REO Services

About REO Asset Management.....

CENTURY 21 Rainbo Realty, Inc. is widely recognized as a leader in the evaluation and management of defaulted REO assets.  Our REO Management Division professionals provide expert assistance to financial institutions, investors and government regulators in the evaluation, management and disposal of distressed and foreclosed residential properties.  With more than 40 years of experience, we provide cost-effective services by streamlining essential support functions.

Our comprehensive line of REO Management Asset services includes:

  • Property Sales Management
  • Supplier Selection
  • Asset Securing and Stabilization
  • Property Maintenance
  • Marketing Strategy Development and Implementation
  • Property Repairs and Improvements
  • Closing and Legal Services
  • Eviction Management
  • Rental Management
  • Drive By (BPO) Fees

Since 1977, CENTURY 21 Rainbo Realty, Inc., REO Asset Management has successfully managed assets for clients such as USRES, Chase,Old Republic, NRT REO Experts and PNC Bank.

Our REO management team, each of whom has more than a decade of real estate experience, and support staff is well-trained and proficient in property valuation, management and disposition.

CENTURY 21 Rainbo Realty, Inc., REO Asset Management has immediate and real time access to a vast network of appraisers, inspectors and legal/closing/title firms, whose services and fees are approved initially and evaluated regularly using the following criteria:  accuracy, professionalism, timeliness, quality of work, fees, responsiveness, inventory age, sales vs. list price ratio and carry cost history.  This network is comprised of the best performers in any given area or market;  we will not use a supplier that does not perform consistently to our high standards.  These stringent standards limit the size of our network, but increase each member's REO Asset Management activities.  Thus, our clients receive reduced fees and/or costs from our carefully monitored network or suppliers.

You can rely on CENTURY 21 Rainbo Realty, Inc., for your REO Asset Management needs.  Our expertise, experience and attention to detail are the keys to our success - and to the success of our clients!

 REO Services

Call 773-631-2400 Today