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Posts Tagged ‘forclosures’

Client Customized Asset Management

Sunday, January 31st, 2010

The Green Business League has just certified Precision Asset Management Corporation the Gold level status, which is the highest level, as a Certified Green Business. Precision Asset Management is a national real estate management and marketing service that does a lot more than just a wide variety of customized real estate services. Precision Asset Management is considered a leader in Green practices within its industry.

Precision Asset Management worked with a Certified Green Consultant, Frank Weston of Emerald Green Solutions to complete an extensive audit of its environmental accomplishments. Starting with a full energy audit, such items as programmable thermostats to efficient lighting set the stage for many other improvements. Other improvement included timers on outside lights, LED lighting, carbon emission assessment, and powerstrips to eliminate phantom loads.

Precision Asset Management Inc. provides real estate owned properties: sales, outsourcing and property management services on a national level. They are a customer-oriented organization that manages and markets real estate owned properties in the most efficient and precise manner. Their commitment is to procure the highest and best sales price, in the shortest amount of marketing time. They strive to outperform their clients’ goals & expectations. Exceeding industry standards; including technology, customer service, accountability & integrity.

They have two decades of sales understanding in managing and marketing real estate owned properties. They have a proven track record of marketing real estate owned properties of abundant lending institutions. They are approved by many lending/financial institutions like Accredited Home Lenders, Bank of America, Fifth Third Bank, Chase Home Finance, Countrywide Home Loans, Freddie Mac – Broker ID# 1010030, Ocwen, Option One Mortgage, Washington Mutual, Inc.

The top of the line technology they use is state-of-the-art web-based computer system. A paperless environment, which includes but is not limited to the following electronic transfers: Property Analysis, Customized Reports, Weekly/Monthly Statuses, Photos, HUDs, Large nationwide database of seasoned REO Agents who are ranked based on past sales performance. Also, they have a customize report builder to gather client’s requirements.

Precision Asset Management also purchases Energy Star equipment, replaced cleaning products with Green alternatives, and installed (VOC) absorbing plants to provide a cleaner workplace for employees, guest, and clients.

Sustainable issues involve several efforts in recycling, disposable of electronic tools, and providing recycling bins throughout the facility. Toilets have been retrofitted to use less water, and carpooling and transportation issues have been arranged.

Precision Asset Management Corp also has made great steps forward as a paperless work area in an otherwise paper-heavy industry. They use paperless document and retrieval systems, paperless invoicing, efaxing, and they even email their customers newsletters.

The Green Business League provides the most legitimate Green business certification in the nation. This is not a fake Internet purchase, but requires a live audit by a Certified Green Consultant. Using an established point system, any certified business must acquire enough points to earn the GBL Green Business Certification. To insure the commitment to the environment, all GBL Green business certifications are audited annually.

Please visit Precision Asset Management homepage or the Green Business League homepage if you want to know more information on REO marketing or Green Certification. They equally can be priceless to your business. Get a totally unique version of this article from our article submission service

Where to look for foreclosures

Wednesday, May 13th, 2009

In a down real estate market, finding foreclosed homes is easy. To make your search easier, here is the list of the places where you can find foreclosures.

Auction Houses

Auction companies hold a inventory of properties, sometimes selling as much as 100 homes or more in just 1 day. Since the bidding is relatively quick and houses can be sold in a matter of seconds, prices of real estate can go over the board but you can find really good properties in their inventory.

Bank Web sites

Major banks maintain a good list of foreclosed properties. Visit bank web sites and check out the foreclosed properties listing.

Online foreclosure companies

There are a few companies online that specialize in selling foreclosed homes. A small,one-time membership fee is charged to anyone who wishes to access the list of foreclosed properties. Once you join you will normally have access to a list of property from across the nation. This is very helpful if you have a part of the country you prefer to invest in.

Buyers agents/Real Estate Agents

These agents are either maintaining personal web sites or are under real estate companies that sell foreclosed properties. You can search them online or browse through yellow page listings. Major cities have real estate offices where you can inquire into possibility of acquiring foreclosures.

Real Estate Signs

You don’t need to look anywhere else because you can find foreclosure signs around your neighborhood.These signs contain address and contact information of the agents you can visit or call. The best thing about considering homes with real estate signs is that you can actually check the condition of the house on-site. Nothing is stoping you from walking the property to take a look to see if it is worth looking into. And with one phone call, you can arrange with the agent the date when you want to see the interior of the house.

Government Agencies

Department of the Treasury and other government agencies have a list of real estate properties for sale. Usually, when buying a house from these agencies, you are required to acquire the services of a real estate broker or personally submit an offer. Go to any of the government agencies web sites for more information.

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Working with your lender to avoid forclosure

Wednesday, April 22nd, 2009

If your home is on the verge of foreclosure or you fear the chance of it, you certainly will do any possible means to save it. But the problem is how you will do it? The first step, is going to your lender and asking for help.

If contacting your lender at the first sign of financial problems seems to be not so good of an idea. It may be because you are embarrassed to discuss money issues to others or you simply don’t see the need to inform your lender right away of your present financial standing. But the truth is, asking for your lender’s help will save you a lot of trouble and it will could help you save your home.

People often have the perception that lenders, like banks, think only of themselves and don’t care about the future of the borrowers. This leads to the common notion that lenders show no mercy to homeowners who have defaulted on payments and will take the homes when the very first window of opportunity opens. The truth is lenders like owners will do everything they can to avoid home foreclosures. So again, the best way to save your home is to work with your lender to solve the problem.

If you miss payments for 3 consecutive months normally the lenders usually send a Notice of Default. However if you know your in trouble DO NOT wait until you get the notice to take action. Call your lender as soon as possible. Inform them of your reason of default on a payment and ask for an alternative payment schedule or temporary lower rates until your finances have recovered. You can also ask for Forbearance where your lender waives some of the penalty fees as a result of default or a mortgage refinance without going through the process of re-application. Most mortgage lenders are more than willing to help you to avoid repossessing your home.

Talk to your lender, inform them of the situation, and ask for payment alternatives. Don’t wait too long before you make a move to save your home. Act fast. Understand the gravity of the situation and do something. It is your obligation to pay your mortgage but when worst comes to worst, your lender will help you keep your home. This is more true during economic downturn.

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