Real Estate REO Marketing Real Estate REO Marketing Real Estate REO Inspections Real Estate REO Valuations Real Estate REO Management BPO/REO Agent Registration / Sign-up
Don't list your REO Asset "SELL IT " Call Janine Pumyea 978-821-7336  Massachusetts REO Broker
E-mail janine@pumyea.com
  • REO Asset Management Services

    • Initial inspection of property within 24 hours / with Occupancy  Check
    • Trash-Out & Cleaning
    • Board-up, rekey and winterization
    • Obtain detailed BPO with pictures
    • Obtain itemized bid repairs from licensed contractors
    • Order appraisal
    • Prepare and submit marketing strategy / Periodic marketing reviews
    • Activate and pay utilities and submit reimbursement documentation
    • Eviction assistance
    • Constant monitoring & supervision of all of aspects of the REO process

Janine Pumyea "REO Specialist / List Agent"                            Click here to E-mail  or call      978-821-7336   

As a full-service REO listing team, we monitor the entire foreclosure process. From - initiating first contact - contracting repair and maintenance - listing the property -to handling the closing.

  

 
REO Specialist / List Agent
  • The first point of contact for asset managers  
  • Listing agent for REO assets
  • Coordinator - cash for keys and eviction negotiations
  • Experienced investor, list agent, and buyers rep.

    Contact me @ 978-821-7336
 
 

Abacus Team works in conjunction with www.realestate-page.com in an effort to bring maximum exposure to your REO listings.

-- Abacus Team is a Keller Williams Realty Team --

Market Center Location: 680 Mechanic Street, Leominster, MA 01453
2008 All Rights Reserved  

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Centrally located to meet your needs.
 



























































































REO / BPO Services

 * Pre-Foreclosure Drive-By BPO's
 * Interior BPO's and Valuations
 * Complete Market Analyses
 * Eviction Processing
 * Comprehensive Documentation Services
 * Verify Occupancy Status 
 * Secure Vacant Properties (re-keying, sign posting, title work, contact utilities, clean up bids)
 * Property Clean-up (interior, exterior, ongoing)
 * Regular Monthly Reports 
 * Marketing the Property 
 * Offer Receipt and Presentation
 * Closing

> Contact Janine Pumyea About REO / BPO Real Estate

 


Questions About REO

Q: What does REO mean?
A: REO is an acronym for "Real Estate Owned."

Q: Why do people purchase REO properties?
A: The properties are often listed "as is." That makes them great opportunities for those who want to buy and fix up the properties and use them as a principle residence or an investment property.

Q: How is purchasing REO properties different from regular real estate purchases?
A: REO properties are owned by corporations not individuals which leads to significant differences in all aspects of the purchase.

Q: What should I know about buying at a "Trustee's Sale"?
A: Do your research before buying and use extreme caution before investing. Properties purchased at a Trustee's Sale are sold "as-is" for cash. There are no refunds.

Questions About BPO

Q: What does BPO mean?
A: BPO is an acronym for "Broker Price Opinion."

Q: Why are BPO's conducted?
A: Camille's team performs a BPO of a residential property for use in collections and loss mitigation.

Q: What is contained in a BPO report?
A: The report combines information from a drive-by exterior examination, external data sources, previous sale data, property assessment data, recent comparable sales and current neighborhood listings, as well as a photograph of the subject property.

Q: What are the advantages of a BPO?
A: BPOs significantly lower loan costs and decrease turnaround time. They also provide reliable valuations to minimize credit risk. Also, an up-to-date property photograph helps assist in identification of visible deferred maintenance.

> Contact Janine Pumyea About REO / BPO Real Estate


Banks and Mortgage Companies We May Work With:

