REO

REO Services

LOS ANGLES, ORANGE, SAN BERNADINO VENTURA AND RIVERSIDE COUNTIES

Modern Realty aims to maximize recovery for its lenders by selling properties at top dollar. Our high-volume transactions have improved our efficiency rate, ensuring our bank clients a 50% higher closing rate as compared to any other Loss Mitigation Services provider in Southern California.

Our expert eviction & tenant relations team makes loss mitigation effortless for banks to process. We translate legal issues into actionable strategies, streamline the complex eviction, tenant coordination, city compliance and administrative tasks associated with each unique situation.

LOSS MITIGATION | Property Owners

PRE-FORECLOSURE ACTIVITIES

Broker Price Opinions – Exterior and Interior
Property condition inspections
Pre-foreclosure Interviews
Pre-foreclosure sale workouts
Preservation and Securing
Management of city & other municipalities’ expectations and concerns

OCCUPANCY STATUS REPORT/INTERVIEW

Determine if occupants plan to vacate and by which date
Provide Client with correct names of all occupants and their living arrangements
Manage tenant relations

DISPOSITION SERVICES

Analyze and determine ideal exit strategies
Guide clients through the property disposition process

Our excellent track record of 30 years, and our #1 Sales Record in Southern California for 2009 together reflect our consistent, successful results. We look forward to working with you to realize the potential value of your REO assets – please Contact Our Team.