Foreclosures are at an all time high and lending institutions such as yours are being forced to take a much more aggressive posture with notices of default, resulting in greater administrative costs.
The cost of experienced foreclosure workout specialists is often outside the standard compensation rates or, in many cases, too prohibitive to administer for banks and other lending institutions.
Cut Your Costs Associated with the Disposition of Properties
At Virtuosity Unlimited, our mission is to provide lending institutions qualified and experienced Workout Specialist and REO Disposition Experts without the costs associated with recruitment, training, and disposition of the properties.
This enables lending institutions such as yours, to do what you do best, while cutting costs and improving overall profitability.
How Does Your Lending Institution Benefit From Our Foreclosure Workout Services?
- We review troubled loans and develop solid win-win servicing strategies
- We review and analyze financial statements to determine restructure options
- Negotiate debt restructure
- Analyze and determine the impact of bankruptcy filing, and ensure the protection of
THE LENDER'S position as a creditor
- Conduct negotiations with the borrower and borrowers counsel
- Make recommendations on disposition strategies
- Manage foreclosure and liquidation process of workout assets
- Design and implement a comprehensive disposition plan
- During the Pre-REO Disposition Period, post the property on our website below market value,
notify our qualified investor list, and handle the sale for a reduced commission
- Research and identify the most suitable real estate company or sales associate to list
and market the property for sale
All of this equals significant cost and time savings for your company.
Why Trust Virtuosity Unlimited To Handle This Process For You?
Virtuosity Unlimited, LLC is headed up by a team of extremely experienced real estate, financial, and legal professionals with over 65 years of experience.
With experts in all facets of the foreclosure, financial, and real estate areas, our team can provide you with the comfort that your interests are being protected and your clients are being taken care of.
Our entire mission is to provide the highest quality Foreclosure Workout Specialist and REO property disposition services at the best value to maximize cost savings for your lending institution.
Expert Foreclosure Workout Services - What Is The Process?
We take a personalized approach to helping your lending institution reach its Foreclosure Workout goals. Each company has different goals in mind, it is our job to help you reach those goals more effectively and efficiently.
The usual process that we take to help your lending institution reach its goal is:
- Set up an initial consultation to identify your needs and how our services can assist you.
- Determine what strategies the bank wants to take and what message they want to send to the general public.
- Define the ideal Public Relations/Marketing Campaign to promote awareness.
- Determine our level of participation:
- Determine the process for reviewing customer data.
- Meet with the staff and determine appropriate workload and operating procedures.
- Design and offer regional seminars for pre-foreclosure education and consultation.
- Introduce innovative solutions for the workout process.
- Review customer files and make recommendations for workout resolution.
- Refer REO properties to qualified real estate brokers.
- Enter into a contractual agreement.
See How Our Team Can Cut Your Costs And Increase Your Bottom Line
Are you ready to learn how our professional Foreclosure Workout Specialists can help your lending institution cut costs and increase your bottom line?
Start Today...
Call now for a FREE consultation 866-439-4877
For more information about Virtuosity Unlimited and the Foreclosure Workout Specialist services we offer, call us at 866.439.4877.
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