  • Aames Capital Corp
  • Abacus Federal Savings bank
  • Aetna Real Estate Investments
  • Alaska Southern
  • Alliance Bank
  • Alliance Funding Co.
  • Amalgamated Bank
  • Amboy NB
  • American General Finance
  • American Holdings
  • Ameriquest Mortgage
  • Amresco, Inc.
  • Amsouth Bank-Residential
  • APCOM
  • Asia Bank
  • Associates Home Equities
  • AStoria Federal S&L Assoc.
  • Atlantic Mortgage & Investment
  • Baltic Realty/MetroWest Bank
  • Banc One trust Co.
  • Banc One, Dallas
  • Banco Popular de Puerto Rico
  • Bank Atlantic
  • Bank of America
  • Bank of America, Agricultural
  • Bank of America-Marketing List
  • Bank of Hawaii
  • Bank of New York
  • Bank of the Commonwealth
  • Bank of the Hudson
  • Bank One
  • BankAtlantic FSB-Comm
  • Bankers Trust Co.
  • Bankers Trust Co. of California
  • BEAL BANK SSB
  • Beneficial Mortgage Co.
  • Boston Federal Savings Bank
  • Boston Safe Deposit
  • Bridge City SB
  • Brooklyn Federal Savings Bank
  • California Fed Bank-Comm
  • California Federal Bank
  • California Korea Bank
  • Carolina First Bank
  • Carver Federal Savings
  • Cathay Bank
  • Central Carolina B&T
  • Central Funding Co.
  • Century Bank
  • CFS Bank-Columbia Federal Savings
  • Chase Manhattan Bank
  • CIGNA-Ct General Life Ins. Co.
  • Citibank N.A.
  • Citibank RE/Citicorp-Comrcl.
  • Citibank Federal Bank
  • CITIZENS NB
  • City National Bank
  • Coldwell Banker
  • Colonial Savings/Ft. Worth Mtg
  • Columbia Federal Savings
  • Comerica Bank
  • Commercial Credit Corp.
  • Community Savings, N. Palm Beach
  • Compass Bank
  • Conning ASset Mgt. Co.
  • Contimortgage Corp.
  • Countrywide Funding Corp.
  • Countrywide Home Loan
  • Crestar Mortgage Corp.
  • Crossland Mortgage Co.
  • Crown Life Insurance Co.
  • Dale Mortgage Bankers
  • Debcon Financial Services
  • Dime Savings Bank of New York
  • Dovenmuehle Mortgage
  • DOWNEY S&L ASSOCIATION
  • EMC Mortgage Corp.
  • Emigrant SAvings Bank
  • Englewood Bank
  • Epire Factors, Inc.
  • Equitable Life Assurance
  • European American Bank
  • Fairfield Financial
  • Family Savings Bank
  • Farm Credit Bank of Texas
  • Farmers & Merchants NB
  • FDIC-Field Ops Branch-Dallas
  • FDIC-Northeast Service Center
  • FDIC-Western Service Center
  • Federal Deposit Insurance
  • Federal Home Loan Mortgage
  • Federal National Mortgage
  • FGH Realty Credit Corp.
  • FHLMC
  • FHLMC-Multi-Family
  • Fidelity Federal Bank
  • Fidelity Federal Savings Bank
  • Fidelity Homestead Assoc.
  • First American Bank
  • First Bank National
  • First Bank of FL (First Fed)
  • First Central Bank
  • First Commerce Bank
  • First Commercial Mortgage
  • First Fedrl Bank of California
  • First Fidelity Thrift & Loan
  • First Mortgage Companies
  • First National Bank
  • First Nationwide Mortgage
  • First Pacific national Bank
  • First Security Bank of Utah
  • First Trust National
  • First Union Mortgage
  • First Union National
  • First Union NB
  • Firstrust Savings Bank
  • Fleet Mortgage Corp.
  • Fleet National Bank
  • FNMA
  • Ford Consumer Finance
  • FREMONT INV & LOAN-Comm
  • GE Capital Asset Mgt Corp.
  • GE Capital Mortgage
  • General Bank/GBC Realty
  • Girard Savings
  • Glendale Federal Bank
  • Glendale FS&L-Resid. USA
  • GMAC Mortgage Corp.
  • Golden National Mortgage
  • Greenport Savings Bank
  • GSL Savings Bank
  • Guardian Savings-Comml
  • Harris Trust & Savings Bank
  • Hemet Federal Savings
  • HIGHLAND FED S&L ASSOC.
  • Home Federal Savings
  • Home Savings Bank of America
  • Homeside Lending, Inc.
  • Household Bank
  • Household Finance (HFC)
  • HUD-Worcester
  • HUD-Boston
  • HUD-Lowell
  • HUD-Fitchburg
  • HUD-Athol
  • HUD-Leominster
  • HUD-Woburn
  • HUD-Haverhill
  • HUD-Springfield
  • HUD-Gardner
  • Hypo Holdings, Inc.
  • IAG Federal Credit Union
  • IMC Mortgage Bank
  • Independence Savings
  • Inland Empire National Bank
  • Irwin Mortgage Corp.
  • LaSalle Bank, FSB
  • LaSalle National Bank
  • LAUGHLIN NATIONAL BANK
  • Leehman Capital
  • Liberty Savings Bank
  • Lochaven Federal S&L Assoc.
  • Long Island Savings Bank
  • M&T Mortgage Corp.
  • Magna Mortgage
  • Marathon Oil Company
  • Marine Midland Bank
  • Marine Midland Bank, Mortgage
  • Marine Midland mortgage
  • Marquette Savings Bank
  • Maspeth Federal Savings Bank
  • Mellon Mortgage Company
  • Mercantile Bank
  • Mercantile Mortgage
  • Merchants Bank
  • Midfirst Bank
  • Mid-State Bank
  • Midwest Savings Bank
  • National Standard Mortgage
  • Nationsbanc Mortgage
  • NationsBank South National
  • NationsBank, Southeast Reg.
  • New York State Mortgage
  • North American Mortgage
  • North County Bank
  • North Fork Bank
  • North Valley Bank
  • Northwest Community Bank
  • Norwest Bank
  • Norwest Bank of Minnesota
  • Norwest Bank of New Mexico
  • Norwest Mortgage, Inc.
  • OCWEN Federal Bank
  • Oswego County Savings Bank
  • Palmetto Federal Svngs Bank
  • Pawling Savings Bank
  • People's Bank
  • PFF Bank & Trust
  • PG&E
  • PNC Mortgage Corp.
  • PNC Realty Holding Corp.
  • PNC Realty Holding-Residntl
  • Prism Properties, Inc.
  • Providian Savings Bank
  • Providian National Bank
  • Queens County Savings
  • Regions Bank
  • Reliance Federal Svngs Bank
  • Repo Properties/Swing Loans
  • Republic Bank
  • Republic National Bank
  • Residential First, Inc.
  • Resolution Trust Corp.
  • Resource Bancshares Mortgage
  • Retained Realty (Emigrant)
  • Richmond County Savings
  • Riggs NB of Washington, D.C.
  • Riverside National Bank
  • Roosevelt Savings Bank
  • Rural Econ&Comm Dev-House/CO
  • Santa Monica Bank
  • Seafirst Bank
  • Security National Services
  • Security Pacific National
  • Small Business Admin-DC Office
  • South Side NB
  • Southern Pacific Bank
  • SouthTrust Bank
  • SouthTrust Bank of SW Florida
  • Spencer Savings Bank
  • State of New York Mortgage
  • State Street Bank & Trust
  • Sumitomo Bank & Trust
  • Summit Bank
  • SunTrust Bank Central Florida
  • TCF Bank Savings
  • TERRA Commercial
  • Three Rivers B & T Co.
  • TMS Mortgage, Inc.
  • Troy Savings Bank
  • Trustmark NB
  • U.S. Trust Co.
  • Union Bank
  • Union Federal Savings Bank
  • Union Planters Bank
  • Union Planters National
  • United Companies Lending
  • United Cooperative Bank
  • USTrust
  • V&D Realty USA Corp.
  • VA-New Hampshire
  • Wall Street Mortgage
  • Washington Mutual SB/Resid REO
  • Webster Bank
  • Wells Fargo Bank, N.A.-Resid
  • Wells Fargo-Comm
  • Willshire Funding Corp.
  • Woodsville Guarantee Savings
  • World Saving & Loan
  • World S & L-Multi Family
  • World Savings & Loan
  • Yasuda Bank and Trust

