Wednesday, July 18, 2018
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SALE & CLOSING PROCEDURES:

Maryland REO connection aggressively monitors the sales contract time lines to be sure that all contingencies are released and/or compiled with in a timely manner.  The Asset Manager is advised and notified if problems develop that may delay the closing.

  • Present and negotiate multiple offers and advise the asset manager when more than one offer is anticipated so as to assist in strategizing responses in a manner that will allow for the highest sale amount.
  • Potential purchasers are pre-qualified before an offer is presented.
  • Submit accepted contract w/required addendums.
  • Coordinate w/closing agency for timely HUD1 approval. (we understand that a property is not sold until the HUDS are signed and the monies are funded)
  • Attend final closing.

 

 

Maryland REO Connection, LLC  Toll Free: 877-631-0778  Fax: 301-694-9321  info@mdreoconnection.com
Send BPO requests to bpo@mdreoconnection.com