We cater to small and midsized banks many of whom spend far to much money and recieve far to little service. Here is what you gain from doing Property Inspections as opposed to B.P.O.'s (Broker Price Opinions):
A Property Inspection can be done by any contractor, not just a licensed realtor. So you are paying for getting the job done, not for their license. A Property Inspection can give you up-to-date photos of the property in question, as well as a condition report including a check of utilities, occupancy, tenants, neighborhood condition, as well as any other required information. Where you have to pay a licenced realtor up to $500 for each broker price opinion, many banks have chosen to have monthly property inspections done on every mortgage they have, for a fraction of the cost. This is a great way to keep an up-to-date record of every property, keep an eye on your assets, and do it with minimal, manageable cost.
Another advantage to having monthly property inspections done is knowing right away when a home comes up for sale or becomes vacant. If the home is abandoned or being run-down, the problem can be addressed almost immediately, as opposed to finding out later when there are violations from the city, and the home is deemed unsafe for living. This is where property preservation comes in. By maintaining the home immediately after finding out it is vacant, you are able to keep your assets in livable condition and keep from losing money. Some of these preservations include simple processes such as grass mows and key changes; ranging to the extreme which include interior/exterior trash-outs, and winterizations.
In addition to this, many banks like to have what is called a delinquency interview done on their properties. These occur when a mortgagor is late on their payment or nearing foreclosure. Typically a call back card or letter, asking the mortgagor to contact the bank right away is left, with advice on how they can proceed to correct their current financial situation. These cards can simply be left at the door, or if the client so wishes, a request for contact can be made. Upon making contact with the homeowner we can conduct an interview with the mortgagor. In these interviews we can retrieve information such as, why is the mortgager late on their payments, when do they plan on making their next payment, and when can they speak with a representative of the bank to correct the situation? These have proven to be very successful in getting a hold of the mortgagor, and also letting them know that you are willing to help in reversing their delinquency.
All of these things are important in keeping your assets at their full worth and ensuring that your mortgagors are fulfilling their contract in owning their homes. Maintaining these needs in a cost-efficient manner is what we would like to provide for you. We can perform all of your property inspection/preservation needs, as well as B.P.O.s as they are desired. We believe it is best to have one right hand man, taking care of all of your mortgage specialist needs, and Groen Assistance Group can be just what you need. We have listed a few of the services that can be provided for you should you choose to use them. We believe you will find the pricing and quality of work is shockingly improved as to what you're used to.