 |
|
REO Disposition
Bill Fair and Company’s clients are able to completely integrate our methods seamlessly into their existing departments enhancing their REO disposition model, achieving constant liquidity and achieving full market value for your incoming owned portfolios. The application of Bill Fair and Company methods greatly enhance bank returns.
Bill Fair and Company provides several options for REO disposition and loss mitigation services. Beyond the proven and traditional sale by auction, our services include turnkey pre-possession through closing services which run concurrent with foreclosure and allow lenders to avoid property management headaches, ownership, costs and liabilities.
Bill Fair and Company has combined professional auction marketing services with the traditional notice requirements to achieve third party sales directly upon foreclosure.
The inherent transparency of auction marketing insures our fiduciary clients of the most successful real estate transactions possible. We bring our clients nationwide management services, the highest ROI, market value and smooth closings.
“Short sales -- which were rare when the housing market was booming -- can also be a good way for lenders and investors to minimize losses. They typically result in losses of 19% of the loan amount, compared with an average loss of 40% for homes that are sold after foreclosure, according to a recent analysis by Clayton Holdings Inc.” WSJ, April 2008
For more information contact Bill Fair, head of client services bill@billfair.com 800-887-6929
Some of our past clients include:
• McDonald’s Corporation
• Ford Motor Company
• GE Capital Credit
• AT&T
• Churches Fried Chicken
• Small Business Administration
• Resolution Trust Corporation
• Federal Deposit Insurance Corporation
• Internal Revenue Service
• United States Marshal Service
• US Trustee Bankruptcy
• Court Bank of America
• US Bank Numerous other financial institutions, law firms and corporations
