ELAM
REO Services, Inc. is an organization formed specifically
to target the needs of diverse financial organizations that
require local broker valuations of its assets that are in
various stages of loan servicing. ELAM REO Services utilizes
local real estate brokers to provide current value and condition
data for assets that are in Pre-foreclosure, Real
Estate Owned (REO), or for loan portfolio analysis.
We understand that providing high quality property valuations
or Broker Price Opinions (BPO’s) that are
delivered on time is of utmost important to our clients.
However, a need that is just as important, is having an
outsourcing partner that will help turn a REO property into
a profitable performing asset that will provide needed cash
flow to the organization. ELAM REO Services can be of assistance
to our clients in this area, as well.
Critical to carrying out a successful strategy
to managing these REO’s or foreclosures is pinpointing a
qualified real estate broker that is familiar with marketing
REO properties. ELAM REO Services can assist our clients
with finding those dependable, experienced realtors they
can rely on to complete this important task! We will work
closely with the local real estate broker assigned to the
property, to ensure that the asset is being marketed and
maintained effectively and according to the standards of
the client.
Our group, since 1997, has overseen the
inspection and maintenance of foreclosed properties in Northern
Illinois. We look forward to the opportunity to work with
qualified real estate brokers, appraisers, and attorneys
to provide comprehensive BPO’s and REO management and marketing.
ELAM REO Services believes that our clients desire local
accountability when it comes to handling distressed real
estate assets, therefore our organization specializes in
providing services for properties located in the state of
Illinois. In addition, our organization offers our clients
the benefits of high technology effectiveness via our Online
Property Valuation and Reporting System in combination
with good old-fashioned hard work to provide the best in
client service! The bottom line is……….ELAM REO Services
will provide you with a simplified, straightforward approach
to help you turn your non-performing real estate assets
into effectively maintained and marketable performing assets!