REO Asset Management

We assist our clients with the disposal and sale of excess commercial and residential assets. A separate REO Asset Management Divsion was formed in 2000. We manage, market and provide property preservation services on behalf of our clients throughout the state of Maryland.


 

  

Case Statements

Real Estate Owned (REO) Asset Management

Agency:

Maryland Department of Housing and Community Development,
Community Development Administration.

Location:

Providing Services in all 28 Counties in the state of Maryland

Type of Services:

Brokerage, Sales and Marketing, Property Preservation, Asset
Management
Scope of Services: Managing and marketing of real estate owned (REO)
assets for Maryland Department of Housing and
Community Development (DHCD).

Services Provided:

  • Occupancy status
  • Property preservation
  • Property condition reports
  • Sales and marketing
  • Monthly status reports
  • Broker Price Opinion (BPO)
  • Solicited contractor bids
  • Maintaining real time data base
    		•
  • Regularly scheduled property Inspections
  • Coordination of all activities necessary for a
        successful closing
  • Maintain accurate hard and electronic copies of
        records on each property for 7 years
  • Advance the cost of expenses related to property
        preservation on a reimbursable basis
  • Coordinated all contractor activity from basic
        property preservation to property renovations.

    •  

    Agency:

    Federal Home Loan Mortgage Corporation (Freddie Mac), HomeSteps Program.

    Location:

    Baltimore City
    Baltimore County
    Carol County
    Anne Arundel County
    Prince Georges County
    Howard County
    Harford County

    Type of Services:

    Brokerage, Sales and Marketing, Property Preservation,
    Asset Management
    Scope of Services: Managing and marketing of real estate owned (REO)
    assets for Federal Home Mortgage Corp. (Freddie MAC).

    Services Provided:

  • Occupancy status
  • Property preservation
  • Property condition reports
  • Sales and marketing
  • Monthly status reports
  • Broker Price Opinion (BPO)
  • Cash-for-keys
  • Coordination of evictions
  • Solicited contractor bids
  • Regularly scheduled property Inspections
  • Maintaining real time data base
  • Coordination of all activities necessary for a
        successful closing
  • Maintain accurate hard and electronic copies
        of records on each property for 7 years
  • Advance the cost of expenses related to
        property preservation on a reimbursable basis
  • Coordinated all contractor activity from basic
        property preservation to property renovations.

    •  

    Services

     

    Commercial
    Government

    Development
    Residential
    REO Asset Management


     


     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    About Us

    ROC Realty Group is a full service real estate advisory firm, providing strategic planning and asset management services for commercial, government-controlled, and residential properties.
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    Services

    Our full-service brokerage firm provides advisory services for all of your real estate needs:
    Commercial - Quality Value Added Representation, Strong National Strategic Partners.
    Government - Efficient, Cost-Effective, Value-Oriented Services.
    Development - Vast Market Knowledge, Superior Management Resources, Creative And Solutions Oriented.
    Residential - Your new home awaits you!
    REO Asset Management - We manage, market and provide property preservation services.