As an industry leader, Storey Morrow stands ready to serve your best interests with regards to either disposition or purchase of REO (real estate owned) properties in the metropolitan Atlanta marketplace.
If you are a potential buyer or investor, there are consistently a large number of investment opportunities of bank owned properties to purchase for owner occupancy or investment. Should any of our listings interest you, please contact us for further information and availability.
Buying a foreclosure can be a daunting task of voluminous documents to understand and lengthy negotiations, so if you need an experienced associate to represent you as a buyer's agent in locating and purchasing REO properties in the Atlanta marketplace, please contact us.
If you are a selling agent, see our General Offer Instructions and specific Purchase Addendums for guidance in preparing purchase offers.
For asset managers seeking knowledge and expertise in the disposition of your REO inventory, see our Menu of Services below or contact Joy Thomas, REO Director, for a personalized presentation.
With our REO-focused team, led by Joy Thomas, you can count on us as seasoned area experts to market and manage your assets from initial assignment through closing with time sensitive professionalism.
View Our Service Territory for asset assignments.
Menu of Services
• Drive-by Broker Price Options
Customized to your order to establish estimated market value including digital photos of subject and street scene in email or hard copy version.
• Occupancy Verification
Prior to and after foreclosure proceedings and facilitate Cash for Keys Agreements when necessary.
Coordinate with Sherriff's Department and represent lender at premises.
Secure property after eviction or after vacancy established.
• Interior BPO & Inspection
Full evaluation or property interior and exterior with accompanying photos to maximize yield to lender. Suggest, order and supervise termite, electrical, mechanical, plumbing, roofing, and appraisal inspections as needed.
• Property Maintenance
Transfer utilities, order regular lawn maintenance and janitorial services as needed. Monitor and oversee completion of approved repairs or maintenance.
• Reporting Updates
Monthly status reports customized to your requirements.
Systematic media advertising in real estate trade publications and Internet sites targeting potential buyer profiles. Individualized marketing flyers provided on premises for potential purchasers and agents. Discussions regarding creative and innovative marketing concessions to enhance marketability.
Learn more about web sites where we market our properties in an effort to gain the best possible exposure.
• Offers to Purchase
Require buyer profile info and substantiated mortgage pre-qualification/verification of funds prior to offer presentation to seller (and addendum if requested). Skilled negotiator discussions with seller to ensure highest return to seller. Monitor transaction through successful closing including coordination with closing agent. Suggested vendor partners experienced in foreclosure transactions available upon request.
Consolidated monthly expense tracking and billing provided with itemized property invoices for reimbursement to Storey Morrow Company.
As you can see, we are serious about providing a mutually beneficial service to successfully market and eliminate your REO inventory. Our pledge of service is based on the "AIR" principle... accountability/accessibility; integrity; and reliability.