Full service REO disposition provider. Structured to satisfy each client in their own unique program objectives and preferred method of operations for REO properties.

We understand the pre-foreclosure/foreclosure process.

• Business established in  1981                      
• ISO 9001 certified.                           
• Female-owned, agent-owned business.                           
• 31 full-time agents.                           
• Offices in Brighton, Ann Arbor, Holt (Lansing area), Rosebush, Parma and Lowell                           
• We have an affiliate office, Andover Homes in Andover, MA (Boston area).                           
• Closed over $35 million and 389 REO residential and commercial transactions in 2010.                           
• Closed over $12 million and 114 residential short sales in 2010.                           
• In-house legal counsel.                                               
• Master listing contracts with FDIC/Prescient, Bank of America and Fannie Mae.       
• Short sale negotiators available to all sellers and listing agents.       
• Company Realtor.com enhanced Showcase package for all agents.       
• In-house full-time, onsite technology manager.       
• Showing appointment service available 7 days a weak, including nights.       
• Internet lead generation system.       
• Weekly sales training, daily prospecting training and REO training available to all agents and staff.       
• Speakers brought in-house throughout the year, including California REO expert L.J. Jennings, broker/owner of Pyramid Real Estate & Investments.          
• Provide daily foreclosure updates via listserv to agents and interested buyers in Genesee, Ingham, Jackson, Lenawee, Livingston, Macomb, Monroe, Oakland, Shiawasee, St. Clair, Washtenaw, Wayne and Central Michigan.

SERVICES PROVIDED

• Broker price opinions                          
• Cash for keys                          
• List, market and sell REO properties                          
• Administer utilities, including electric, gas, water, sewer and trash                          
• Homeowner association research and contact                          
• Obtain quotes for repairs to get property in marketable condition                          
• Property maintenance, including:  
  • Trash outs  
  • Lawn care  
  • Snow removal  
  • General repairs  
  • Pest control  
  • Mold remediation  
  • Teardowns  
  • Winterize and de-winterize
• We used over 90 vendors and processed over $200,000 in vendor invoices in 2010.

CLIENTS SERVICED/RELATIONSHIPS - 2010

Altisource, Atlas, Bank of America, Bank of Ann Arbor, CitiMortgage, Citizens Bank, FHLMC, Fidelity, First Place Bank, FNMA, Freddie Mac, GMAC, Greenstone Farm Credit Services, HomeSteps, HSBC, HUD, Indy Mac Bank, Integrated Asset Services, JP Morgan Chase, Keystone Asset Management, Litton Loan, LNV Corp, MCB, Michigan Commerce Bank, Michigan State University Federal Credit Union, Morequity, Inc, National City, Nations ROP, Nationwide REO Brokers, Novastar Mortgage, NRT REO Experts, Ocwen Loan Servicing, Owen, Old Republic, PNC Bank, Portfolio Servicing, Premiere Asset Services, Prescient Asset Management (FDIC), REDC Mgmt, Republic Bank, Rescap, ResNet, Saxon Mortgage Services, Service Link, Skyhill, State Bank, TCF National Bank, Veterans Affairs, Vericrest Financial, Washington Mutual, Wells Fargo, Wilshire Credit Corp., Wolverine Bank

ORGANIZATIONS

• AREAA                        
• Five Star Default Servicing Group                        
• Michigan Association of Realtors                        
• NAHREP                        
• NAREB                        
• National Association of Realtors             

REALTOR DESIGNATIONS AND CONFERENCES 

Agents in our company hold ABR, CBOR, CCIM, CCR, CPIX, CRS, CSP, E-Pro, GRI, LTG and SRES designations.  They have attended the Five Star Default Servicing Conference and Expo, First American Contractor/Broker Conference, Michigan Association of Realtors Conference & Expo, National REO Brokers Association Conference, National Association of Realtors Conference & Expo and REOMAC.  

Underwritten by Greenwich Insurance Company. Current policy effective 12/15/11 to 12/15/12. $1,000,000 each claim and $1,000,000 aggregate, $10,000 deductible.