| Mortgage Default Services |
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| Monday, 26 December 2005 | |
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Site Assessment Evictions Asset Management Appraisals / BPO / Listing and Selling Occupied Asset Management Receivership Broadstone Management plays an extensive role in acting as a court appointed receiver for real estate properties. We are typically recommended to the courts by various financial institutions, insurance compaines and attorneys. We have been appointed receiver for commercial, office, retail, apartment, and single family residential properties. Our objective is to professionally manage the property in order to achieve optimal value for the asset. KEY BENEFITS TO COURT RECEIVERSHIPS Preserve value of the asset: The appointment of a receiver gives the receiver immediate control over the property. The receiver is usually granted complete control over the property and he can immediately implement a turnaround plan. Business (Property) Management & Sales We manage business and property on behalf of creditors, partners, litigants, and lenders. Preserve real estate, operate and collect rents during the redemption period. Reject and renegotiate contracts. Receivers can operate the business through a foreclosure. The receiver can usually be paid out of the cash flow of the business or property. Create Financial statements and operating budgets. Verify payment of taxes, insurance and review operating contracts, leases, etc. Formulate property improvement plan or sale strategy. Sell business or property as an operating entity with solid financial statements. Distribution of monthly financial statements and reports, distribution of funds from dividends, business income and sale proceeds Loss Mitigation Call Today about our REO Services CALL JIM PUSATERI for additional information (815) 483-2424 WE SELL REO 24 HOURS A DAY! 7 DAYS A WEEK! |
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| Last Updated ( Saturday, 01 March 2008 ) |
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