Foreclosure Asset Services Team
Services
- Conventional Brokerage
- Auction Services
- Pre-Foreclosure Advisory
- Asset Valuation
- Asset Management
- Marketing
- Consulting
- Debtor/Creditor Workout
Expertise
BANDIER Realty Partners Foreclosure Asset Services Team "FAST" exclusively represents lenders, banks, mortgagees, and distressed owners with debtor/creditor workouts or the marketing and ultimate disposition of non-performing loans or REO commercial assets in the Southwest Region. For years our clients have depended on us to maximize liquidity and mitigate loss as a result of our track record of reliability and consistency in out-performing expectations. Our proven systematic approach begins at the pre-foreclosure stage and continues through the sale and transfer of the property.
Proprietary Approach
Our multi-tiered marketing approach has been perfected to package and market assets to a deep pool of qualified buyers all over the country ranging from end-users, REO investors, the brokerage community, and/or private and public capital sources. The FAST team will customize a marketing program to best fit the applicable property. Our accelerated method of disposition focuses on quality cash buyers with a proven track record and financial wherewithal to guarantee a rapid closing. BANDIER uses an extremely effective combination of websites such as HoustonCommercialForeclosures.com and TexasCommercialForeclosures.com, foot canvassing, cold-calling, professional e-marketing, internet promotion, e-mail campaigns and print advertising to maximize exposure to a large and growing pool of qualified buyers. BANDIER'S proven method of information sharing drives maximum exposure for our projects.
Process
BANDIER's proprietary asset management and commercial foreclosure marketing approach ensures a seamless liquidation of the special asset while achieving a sales price at, or as close to current market economics as possible. Our objective is to enable our clients to hand off the file knowing that all the necessary details will be handled from commencement to conclusion. We appreciate the importance of our client's time and understand this specific asset may be one of many files they are overseeing. Thus, our in-depth experience will ensure a smooth transaction minimizing the necessity of our client's valuable attention.
Auction Services
BANDIER’s national partnership with Sage Auction Solutions, a 30 plus year old Auction Firm, provides an alternative method to dispose of a property in an expedited and deliberate manner. Borrowers and Lenders frequently employ us to utilize this method to achieve the highest possible price in a pre-determined time-frame.
Auction Program Types
- Open Outcry
- Sealed Bid
- Structured Asset
Auction Program Methods
- Absolute
- Reserve
- Minimum Bid
Seller’s Benefits
- Seller controls the process
- Timing: List to close in 90 days or less
- Carrying costs minimized
- All due diligence done up front
- Contract can be contingent free
- All interested parties compete at same time
- Earnest money is immediately "hard"
- No limit to Upside Potential
- Competition between buyers
Buyer’s Benefits
- Auction means the property will be sold
- Property will be sold on specific date
- All due diligence has been pre-packaged for ease of review
- High bidder knows the price paid was market driven
- High bidder knows how much he paid over other bidders
- All terms and conditions are pre-agreed for smooth closing
Experience and Research
Set Us Apart
Our extensive research and expertise in the special asset and commercial
Bank REO markets allows us to follow commercial assets from the
pre-foreclosure phase through
post-foreclosure sale.
We will help limit the learning curve related to seeking quality REO or foreclosed commercial properties.
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