Maximize returns by avoiding an REO altogether.  By combining internal expertise with nationwide strategic partners, REsource works with individual properties and/or borrowers to construct solutions that reduce the loss or maximize the income opportunity for its client partners.  Benefits include:

• Maximize multiple approaches to avoid an REO
• Collect hardship letter and short sale financial package from the borrower
• Negotiate with all lien holders necessary to accomplish a short sale solution
• Employ a single point of contact for buyer and seller agents.  Benefit from having a dedicated team with a systematic approach to administer the clients guidelines
• Implement marketing strategies to maximize exposure, generate the highest resale price, and improve liquidation times
• Pre-qualify bidders via qualified lending programs and confirm the buyer's ability to close
• Increase staffing efficiencies by outsourcing short sale as well as the REO negotiation processes Purchase level analysis
  

Short Sale & Pre-foreclosure Services
REsource Asset Management can provide full-service asset management or a broker referral service using our in-house marketing expertise, web-based auction platform, or our experienced national broker/agent network. We offer 3 steps or approaches to selling your defaulted asset:

1) Sell the non-performing note in its current defaulted status before any more expenses are incurred in foreclosure fees or real estate commissions

2) Immediately retain a qualified agent, list the property with MLS, and place a sign in the yard

3) Auction the note or property prior to the foreclosure sale to get your best wholesale price still available to avoid a REO

Non-Performing Note Sale
Pre-foreclosure note sale - online auction solution where a lender can offer investors an opportunity to purchase individual, first lien position non-performing residential loans. We work with institutional investors, hedge funds, and private individuals in a competitive bid environment to create an alternative to holding the non-performing asset. This is a 10-15 day process designed to sell the asset, ‘as is’ and as soon as possible.

Full Service Short Sale Asset Management & Disposition
REsource Asset Management offers a single point of contact to provide a comprehensive turnkey solution from assignment to close of escrow. REsource also offers its clients a menu of short sale services including our broker referral service and provides access to our national networks to help you meet your needs.  See Asset Management Services section for more detail.

- Loss Mitigation
- Asset Management
- Mortgage Lending
- Portfolio Management

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