CBI REO is the Only Source You Need to Protect Your Asset Interests

CBI REO ensures that your REO properties are thoroughly promoted to generate wide-spread awareness and receive the most qualified traffic. 
CBI REO utilizes the latest Internet technology and additional resources to market the property. Here are just a few marketing techniques you can expect from CBI REO:

  Quick placement of your property in Multiple Listing Services
  Upload listing to the Internet
  Preparation of property flyers
  Advertisements in local newspapers
  Organize and promote open houses
  Yard Signage and info sheet box
  Monthly mailings

If the property is occupied, CBI REO will pursue a “cash for keys” strategy to speed up the vacancy and/or eviction processes. We realize that your goal is the quickest possible necessary renovation and sale of the property.

We immediately take charge of your property to protect it and prohibit damage of any kind. Once we are assigned to your assets we immediately begin the process of preparing the property for foreclosure sale.

CBI REO delivers professional assessment services to support our clients at a variety of stages of the asset management and REO liquidation process, including prior to the property becoming REO. Property assessment
services include:

  Property inspections
  Occupancy verifications
  Review and obtain BPO valuations to establish asset values

All broker price options (BPOs) are provided by experienced REO Realtors who possess a thorough knowledge of current local market conditions.

CBI REO oversees the sales contract time-lines to be sure that all contingencies are released and/or quickly complied with. We will contact our clients if any problems arise that may delay the closing.

  Present and negotiate multiple offers and advise the asset manager when more than one offer is anticipated and assist with strategizing responses in order to get the highest bid.
  Pre-qualify potential purchasers before an offer is presented.
  Submit accepted contract with required addendums.
  Coordinate with closing agency for timely HUD1 approval. (We understand that a property is not sold until the HUD-1 is signed and the monies are funded.)
  Attend final closing.
  Environmental maintenance

We immediately take charge of your property to protect it and prohibit damage of any kind. Once we are assigned to your assets we immediately begin the process of preparing the property for foreclosure sale.

  Securing the property and lock modifications
  Property clean-up
  Winterization
  Basic property maintenance, lawn care and snow removal
  Trash removal
  Environmental maintenance