REO Account Representative - On-Site Role
About The Position
The REO Account Representative will manage a portfolio of residential properties from Foreclosure to REO liquidation. Responsibilities will include: Managing taxes and insurance, Protecting the asset/property preservation, Overseeing eviction of prior owner and tenants, Managing trash out of property post eviction, Obtaining appraisals and developing a remarketing plan to best liquidate assets, reviewing REO agent performance, Reviewing/countering/accepting offers within guidelines. Will work with investors/insurance companies to adhere to REO guidelines, manage the attorney relationship in respect to REO, and work with title companies to assure smooth closing. Will also manage/coordinate the removal of assets from inventory post REO sale.
Requirements
- High School Diploma is required
- 3 years default experience to include Foreclosure/ Eviction
- 3 years experience in Residential Real Estate to include contracts and closings
- 3 years experience related to property taxes/ insurance claims
- 1+ years accounting experience
- 1+ years of Residential Property Preservation Experience
- Default experience to include Foreclosure and Evictions
- Ability to manage vendors, realtors, attorneys and code enforcement
- Residential real estate experience to include ability to understand contracts, appraisals, and BPO's
- Negotiation skills
- Ability to multitask and adapt to change
- Understanding of property taxes and insurance
- Title report experience
Nice To Haves
- Bachelor's degree in Finance/Accounting is preferred
- Experience with/understanding of Title Reports
Responsibilities
- Manage taxes and insurance
- Protect the asset/property preservation
- Oversee eviction of prior owner and tenants
- Manage trash out of property post eviction
- Obtain appraisals and develop a remarketing plan to best liquidate assets
- Review REO agent performance
- Review/counter/accept offers within guidelines
- Work with investors/insurance companies to adhere to REO guidelines
- Manage the attorney relationship in respect to REO
- Work with title companies to assure smooth closing
- Manage/coordinate the removal of assets from inventory post REO sale
- Manage invoices /property preservation (trash-outs and securing of properties)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
