Key Realty
Buy / Sell / Invest / Avoid Foreclosure

REO Services

The key element to the our REO success is the level of customer service we provide and the demonstrated enthusiasm for the work we do - there is no property too small and there is no limit to the effort we will expend to move a bank asset! Combining local market expertise with state-of-the-art technology while supported by a team determined to get the job done, we provide banks and asset management companies an outsourcing opportunity to sell their foreclosed properties on the retail market. We have a deep-seeded conviction and determination to help asset managers succeed in selling their REO portfolio by being the fastest, most efficient REO service providers in Central Ohio.

Scope of Services

Occupancy - same dayoccupancy checks, weekly reporting
CFK (Cash-for-keys) - aggressive negotiation with occupants in effort to save the Client from having to evict
Eviction - cooperation & coordination with Sheriffs' Departments of all counties serviced
Loss Mitigation - mortgagor negotiation and deed-in-lieu assistance
Rekey - coordination of contractor using client-specific key codes & LB combos
Secure - assuring that all properties are secured with no possibility of entry other than a keyed entry.
BPO (for REO and 3rd Party Providers) - drive-bys and interiors performed quickly and efficiently by our dedicated BPO department. 48 hour guarantee for Listings
MMRs - timely marketing reports for up-to-date information on new comparables and showing feedback
Negotiation - all offers negotiated using client-directed offer communication method
Closing Coordination - pending transactions thoroughly managed for timely closings
Auction Coordination - oversight, coordination, and attendance (if necessary)
Trashout - management and inspection
Landscaping - oversight of all lawn maintenance and landscaping per Client guideline
Seasonal - services include winterization, snow removal, weatherproofing
Repairs and Rehabs - extensive contractor database with 5-day turnaround for Bids. Management during repair process; Inspection upon completion
Communication - State-of-the-art technology for up-to-the-minute Client needs
Customer Base - large pools of buyers, agents, and investors - comprehensive oversight of buyers' lender and attorney
Dedicated Departments - pre-marketing, listing coordination, offer negotiation, closing, 3rd Party BPOs
Information Technology - customized online system developed specifically for REO management & sales
Client - monitoring of buyer agent feedback with online reporting
Certification - Certified REO Specialist, Certified Loss Mitigation Company.