> Contact Janine Pumyea About REO / BPO Real Estate




























Pumyea Associates services the following communities:
Leominster Massachusetts Real Estate, North Central Massachusetts, Realestate, Fitchburg, Leominster, Gardner, Winchendon, Ashburnham, Lancaster, Hubbardston, Lunenburg, Erving, Phillipston, Townsend, Ashby, Princeton, Warwick, Athol, Gardner, Royalston, Wendell, Ayer, Groton, New Salem, Shirley, Westminster, Baldwinville, Harvard, Orange, Sterling, Winchendon, Barre, Petersham, Templeton,


broker price opinions, broker price opinion, broker price opinion companies, portfolio due diligence,default loan sales, loan valuation, field services, value reconciliations, collateral valuation, reo management, reo marketing, bpo services, reo services, avm, foreclosures, repo homes, bank homes, reo, bpo, reo real estate, mortgage servicing, reo servicing, reo asset management, reo asset managers, reo agents, reo vendors, reo attorneys, title companies, property preservation, reo bpo services, Register for broker price opinions, reo bpo asset management, bank reo properties, bank homes repo, reo conferences, reo foreclosure homes, register for bpo services,reo Leominster, reo Fitchburg, reo gardner, reo foreclosure Massachusetts, commercial broker price opinions  New Agent Sign upContact UsREO ValuationsREO MarketingREO InspectionREO ManagementContact Us free search engine website submission top optimization 
                         

