Initial Assignment
Wainwright Realty’s REO Division team understands how staying on top of timelines can make or break an assignment. Our detailed workflow and protocol for these assets keep us on schedule with each task. We are proud to say that our on-time task rate is over 98%.
Occupancy Status
We inspect the property and submit an occupancy status report to our client within 24 hours of each assignment. We are sensitive to complying with the PTFA and all other local applicable laws. During the occupancy period, we perform no less than weekly drive-by inspections and make no material changes at the property. We also provide a drive-by BPO within two calendar days of the assignment, including several exterior photos of the subject property.
Vacant Property Registration
We complete the vacant property registration and work closely with our clients to confirm the proper registration documents have been filed with the appropriate municipality.
