Corporate Services

Services

Broker Price Opinion Services

A critical part of our service base is to provide Broker Price Opinion (BPO) reports. Our department consists of a staff of licensed real estate professionals, a research group, and contractors who are ready to accommodate any volume with a 72-hour guarantee. Each BPO is customized to meet your specific needs and requirements. We want to be a seamless extension of your own team throughout the entire process.

Our BPO service includes:

  • Exterior “drive-bys” and/or full interior inspections
  • Digital photography presented singly or in a document format
  • Active and sold comparables
  • Market value analyses for “as is”
  • Estimates of repair bids
  • Market value improvement analyses
  • Discreet, professional, and accurate executions
As you know, research and analysis of an REO property can be a difficult and sensitive undertaking. Our professionals will work to provide you with the most accurate and valuable information possible to assist you in successfully marketing your properties.

Commercial Consultations

REO Commercial property requires precise experience and knowledge of both REO and commercial real estate practices. At PelletierREO, we are experienced in working with the regulatory procedures involved in handling REO/bank-owned properties specifically for commercial properties.

Our Commercial REO services include:

  • Broker Price Opinions
  • Loss Mitigation Analysis
  • Pre-Foreclosure Workouts
  • Eviction Services
  • Rehabilitation Services
  • Supervision of Contractors
  • Management of Utilities and Property Maintenance
We will work with you to determine what the best course of action is in regards to managing your commercial REO property.

Loss Mitigation

Your goal is to minimize the loss of investment on a property. Beyond our REO/Asset Management services, we can assist you with conventional loan and FHA required loss mitigation services that include:

Pre-foreclosure Sales
Unlike typical property sales, pre-foreclosure sales require sensitive, professional handling. Typical services include:

  • Aggressive listing of property
  • Drive-by property valuation
  • Adherence to FHA regulations and requirements
Coordination of Debtor with Non-Profit Foreclosure Counselor
Foreclosures can sometimes be avoided and an amendable solution can occasionally be found for all parties involved. The PelletierREO team will coordinate with the debtor to find a non-profit foreclosure counselor to advise them on possible solutions.

Field Services
PelletierREO customizes our field services to address your unique needs and field asset requirements. These services include:

  • Collateral inspection
  • Occupancy determination
  • Borrower interview with call-back card
  • Next-door interview
  • Digital photographs
  • Pre- and post-insurance inspections
Property Preservation
There are several options available in preserving occupied and vacated properties. PelletierREO offers services to preserve and improve the valuation of the property:

  • Scheduled property maintenance reminders
  • Code compliance
  • Re-secure property
  • Lock change
  • Board broken windows
  • Debris removal
  • Hazardous waste removal
  • Re-glaze broken windows
  • Grounds maintenance
  • Weatherization
Mitigating the loss of value to your property is foremost in our minds. The PelletierREO team will work to help you recoup your investment. Please contact us to discuss your needs.
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