REO – Bank Owned Properties
We fully understand the importance of maximizing value in the shortest time possible, providing the best real estate industry knowledge and services available, including negotiations, divestiture, legalities, and hands-on management. Hawaii Home Auction and it’s certified REO Agents has a proven track record and we leave absolutely nothing to chance.
From foreclosure sale through liquidation or at any point in-between – We understand that time is money and utilize the best course of action on each individual file to achieve the maximum proceeds-to-value for our client while shortening days on market.
REO Services Include:
► Perform occupancy checks.
► MMRs: Providing timely and accurate marketing and status reports including
information on new comparable properties.
► Eviction: Coordination with Sheriffs office and personal oversight of evictions.
► Re-Key: Coordination with contractor to re-key all entryway locks using Sentrilocks
► Provide accurate and timely Drive-by Broker Price Opinions.
► Provide an Interior BPO and develop comprehensive marketing plans.
► Utility activation and property maintenance services.
► Trash-Out: Management and Post Inspection.
► Repairs and Rehabs quick turnaround and inspection of all work.
► Landscape maintenance coordination and regular inspection per client guidelines.
► Property recovery including eviction management.
► Negotiate Cash-for-Keys and assist with processing evictions.
► Property assignment to qualified REO Agent.
► MLS Entry, Prospect Management/Buyer Leads, Marketing.
► Auction coordination
► Placement on HawaiiHomeAuction.com at 0% Seller Cost.
► Review and summarize all offers to purchase, verify purchaser qualifications .
► Negotiation and sale of property.
► Closing / Title services.
► Monitor all Title and Escrow closing services, ensuring timely delivery of proceeds.
► Ensure closing dates are adhered to and have a per diem policy in effect.
► Ensure delivery of closing proceeds to our clients.
► Submit all final invoices in a timely manner.
► Monthly reporting.
► Multiple agents licensed exclusively under our Firm available to quickly show properties in all areas serviced.
Memberships and Affiliations
► Member in Good Standing – NAR
► Member in Good Standing – Hawaii Association of Realtors
► Member in Good Standing – Hilo Association of Realtors
► Member in Good Standing – Kailua Kona Association of Realtors
► Member in Good Standing – Maui Association of Realtors
► Member in Good Standing – Oahu Association of Realtors
► Member of all REO platforms
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If you need immediate assistance call 808-747-9670