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reo Massachusetts - Google News

reo Massachusetts - Google News

Google News


01/26/2012 11:26 AM
Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ... - MarketWatch (press release)

Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ...
MarketWatch (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm, has recently expanded their default service offerings to include Rental and Property Management for properties acquired by investors or through foreclosure action or deed in lieu of foreclosure.

and more »

02/03/2012 11:27 AM
U.S. Home Prices Dip Nationally 4.7% in 2011, Says CoreLogic Report - World Property Channel

The Real Deal New York

U.S. Home Prices Dip Nationally 4.7% in 2011, Says CoreLogic Report
World Property Channel
Distressed sales include short sales and real estate owned (REO) transactions. "While overall prices declined by almost 5 percent in 2011, non-distressed prices showed only a small decrease. Until distressed sales in the market recede, ...
US property prices fell 4.7% nationwide in 2011, latest data showsProperty Wire
Nevada Home Prices Down 60 Percent Since Market PeakLoanRateUpdate (press release)

all 52 news articles »

01/27/2012 05:30 AM
Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ... - Business Wire (press release)

Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ...
Business Wire (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm, has recently expanded their default service offerings to include Rental and Property Management for properties acquired by investors or through foreclosure action or deed in lieu of foreclosure.

and more »

01/10/2012 04:14 PM
Nationwide REO Brokers, Inc. Offers Third Party Foreclosure Review and ... - MarketWatch (press release)

Nationwide REO Brokers, Inc. Offers Third Party Foreclosure Review and ...
MarketWatch (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm offers independent third party foreclosure certification services to validate legal and procedural requirements have been met, providing a loan level review and legal opinion. BRAINTREE, Mass.

and more »

02/03/2012 03:13 PM
Orlans Associates, PC and eTitle Agency Engage Cody High School Students for ... - MarketWatch (press release)

Orlans Associates, PC and eTitle Agency Engage Cody High School Students for ...
MarketWatch (press release)
About eTitle: Headquartered in Troy, Michigan, eTitle was founded in 2000 and provides title and closing services for residential, commercial and REO property transactions throughout Delaware, District of Columbia, Maryland, Massachusetts, Michigan, ...

and more »

01/11/2012 11:58 AM
Nationwide REO Brokers, Inc. Offers Third Party Foreclosure Review and ... - Business Wire (press release)

Nationwide REO Brokers, Inc. Offers Third Party Foreclosure Review and ...
Business Wire (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm offers independent third party foreclosure certification services to validate legal and procedural requirements have been met, providing a loan level review and legal opinion. BRAINTREE, Mass.


01/28/2012 12:04 PM
2012 Massachusetts Real Estate Market Survey - Patch.com (blog)

2012 Massachusetts Real Estate Market Survey
Patch.com (blog)
Rather than run a standard metrics-based market forecast this year, I decided to survey a cross-section of Massachusetts real estate realtors and mortgage professionals to hear from them on the upcoming spring and the 2012 real estate market in its ...

and more »

02/01/2012 12:12 AM
Nightlife Highlights: February 2012 - Chronogram

Nightlife Highlights: February 2012
Chronogram
North Adams, Massachusetts. February 4. Another new unit is the Weasel Walter Trio, which is headed by Chicago noise/free jazz/grindcore multi-instrumentalist Weasel Walter (Flying Luttenbachers, Hatewave, Lake of Dracula) and hits the Spotty Dog this ...


01/31/2012 02:40 PM
Reno & Cavanaugh Grows Affordable Housing and Economic Development Practice - Citybizlist (press release)

Reno & Cavanaugh Grows Affordable Housing and Economic Development Practice
Citybizlist (press release)
They also advise businesses involved in energy-related initiatives and those seeking to acquire HUD and Enterprise-owned single-family homes (REO). "Reno & Cavanaugh has an outstanding reputation in the practice of housing and real estate law," said ...


