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REO

REO Asset Management, Preservation and Rental Income Management


Welcome to the Corporate REO Team of Prudential California Realty!

 
Prudential California Realty is one of California's full service real estate brokerage company. Prudential California Realty has been assisting customers with their real estate needs since 1887, using personalized traditions of service and building global connections

The Corporate REO Team is a leader in the industry and utilizes the national strength and full resources, stability and integrity of Prudential California Realty Residential and Commercial Real Estate. As a full service asset management company, we manage and market foreclosed properties on behalf of banks and mortgage companies throughout the country, including property eviction, property preservation and closing management services. Your properties will be handled with efficiency and expertise by our highly qualified employee team of professionals. Based in Northern California, we represent many of the largest lending institutions in the United States in the management and marketing of their assets.
Our Commitment to Your Business
The Corporate REO Division of Prudential California Realty is committed to providing you with the most rewarding service possible in managing and marketing your properties. Because our only focus is REO, you can count on our expert management of your asset, from initial assignment through closing, with a time sensitive manner of professionalism. Our traditions of customer satisfaction, results oriented success and expertise will earn your confidence and business.

Prudential California Realty’s REO program for the disposition of troubled Residential or Commercial assets will significantly reduce your costs and staff time in managing the foreclosure process from day one through out most of NORTHERN CALIFORNIA and NORTHERN NEVADA.

BROKER MARKET ANALYSIS
We provide a comprehensive market analysis of your property on any form you request.

TRAINED, EXPERIENCED REO AGENTS
The majority of our trained REO (real estate owned) TEAM OF REAL ESTATE PROFESSIONALS are exclusively involved in foreclosure work and have established investor contacts.

AGGRESSIVE MARKETING PLANS
We can provide creative solutions for difficult-to-sell properties.

Monitor market conditions/demand
  1. Provide pricing feedback
  2. MLS system listings
  3. Buyer oriented property signs
  4. Broker-to-Broker marketing
  5. Provide web exposure
  6. Local marketing
  7. National & international exposure
  8. Automatic showings feedback
  9. Lead capture systems
  10. Buyer profile system
  11. Investor database

PRESERVATION OF ASSET and COMPREHENSIVE ESTIMATES
We can provide licensed and insured contractors as requested by the client. We offer quick turn around to keep
Property Management
Full service Residential and Commercial property management of the rental and or investment, through Professional Property Management, if the Bank desires to keep the property rented with a paying residential and or commercial tenant. We have found that many properties do have good paying tenants that do not need to be displaced. We are hear to handle full service rent collection and on going management of the rental through the sale, to help lower the holding costs of the asset.
  1. Occupancy status reports (24 hours)
  2. Cash for keys negotiations
  3. Changing locks
  4. Securing & boarding
  5. Debris removal
  6. Initial sales clean
  7. Health & safety hazard control
  8. Lawn maintenance
  9. Pool maintenance
  10. Winterization
  11. Management of utilities
  12. Pest control services
  13. Restore asset to marketing condition
  14. Handle code violations
  15. Continuous preservation services

CONTRACT PRESENTATION and OFFER
All offers are presented to, and negotiated with, the client by your designated Resale Coordinator.

OFFER MANAGEMENT and CLOSING
Your Resale Coordinator monitors the contract from ratification to settlement and, along with the designated listing agent, works with the escrow company, close coordinator, lender and asset manager to ensure a successful close.

We Streamline the Process of
Managing Foreclosure Properties with ONE STOP SHOPPING!

We offer a number of services for managing foreclosures, including an assigned Resale Coordinator who helps minimize your staff time and costs. Please complete the form below and a specialist will contact you.

We honor your privacy and will never sell your information or use it outside our Family of Companies.

Clink Link below for Reo Rental Services:

REO Service Area Map

Commercial Property Management

Contact Us at:

Phone (510) 243-3700
Email   rsmith@pcarweb.com