REO / MORTGAGE LIQUIDATION
BROKERAGE SERVICES
Our real estate professionals provide property owners and investors with sales, leasing, marketing and services regardless of the asset type be it land, retail, office, industrial, multifamily, or residential. As is often the case for an REO or receiver controlled asset, the best strategy is often to first stabilize and then sell the asset. We help achieve this by having our asset management professionals create a plan to lease the property, complete deferred maintenance, and position the property for sale. We attain maximum value for a property by positioning and targeting it to the most qualified domestic and international buyers. Our goal is to maximize the asset’s ultimate value, which results in a more marketable property and a higher sales price.
AUCTIONS
The ReUrban Special Asset Group has the ability to completely and seamless implement auctions to liquidate your REO, ORE, Note, or Mortgage assets. Often times for difficult to sell or unusual properties or properties that require rapid/short marketing times we implement the auction type of sale strategy to efficiently dispose of an asset. Additionally, this strategy ensures a commercially viable market rate of return for the assets as the values have an opportunity to be vetted by the marketplace. We have relationships with some of the largest and most sophisticated online auctioneers as well in both the mortgage/note business as well as the REO/ORE business so if it is determined that the auctions audience will be national we are able to employ those tools to help gain a higher subscription rate and better bid responses.
Whether it is a pool of assets or an individual one off type transaction, ReUrban’s auction services will be able to accomplish your goals. Our close rate on auctions is exceptionally high and the product types very diverse from small gas stations in Northern Minnesota to large tracts of development land in Minneapolis to non-performing notes on residential homes. You pretty much name it and we have it covered.
MORTGAGE AND NOTE SALES
The packaging and sale of performing and non-performing loans provides an immediate and discreet way for a Lender to recover loan balances and exit relationships with Borrowers.
ReUrban conducts loan sales with a consistent structure for file presentation, due diligence review, and bid submission. Investor groups are assured of a level playing field and a fair, objective review of their bids for approval. When a loan sale is conducted in a competitive bid venue, the Lender is assured of a commercially reasonable market value sale which will maximize returns.
Through the use of our well-established processes, ReUrban is able to expedite the disposition of assets while reducing resolution costs. Our strategic market penetration and integrated sales and closing programs maximize asset recoveries while serving as an alternative to traditional special asset or workout strategies. These sales have yielded outstanding results.
ReUrban proudly calls its past clients some of the nation’s largest and most established buyers of mortgages and notes as well as some of the region’s most prestigious lenders, government institutions, and non-profits.
Contact Us today for more information on how ReUrban can help create liquidity through a strategic and targeted REO or mortgage/note sale.
