Tateasa Adams
Buford, GA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
True Solution
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Startup
Location:
Buford
Industry:
Real Estate
Year Founded:
2008
Number Employees:
1-10 people
Description:
Our goal is to maintain the value of foreclosed properties. We accomplish that by hiring licensed home inspectors who monitor and police the homes on a weekly basis. As you know the financial industry has been overwhelmed with vandalism and damaged homes, which they are increasingly being held responsible for. Example: In Boston and some California cities, the government is enforcing fines on banks for vacant homes that are vandalized and become an eyesore or a danger to the community. This movement to hold lenders accountable for vacant REOs is sweeping the nation.
WE PREVENT SUCH THINGS.
By preventing and/or stopping vandalism we increase the ultimate liquidation value of the homes in your REO portfolio, allowing them to be sold at the bank's desired price. We help the lender avoid deeply discounting homes tens of thousands of dollars due to broken windows, stolen components, or other evidence of vandalism.