REO / Asset Management

As the founder of Aplomb Real Estate, Rochelle Jones is experienced in every facet of default property management. With a vast knowledge of REO and corporate owned properties knowledge, experience and a full supporting staff he has managed the sale of thousands of properties over the years. He is consistently sought after and retained for his expertise and wide-range of services he provides at no additional cost.

Our REO Services include but not limited to:

  • Routine property inspections
  • Detailed photos and video upon intake of every property
  • Thorough broker price opinion
  • Assistance with evictions, sheriff lockout, negotiation of cash for keys etc…
  • Full property preservation services
  • A trusted network of vendors to provide multiple bids for small to complete rehab projects
  • Attain and secure property access
  • Full Marketing Service with professional photography
  • Property utilities and billing management
  • Monthly marketing reports
  • Detailed listing and showing activity reports
  • Immediately present all offers along with offer negotiations
  • Contract to Close services 

 Servicing the Greater Houston and Dallas Metroplex

If you don’t see the service area you are looking for, we have a network of REO Brokers strategically located throughout the United States that we can refer you to for further assistance.

 

**Points of Reference** 

OCCUPANCY STATUS
Upon initial assignment, our team gets to work. A Blue Dot representative inspects the property and submits an occupancy status report to our client within 24 hours. If the property is in Redemption/Confirmation status, we wait for an OK from our client to contact the current occupants. If the property is NOT in Redemption/Confirmation status and found to be occupied, we will obtain any information related to the tenancy occupants have. We are sensitive to complying with the PTFA and all other local applicable laws.

During the occupancy period we will perform no less than weekly drive-by inspections and note any material changes at the property. We will also provide a drive-by BPO within five calendar days of the assignment and include at least one exterior photo of the subject property. Once the property is assigned to us, be assured we are taking care of all necessary tasks immediately.


VACANT PROPERTY REGISTRATION
If we find the property is unoccupied, we complete the vacant property registration. We work closely with our clients and confirm the proper registration documents have been filed in accordance with local laws and requirements. Our prompt action and frequent, clear communication with involved parties sets us apart.


HOAS
We are able to transfer utilities into our name and pay advance payments for such utilities, with client approval. We also make certain the HOA, if applicable, is notified and those contacts are current. Because of the transaction management software we use, RIO Genesis, we have an extensive database of current information for HOAs across the country.

We will work with our client to get a monthly itemized statement from the HOA to include enumerated fees and assessments that are allowable under applicable ordinance or bylaws.


VALUATIONS/BPOS
We understand there are many steps to preparing a property and it starts with the initial evaluation. We think of it as our “hello” in building our relationship with you and those involved in this property transaction. We want you to earn your trust by adhering to our values and proving our reputation.

Once a property is assigned, we complete interior BPO within five days. If the property is occupied, know that out of respect for the occupants, we will complete an exterior BPO within the same five days of assignment. Our valuations include full exterior and interior inspections and photos, descriptions of the market area, sales and listing comps with photos, as well as repair estimates. These prompt actions ensure you are never out of the loop on our progress.


REPAIRS
Distressed, foreclosure, REO properties need extra TLC and an extra budget. Blue Dot’s REO Division is prepared to handle all of the repairs and keep track of expenses for you. Having the ability to meet the guidelines for various repairs and maintenance requirements allows us to stay on task, on time, on budget. Many tasks and repairs require a daily drive-by to ensure the quality and completion of tasks. We document everything with receipts and photos and have the available to you as part of our transaction online. You will have access to view these photos, documents and notes.

When a task requires more than one bid, we are able to pull from our extensive, reputable vendor list for comparisons. We are also able to include you at any step in the process as required. You may not want to be in the loop for every correspondence, but you are in control.

Let’s Talk

You’ve got questions and we can’t wait to answer them.

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