REO / Bank Owned Properties

On Point Realtors (OPR) offers unparalleled REO services to lenders and asset management companies ensuring the highest return on their assets. At OPR we efficiently manage and sell large portfolios of REO listings with great attention to detail. Our team members skillfully work to value, inspect, manage, and market the properties for sale. OPR’s goal is to serve our clients by achieving the highest possible return, on every property, in the shortest amount of time.

Our full service REO team offers:

• Pre-foreclosure Assessment – we offer inspections and property management during pre-foreclosure.
• Occupancy – we perform same day occupancy checks, weekly inspections and reporting.
• Security – we secure and protect your assets from the day of assignment to disposition.
• Relocation Assistance and Evictions – we obtain occupant information, create consistent communication with the occupants and manage relocation assistance transactions.
• BPO Services – we accurately evaluate each assets value and provide recommendations for repairs to ensure the highest return on investment. We also provide interior/exterior/secondary BPOs, and provide detailed marketing plans within 48 hours.
• Monthly Marketing Reports (MMR) – we provide monthly valuation updates that include updated market activity and trends.
• Repairs and Rehabilitation – we utilize our extensive contractor database to deliver multiple bids within 2 business days, and manage any approved repairs from start to final inspection.
• Closing Coordination – we proactively manage pending transactions to ensure timely closings by maintaining consistent communication and adhering to all timelines.