REO Properties

Are you an asset manager looking for the quick disposition of your REO assets? Artisan Real Estate Group can help. Our team of professional agents is uniquely skilled at the quick valuation, rehab, listing and sale of REO assets. Our team has disposed of assets for Amtrust and JP Morgan Chase quickly and we would love the opportunity to work with you.

Bank-owned Properties: Nine Questions to Ask before You Write an Offer

Making an offer on a bank-owned REO property can be an intimidating process for prospective buyers. In most cases, REO sellers are not very flexible when it comes to terms of the contract, which means that you really have to do your homework in order to make a strong offer. Here are nine questions you should ask before writing an offer on any bank-owned property. Continue reading

Buying Bank Owned REO Properties

An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful trustee sale auction.  In the event a bidder doesn’t come forward at the trustee auction, the property “reverts” to the bank. It becomes an REO, or “real estate owned” property.

 

The bank now owns the property and the mortgage loan… Continue reading

Attention sellers – Buyer turnoffs!

There are lots of reasons for a potential buyer to decide against purchasing a home, but wouldn’t you like to know that one of their reasons wasn’t YOU or something you did?  We’re going to help you be sure that this doesn’t happen to you!!

 

1.  As a seller, don’t think that it’s your duty to oversee the entire… Continue reading

A New Bill Concerning REOs And Retirement Penalties

The Housing Recovery Act of 2011 was introduced to the House of Representatives by Bill Posey (R-FL) . In essence, what the bill proposes is that people would have the ability to use qualified plans to purchase a home that has been in the foreclosure process for over a year without paying early distribution penalties. While it may not… Continue reading

Are you an asset manager looking for the quick disposition of your REO assets?

Artisan Real Estate Group can help. Our team of professional agents is uniquely skilled at the quick valuation, rehab, listing and sale of . Our team has disposed of assets for Amtrust and JP Morgan Chase quickly and we would love the opportunity to work with you.

 

The initial step in the management process is the BPO. Artisan Real Estate Group will provide your financial institution with an accurate opinion of the property condition using comparable properties located in close proximity to the subject property. This will aid in the process of determining whether it is cost effective to acquire the property at trustee sale or discount for quick sale at auction.

 

Once your financial institution has acquired ownership of the property at trustee sale, Artisan Real Estate Group will handle the process of current resident eviction, if required. After the property is vacated we will re-key and secure the property to prevent unauthorized entry and vandalism. At this time we will complete a visual inspection of the interior to assess and note damage, safety concerns and detrimental environmental conditions. Continue reading

What is an REO property?


An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful trustee sale auction. In the event a bidder doesn’t  come forward at the trustee auction, the property “reverts” to the bank. It becomes an REO, or “real estate owned” property.

The bank now owns the property and the mortgage loan no longer… Continue reading

Contact Us Today
(480) 560-5757

Artisan Real Estate Group LLC. Phoenix Arizona Real Estate Broker, Agent, and Trustee Sales

www.ArtisanRealEstateGroup.com
Robert Jeffrey, Designated Broker
3239 West Lone Cactus Drive
Phoenix, AZ 85027

info@artisanrealestategroup.com

Fidelity National Title & ArtisanREG...

Together we help make certain you're bidding on a 1st lien hold position and you receive a Fully-Cleared Title Search within 12 hours.
Capital Fund 1 - Hard Money loans for trustee sales, short sales, and REOs
In today’s economic and lending climate, Hard Money Lender’s are as necessary as they have ever been!
Take control of your retirement investments through a self-directed individual retirement account or real estate IRA