REO Services.

The approach with each property is unique as our services are tailored to each client’s goals and timeline.

IRG’s corporate expertise in asset management and disposition is supported with the following the background:

Liquidation of Portfolios of Real Estate Property, Distressed Real Estate and Non-Performing Loan Assets

We have an extensive history of liquidating bank portfolios in the Central Florida area.  Some properties received from lenders were in distressed condition and were evaluated and recommendations were made to lenders as to the type of services and costs required to prepare the properties for sale.

Asset Administration

The project manager and key personnel have broad backgrounds in asset administration

Appraisal Techniques

Formal appraisals would be provided as requested by qualified and approved appraisers.  Key personnel are qualified to provide Broker Price Opinions (BPO) and Comprehensive Market Analysis (CMA) as required.

Budget Preparation and Analysis

Project manager and key personnel have the background, experience and expertise to prepare budgets and to analyze prepared budgets.  Budgets can be provided on each individual asset, by geographic region or as directed by the lender.  Budget formats will be customized to meet lender’s requirements.

Real Estate, Securities, and Loan Marketing

Support in this area would be provided by an approved lender subcontractor.

Debt Restructing/Loan Workouts and Underwriting

Support in this area would be provided by an approved subcontractor.

Foreclosure, Bankruptcy, and Loan Closings

Project manager has served in a consulting role in numerous bankruptcy proceedings over the years and has also been called as an expert witness on many occasions in bankruptcy and foreclosure proceedings.  Loan closings would be supported by an approved subcontractor.

Financial Institution Auditing and Internal Controls

Support in this area would be provided by an approved subcontractor.