REO MANAGEMENT

Corporate Asset Management, LLC offers real estate lenders and investors a complete solution to REO Management and Disposition nationwide. Specializing in the liquidation of single and multi-family residences, land, and commercial properties, we can sell your properties faster and more efficiently. technology and proven management expertise enables us to decrease losses and reduce recovery time.

Our Mission
To provide the most comprehensive REO Management Services to our clients by delivering a high level of practical experience in the industry; and to provide decent and affordable housing to our communities, and be the choice of REO Management. We are setting up the standards of REO Management by providing the proper education and innovative technology to our clients and vendors.

Company Profile
Corporate Asset Management, LLC is an outsource REO Service Management Company. Our clients include commercial banks, savings and loans, investment bankers, pension funds, mortgage companies, as well as consumer finance companies and investors seeking a better way to facilitate the foreclosure process.

What We Do
We are a full-service liquidation company that monitors the entire foreclosure processes, from the initial legal action through the sale of the property. We handle evictions, if necessary, contract the repair and maintenance, list the property, handle the closing, and deliver your check. Throughout the process, you save time and money.

How We Do It
Our approach offers you a number of unique advantages. Our full range of services are designed to reduce your cost and save you time throughout the disposition process from foreclosure through redemption and final sales, as well as the management of potential REO. Here is what sets Corporate Asset Management apart:

• Information System Management
  Our customized reporting system and database provides detailed REO statistics and information. And our "Potential REO" report will follow all new foreclosures and will track sale dates and redemptions. Our database will assist you in tracking all foreclosures and monitoring accounts that have cured or paid off prior to completion of foreclosure.
• Complete Property Security
  Vacant properties are secured immediately and monitored throughout the foreclosure process to help prevent vandalism. We change locks and place warning signs in visible street windows with a 24-hour hotline number posted for immediate contact. We assist the sheriff and attorney when evictions are necessary.
• Quality Maintenance and Repair
  We contract all maintenance and repair to an insured contractor and monitor all work to ensure its completion and quality. We contract winterization/de-winterization of properties, snow removal, yard maintenance, trash-out, lock-change, rehab, etc.
• Expert Legal Counsel
  We work closely with your law firm or with established law firms nationwide that specialize in real estate law and foreclosures. We carefully monitor all legal aspects of the foreclosure process through the final sale.
• Timely Information Reporting
  We provide detailed monthly inspections and status reports. Our monthly reports include such information as the condition of the property, number of showings, a summary of offers to date, and Agents’ recommendations.
• Representation of Your Interests
  We provide active assistance and representation at all title company closings. Once the property has closed, we provide you a complete, detailed "Sold" file for your records and retain copies of your database for a period of five years.

Our Clients
Clients come to us for a variety of reasons. Some REO Departments‚those that are overworked and understaffed‚simply need to outsource some or all of their real estate owned portfolio to a firm they can rely on. Other lenders select Corporate Asset Management so they can redirect their resources and focus their energies on their primary businesses. Some clients come to us to reduce the costs associated with a permanent, internal staff. And many of our clients are in search of that specialized experience and expertise we provide. No matter what the reason for selecting Corporate Asset Management is, all of our clients benefit from our ability to save them time and money, while keeping them fully informed as to the status of their properties.