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Our clients want their REO assets managed effectively and liquidated quickly with maximum return. Chronos has a long history of using a quality, timeline-driven process to ensure your REO property hits the market at the right time, at the right price and in the right condition to be primed for maximum return.
Chronos Solutions can see your asset through the REO process from end-to-end with minimum expenditure from you. Starting immediately after the foreclosure sale and extending through closing and asset liquidation, we’ll apply our established, technology-enhanced process and proven models to evaluate and analyze the property; build a winning marketing strategy; manage the purchase negotiation; select the optimal title and closing process and see to the remittance of funds. Along the way, we can offer a wide selection of products and services, both internal and in collaboration with a vast national network, to expedite and enhance the transaction.
· Superior asset valuation using a combination of experience, expertise and sophisticated technology.
· Comprehensive management of pre-marketing timelines
· Granular management of eviction timelines and a robust Cash-for-Keys success rate
· Detailed marketing recommendations built to meet your unique liquidation strategies
· Thorough identification of junior liens with effective follow up negotiation
· Rapid and effective identification and resolution of any title defects
· Effective Offer Negotiation
· Efficient and rapid closings
· Defect-free delivery of liquidation proceeds
Throughout the process, expect accurate and real-time reporting on status, in formatting customized to your needs and specifications.
- Asset management outsourcing: Let us maximize your REO asset management strategy with our extensive partner network, elite technology and effective process.
- Cash for Keys: For investors, the eviction process means time, money and uncertainty. Our model uses an analytical approach to generate an accurate offer amount and cost analysis based upon local market, regulations, ordinances and history.
- Eviction Management: Chronos has a great deal of experience managing large default portfolios at the national level. We can efficiently handle your portfolio from the macro level right down to individual attorney communications.
- Secret Shopper: The condition of your asset can have a significant impact upon its sale value. It’s not easy to manage those managing the upkeep and repair of REO properties. Allow us to audit your vendors to ensure your specific criteria are being met. From wish list to scorecard, we’ve got you covered.
- Title and Settlement: No matter how large or small the task, Chronos Solutions delivers world class title and settlement services to ensure a wrinkle-free REO process. If you have a preferred partner, we’re happy to collaborate. If not, we can provide the resources and the service.
- Valuations: Chronos Solutions is able to provide a number of various valuation hybrids to ensure that the valuation of your asset will be accurate and credible.
- VendorCheck: Risk mitigation is the name of the game today, and VendorCheck allows lenders the ability to easily monitor the performance of their service providers for compliance and QA.
- HOA Solutions
- Auction Services
- Conveyance Check: Allow us to ensure that a HUD property meets all pertinent requirements on the pre-foreclosure end of the transaction.