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Asset Management PDF Print E-mail

The core business of FPRE is the securing, oversight, maintenance, management and marketing of institutionally owned real estate.

Our broad based broker, contractor and appraiser network consists of insured, licensed, experienced and proven professionals who specialize in the marketing and management of REO properties.

FPRE has divided the entire REO management and marketing process into stages and sub-categories. This results in the identification of each segment required to move an asset quickly and efficiently through the management and marketing process to shorten cycle times. Critical deadlines are scrutinized to monitor the performance of the broker, the appraiser, the contractor, the attorney, the closing company and FPRE personnel.

By actively managing each segment of the process within its own performance criteria, we minimize exceptions and nearly eliminate anything from "falling through the cracks."

To accomplish the most professional and comprehensive approach to asset management and disposition, FPRE has staff specializing in Evictions / Cash For Keys Relocation Assistance, Appraisals, Value Reconciliation, Repairs, Routine Maintenance & Utility Company Coordination, Accounts Payable, Accounts Receivable, Asset Management and Closing Management.

FPRE has the experience and expertise to provide complete oversight of the entire management and disposition process. Once the property comes under our management, we will ensure that its progress is monitored, managed and reported to the client on a consistent basis.