Market Analysis
- Comprehensive Documentation Services
- Cash-For-Keys and Eviction Assistance
- Verify Occupancy Status
- Secure Vacant Properties (re-keying, sign posting, title work, contact utilities, clean up bids)
- Property Clean-up and Maintenance (interior, exterior, ongoing)
- Regular Weekly/Monthly Reports (you dictate the frequency of reporting)
- Marketing the Property
(signage, MLS, various foreclosure online databases, and various other internet sites, fliers, etc.)
- Presentations of all offers to purchase the property and counter-offers
- Follow-up with all parties to ensure a smooth, timely transaction
- Coordination of Settlement
Step One: 
Secure, inspect and prepare property
Evaluate property condition
Provide detailed market analysis with photos
property clean-out, repair and maintenance
Evaluate environmental and compliance issues
Secure, inspect and prepare property
Evaluate property condition
Provide detailed market analysis with photos
property clean-out, repair and maintenance
Evaluate environmental and compliance issues
Step Two:
Establish marketing strategy with financial projections
Establish tracking/monitoring system
Review strategy and pricing every 30 days
Establish tracking/monitoring system
Review strategy and pricing every 30 days
Step Three:
Provide monthly status reports on all properties
Provide monthly and year-end summary reports on sold properties
Monthly expenditure reporting
Retain records for five years
Provide monthly and year-end summary reports on sold properties
Monthly expenditure reporting
Retain records for five years
Step Four:
Supervise repairs and maintenance
Monthly inspection reports
Select on-site property manager when applicable
Monthly inspection reports
Select on-site property manager when applicable
Timely Payment of property expenses (optional)
Step Five:
Counter, reject or accept offers within approved limits
Provide detailed net sheet with all offers
Coordinate closing process
Ensure timely receipt of sale proceeds
Ensure finalization of all services
Submit detailed closed file
Provide detailed net sheet with all offers
Coordinate closing process
Ensure timely receipt of sale proceeds
Ensure finalization of all services
Submit detailed closed file
Zip Codes Currently Serving: 92019,92037,92108,92109,92110,92111,92113,92114,92115,92116,92117,92118,92119,92120,92123,92124,
92154,92155,92020,92021,92071,92101,92102,92103,92104,92105,92106,92107,92140,92133,92134,92135,
92136,92139,92155,92118,92173,91902,91977,91978,91932,91935,91941,91945,91910,91911,91913,91914,91915