REO

REO Services | Banks/Lenders

LOS ANGLES, ORANGE, SAN BERNADINO VENTURA AND RIVERSIDE COUNTIES

Modern Realty has developed a national reputation for working with financial institutions, investors, developers and owners with non- or under-performing assets on their books. Modern Realty is an expert in the workout, restructuring and recovery of distressed commercial real estate assets. We provide the best possible solutions to maximize or turnaround nonperforming assets.

After 30 years, our team continues to provide banks and property owners with REO and loss mitigation services at the highest rates of efficiency, even ensuring a 50% greater success rate for mitigating loss and preserving asset value.

REO Services | Banks

• Managing vacant assets
• Mitigating losses & selling properties for top dollar
• Restructuring asset income to improve performance
• Meeting aggressive timelines on all aspects of the REO process
• Relocation assistance and eviction management
• Delivering well-supported list agent BPOs, appraisals, market plans and status reports
• Providing curative activity throughout the marketing stages
• Consistently producing strong negotiations to ensure the best terms for our clients