01/20/2012 08:23 AM
People's United Lags Ests, Rev Down - Daily Markets

People's United Lags Ests, Rev Down
Daily Markets
Nonperforming assets were 2.00% of total loans, REO and repossessed assets, compared with 1.88% in the previous quarter and 2.09% in the year-ago quarter. In the fourth quarter of 2011, return on average assets was 0.86% and return on average tangible ...

and more »

reo property management - Google News

reo property management - Google News

Google News


02/03/2012 03:02 PM
MBAC files Amended Technical Report for Araxá Phosphate/REO/Niobium project in ... - Sacramento Bee

MBAC files Amended Technical Report for Araxá Phosphate/REO/Niobium project in ...
Sacramento Bee
We continue to advance work on the property, having drilled over 2000 metres to date, to gain greater confidence in the composition of the deposit including overall grades and size of the deposit as well as a breakout of the separate rare earth ...

and more »

01/26/2012 11:26 AM
Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ... - MarketWatch (press release)

Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ...
MarketWatch (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm, has recently expanded their default service offerings to include Rental and Property Management for properties acquired by investors or through foreclosure action or deed in lieu of foreclosure.

and more »

01/27/2012 05:30 AM
Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ... - Business Wire (press release)

Nationwide REO Brokers, Inc. offers Rental and Property Management Services to ...
Business Wire (press release)
Nationwide REO Brokers, Inc., a Massachusetts-based firm, has recently expanded their default service offerings to include Rental and Property Management for properties acquired by investors or through foreclosure action or deed in lieu of foreclosure.

and more »

01/27/2012 07:37 PM
Trading in REO shares temporarily suspended - Irish Times

Trading in REO shares temporarily suspended
Irish Times
TRADING OF shares in UK-listed property group Real Estate Opportunities (REO), which is majority owned by Irish developer Treasury Holdings, was temporarily suspended yesterday at the company's request. This follows the appointment this week by the ...

and more »

02/01/2012 08:54 AM
Strand Development Eyes National Expansion as "Pure" Management Company - MarketWatch (press release)

Strand Development Eyes National Expansion as "Pure" Management Company
MarketWatch (press release)
The company has seen a rise in lender-owned assets seeking interim management and has taken over 22 REO properties in the past three years. "We are quite comfortable acting as both receiver and/or manager for troubled assets depending on the lenders' ...

and more »

01/26/2012 11:10 AM
Property services industry vital in preventing foreclosures: FAS - Housing Wire

PR Web (press release)

Property services industry vital in preventing foreclosures: FAS
Housing Wire
by JUSTIN T. HILLEY The Austin, Texas-based property services firm said protection and maintenance services during the pre-foreclosure process will increase. Demand for single-family REO properties from institutional investors will increase.
Field Asset Services Announces 2012 Predictions for the Field Services IndustryPR Web (press release)

all 2 news articles »

02/03/2012 10:04 PM
A real estate investing guide for 2012 - Washington Post

A real estate investing guide for 2012
Washington Post
They will often seek to reduce their risk by buying a diversified portfolio such as office or apartment buildings, commercial or industrial property, mortgage notes or even bank-owned real estate (REO). For those looking to actively manage their real ...


02/04/2012 01:58 AM
Negotiating real estate commissions - Sioux City Journal

Negotiating real estate commissions
Sioux City Journal
As home sales continue to rise, questions about real estate commissions become more frequent and important to buyers and sellers. The most common question: What is the standard rate of commission in today's market? There is no standard rate of ...


01/31/2012 03:13 PM
Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages - Bloomberg

Bloomberg

Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages
Bloomberg
“Preliminary estimates suggest that about two-fifths of Fannie Mae's REO inventory would have a cap rate above 8 percent -- sufficiently high to indicate renting the property might deliver a better loss recovery than selling the property,” the Fed ...

and more »

01/31/2012 04:02 PM
Riverview Bancorp Reports Third Quarter Results - MarketWatch (press release)

Long Island Business News

Riverview Bancorp Reports Third Quarter Results
MarketWatch (press release)
The decline from the prior year was primarily due to a decline in both gains on the sale of REO properties and gains on sale of loans held for sale. Fee income for Riverview Asset Management Corp. ("RAMCorp"), a trust company subsidiary of the Bank, ...
Stonegate Bank Reports Net Income of $2.8 Million for Fourth Quarter 2011Marketwire (press release)

all 218 news articles »