REO SERVICE PROVIDER

The Benham REO Group is an affiliation built around the most aggressive way to sell REO properties. The key element to the Benham REO Group’s 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, the Benham REO Group affiliates provide banks and asset management companies an outsourcing opportunity to sell their foreclosed properties on the retail market.

The Benham REO Group has 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 the country. Having more than 60 affiliate brokers in 30 different states the Benham REO Group continues to expand its coverage areas in response to the ever-increasing flood of REO properties in the real estate market.

OUR GUARANTEE

Guaranteed BPO in 48 HOURS from the date of securing, or WE will pay for the rekey — no questions asked!
 

SCOPE OF SERVICES

Occupancy - same day occupancy 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 Consultant

PRODUCE VALUE

Combining local market expertise with state-of-the-art technology
while supported by a team determined to get the job done.