REO / Bank Owned
At Barrett Realty we are proud of our REO Team. Barrett Realty has been a key agency in the bank owned property business for several years. We take pride in the responsibility of helping place distressed properties back on the market. We value the relationships we establish with Financial Institutions, Asset Managers, Investors and Buyers alike. We enjoy working with our service providers from start to finish; we tailor our services to meet the client’s needs. Our team of experts works closely together to return a distressed asset to a turnkey ready home for owner occupant buyers or readying the property for quick market by providing an opportunity to investors.
At Barrett Realty we take the "LIP" approach to property management.
We accomplish this by identifying any life safety issues and hazards and rapidly correcting them. Our profession relationships with code enforcement agencies, County entities, and contractors to help stabilize the property, and get it ready for marketing. As we maintain the property, communicate with our vendors, and work to get the best possible return on the asset. You will know the difference when working with the Barrett Realty REO Team.