What We Do
We are a full-service liquidation company that monitors the entire foreclosure processes, from the initial legal action through the sale of the property. We handle
evictions, if necessary, contract the repair and maintenance, list the property, handle the closing, and deliver your check. Throughout the process, you save time and money.
How We Do It
Our approach offers you a number of unique advantages. Our full range of services are designed to reduce your cost and save you time throughout the disposition process from foreclosure through
redemption and final sales, as well as the management of potential REO. Here is what sets Corporate Asset Management apart:
- Information System
Our customized reporting system and database
provides detailed REO statistics and information. And our "Potential REO" report will follow all new foreclosures and will track sale dates and redemptions. With our regular reporting system
you can track all foreclosures and monitor accounts that have cured or paid off prior to completion of foreclosure.
- Complete Property Security
Vacant properties are secured immediately and
monitored throughout the foreclosure process to help prevent vandalism. We change locks and place warning signs in visible street windows with a 24-hour hotline number posted for immediate contact.
We assist the sheriff and attorney when evictions are necessary.
We contract all maintenance and repair to an
insured contractor and monitor all work to ensure its completion and quality. We contract winterization/de-winterization of properties, snow removal, yard maintenance, trash-out, lock-change, rehab,
We work closely with your law firm or with
established law firms nationwide that specialize in real estate law and foreclosures. We carefully monitor all legal aspects of the foreclosure process through the final sale.
- Timely Information
We provide detailed monthly inspections and status
reports. Our monthly reports include such information as the condition of the property, number of showings, a summary of offers to date, and Agents’ recommendations.
- Representation of Your Interests
We provide active assistance and representation at
all title company closings. Once the property has closed, we provide you a complete, detailed "Sold" file for your records and retain copies of your REO properties for a period of five