REO Management
Ocwen's REO Management Services Team oversees the entire sales
process on foreclosed properties. Ocwen has been managing REO sales
since it's inception and has managed over 9000 properties in the
past year. Ocwen's established infrastructure, advanced technology
and vast experience can provide our customers with a more effective
and efficient means of doing business.
Ocwen's proven capabilities can turn your non-income producing
assets into cash. On average, the cost to carry a property is equal
to 1.5% of its value per month. Ocwen's disposition timeline averages
5.1 months; 15% faster than the industry goal and with net proceeds
exceeding 93% of the appraised value. In an industry where time
is money, that can equate to significant savings.
Ocwen services include:
- Property value assessments
- Contracting repair services
- Realtor location and management
- Final sale price negotiation
- Transaction closing oversight
The REO process is monitored through the REALServicing®
system, a residential workflow management software package that
tracks foreclosed property from the time it becomes REO through
the property's final sale and financial close. Developed by Ocwen,
the REALServicing system is a comprehensive software solution that
manages the entire lifecycle of a residential loan.
Questions about residential REO properties?
On all questions and/or concerns regarding a property currently
listed for sale on this site, or to make an offer on a property,
please contact the listing agent assigned to that property. If a
property is not currently listed on this site, it may not be available
for sale at this time.
Residential Properties for Sale (REO)
View Properties
for Sale
REO Phone: 877-226-2936
E-mail: residentialREO@ocwen.com
VA Properties for Sale (VAREO)
View VA Properties
for Sale
VAREO Phone: 800-523-9479, Option 5
E-mail: VAREOSales@ocwen.com
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Services
