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""REO Allegiance"":http://www.reoallegiance.com, a national property preservation firm headquartered in Bayonne, New Jersey, announced this week that it has been chosen as a premier inspection service provider for ""Atlas REO Services"":http://www.atlasreo.com which is based in California and provides customized REO management and disposition services for lenders and servicers.
[IMAGE]The new program goes well beyond the services traditionally offered by asset management firms, according to the two companies.
""Using third-party field inspection companies is a part of our comprehensive national field inspection program,"" said Brian Devlin, property operations manager at Atlas REO.
Devlin continued, ""REO Allegiance has been engaged to perform much of our property preservation for some time. When we needed a new process for field inspections, they
[COLUMN_BREAK]were eager to help us develop the new program. The company is very willing to take on new challenges and its executives have an amazing ability to adapt to the needs of the changing market.""
Under the new program, Atlas REO orders inspections on a representative sample of properties the company is contracted to sell for servicers or investors, to investigate and report on the property condition. By performing an inspection quickly, the company has found that it can move properties back into the market faster, saving its customers time and money.
""Atlas's field inspection program is exceptional,"" said Lisa Sadaoui, president and CEO of REO Allegiance. ""Consistent inspections head off potential problems and ensure that all client specific guidelines have been met and that the property is in show-ready condition, which helps to drive sales.""
Sadaoui says Atlas REO consistently achieves high scores from their clients, primarily because the company takes a proactive approach to assessing the property's condition and maintenance.
""We've always been focused on delivering the best service to our clients, so we are very selective about the companies we partner with,"" said Devlin. ""We are proud to call REO Allegiance a partner because they share our philosophy of desiring to be a good neighbor. They understand the blight that abandoned and vacant properties bring to neighborhoods and the value of improving and maintaining the look of these properties.""
