BMS Services Offered

 


From initial default to locating and closing with new buyers, BMS has streamlined and improved the default process, ensuring that properties look their best at all times.

Pre-Marketing

  • Assignment to an experienced REO agent (selected from over 17,500 trained agents)
  • Initial inspection of property (within 24 hours)
  • Open title
  • Restorative management
    • Re-keying
    • Weekly, Bi-weekly or Monthly Inspections
    • Securing
    • Lawn care
    • Winterization
    • Trash & Debris removal
    • Address and cure environmental issues (if applicable)
    • Maintenance preservation

Evictions

  • Eviction coordination and relocation assistance (cash for keys)
  • Attorney assignment, timeline monitoring and lockout coordination

Valuations

  • A Broker's price opinion (BPO) with pictures (interior and exterior)
  • Automated valuation (AVM)
  • Appraisal and/or variance valuations as appropriate
  • Itemized bid repairs from qualified licensed and bonded contractors
  • Our automated system ensures quick turnarounds (no longer than 5 business days)

Marketing

  • Prepare and submit marketing plan
  • Proactive asset marketing - MLS, online listings (aggregator technology covering over 50 different sites), local advertising, open houses and online auctions
  • Monthly status reports
  • Offer negotiation and management
  • Marketing and staging
  • Around-the-clock nationwide market exposure
  • Virtual property tours
  • Flat Fee MLS listings
  • Online Auction & Offer Management

Closing

  • Contract review
  • Closing coordination
  • Escrow Services
  • Timeline tracking of closing contingencies and deadlines
  • HUD-1 reconciliation and execution
  • Legal Services and representation