subject: Nla Management Can Help Move Your Reo Properties [print this page] Real Estate Owned homes are properties that have been returned to the bank after failing to sell at auction. NLA Management is a well-respected REO management group that provides property management, marketing, and real estate sales services for real estate brokers all around the country. From start to finish, NLA Managements asset management services extend from pre-foreclosure all the way through closing. Before foreclosure, NLAs REO Management can work with codes on any violations, as well as provide inspections and facilitate evictions.
With an REO outsourcing company like NLA Management, you know you are putting your properties in the hands of a company with years of REO asset management experience. NLA can help negotiate contracts, obtain and review approvals, and sponsor any auctions necessary to try to sell the property. An REO management company can also provide property management, including securing lawn maintenance and pest control services. NLAs REO asset management can winterize your properties, along with handling any safety issues on the property prior to real estate agents showing it.
The decision to contract with an REO outsourcing company is often made based on marketing services. NLA utilizes cutting-edge technology for its REO marketing services, marketing your REO properties through MLS and web exposure, as well as providing an electronic bidding portal. NLAs REO marketing will also analyze the market to ensure your property is priced within market demands. If prices change, our REO management company will let you know, allowing you to adjust your own asking prices accordingly.
NLA Management knows foreclosures can involve paperwork. Included among our REO asset management services are title review. NLA Management will request your title paperwork, if necessary, and review it for any errors, making suggestions on changes that need to be made. We will also review any Deed in Lieu of Foreclosure paperwork that pertains to your properties. Our REO asset management services extend to mobile homes, as well.
At closing, NLAs REO management company will be by your side as well, reviewing all documents and paperwork and negotiating with the buyer on any necessary extensions. Once closing is complete, our REO asset management company will provide the lending institution a full report to close-out the project.
