REO Services

Thresa Steidlmayer, team leader of the Steidlmayer Real Estate Team and the head of the REO Division.  She personally oversees all REO Assets from start to finish with the assistance of her highly trained REO staff and licensed team.  The Steidlmayer team is comprised of unsurpassed real estate knowledge, exceptional negotiation skills and an impeccable  understanding of market conditions.

We surpass our competition with our state of the art technology, cutting edge marketing, and flawless contract negotiations – all coupled with a very high level of integrity.  We know we are our clients Eyes and Ears in the local marketplace.  We take this duty very seriously and handle all items with the utmost care, competence, and ethics.  Our clients appreciate our professionalism, unparalleled expertise, our consistency in our organized process this  is delivered for each and every transaction.

The Steidlmayer Real Estate Team has overseen assets with many of the Industries top lenders, servicers and asset management firms such as:

PAS Premier Asset Services, Fannie Mae, Bank of America (First Preston), Citi Residential, Indy Mac Construction Division, Chrisley Asset Management, Litton Loan LP, Green River Capital, Guarantee Bank now Compass Bank, Res.net, USRES, REOTrans/Equator, Single Source Property Solutions, and Nationwide REO Brokers.

The Steidlmayer Real Estate Team’s high level of success within the default industry can be attributed to her team’s superb market knowledge, ability to provide “spot on” accurate pricing,  Effective marketing plans and respected reputation in the marketplace which allows them to quickly price, market and close properties.
property Analysis, Set-Up, Negotiation and Escrow

-Occupancy reports and contact made within 24 hours of assignment

-Cash for keys negations, (Thresa and the team consistently achieve a 90% success rate on CFK negotiations through a compassionate and tenacious approach to relocation assistance (CFK).

-Securing, re-keying, and winterization as required

-Assessing required maintenance, trash outs, cosmetic repairs to remodels

-Full BPO/Market analysis with exterior and interior photos available within 48 hours of access and or assignment

-Initiating and maintaining all maintenance services as needed.

-Obtaining updated title reports- tax records etc.

-Determine HOA and obtaining status of dues and assessments

-Present analysis of the BPO, listing “as is” vs. “repaired”, and direction of current local market conditions with market specific recommendations

-On-going review of the market conditions and  Monthly Status reports

-Presentation of clean, completed purchase agreements with all required addendums, buyer loan approvals from required sources, deposit checks, Proof of funds.

-Coordination of complete escrow process and timely closings

-Reporting and Accounting of associated costs

-Submit complete closing file and final invoices within client specific timelines.

** Any other client specific requirements can be accommodated

We are currently accepting new clients needing professional assistance for dispersing of REO assets in Northern CA, Contact Thresa Steidlmayer, Team leader 530-713-2101 or 530-674-4788.