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REO's
WE LIST, MANAGE and SELL REO properties throughout San Diego County.
The benefit of listing your REO’s with the Kehr Real Estate Group is we have a database of over 1000 investors we represent directly, reaching many more BUYERS than most Realtors have access to!
With over 30 years of combined Real Estate experience the Kehr Real Estate Group has serviced all types of Real Estate markets including REO’s, short sales and foreclosures.
Our REO division is set up to work directly with banks to help them dispose of REO property. Below are a list of the services we provide:
1. Eviction process
2. Perform BPO’s (Broker Price Opinion)
3. Help remove any liens on the property, if needed
4. Secure and re-key all properties, as needed
5. Advise and assist in arranging a team of contractors, cleaning companies, etc. to
get property market ready.
6. Order utilities to be shut on and off
7. List all properties in the local MLS system
REO QUESTIONS
Q: What does an REO mean?
A: An REO is an acronym for ‘Real Estate Owned’
Q: Why is it beneficial for me to buy an REO?
A: Because most of the properties are priced to sell ! The banks do not want them on their books long so they are typically priced below current market value. Also these homes are sold ‘as is’ which makes a great opportunity for ‘value add’ and to buy the property in its present state, fix it up and either hold or sell it.
Q: I have been trying to buy an REO and there are multiple offers and I can’t seem to get mine accepted, why?
A: You need to work with an REO specialist. The REO buying process is MUCH DIFFERENT than buying a regular home. It takes a specialist to guide you, negotiate for you and get your offer accepted.
BPO SERVICES
We offer BPO’s to lenders, financial institutions and Wall Street investors throughout San Diego County.
BPO QUESTIONS
Q: What is a BPO?
A: A BPO means a Broker Price Opinion.
Q: Why do you do a BPO?
A: BPO’s are mainly performed for the asset management company prior to getting a listing. This is to determine the homes current market value.
ATTENTION LENDERS, ASSET MANAGERS and ALL FINANCIAL INSTITUTIONS: our BPO turnaround time is 24-48 hours!
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