Platinum Property Services Group, LLC

     REO & Property Preservation are related but definitely not the same.  Although they share the same type work that is performed on them, guidelines and pay vary. 

     The simplest explanation to show the differences between the "fraternal twins" of foreclosure is that REO (Real Estate Owened) are properties whose loan was originated without FHA guarantee.  The lender is in charge of the entire process; foreclosure to sale.  Property Preservation is the common term used for services on the loans that were FHA guaranteed.  Insert the US government and a lot of red tape and hoops to jump through.  

    That being said, this explains the sometimes drastic difference in the policies, procedures, and pricing of the orders issued. 

     We have serviced all types, REO, HUD, VA, FannieMae, FreddieMac, Private lender, rental homes.  Everything from securing to complete remodels. 

     We are always seeking to add qualified contractors to our network to ensure all assets that our clients have receive the same quality service. 

 

Is it for you?

      Only you can decide.  If the list below describes you then this might be just what you are looking for!

 

• Honest

• Reliable

• Likes challenges

• Working independently

• Time management skills

• Hard work

• Does not mind long hours

• Ability to read and pay attention to detail (sure saves a free trip back to get what got missed)

• Ability to Improvise, adapt, & overcome

• Technology capable (use of phone, computer, etc is required)

• Willingness to learn