Real Estate Owned Lender Service OREO-REO Lender Services offers REO Lender Services to commercial banks, credit unions, mortgage bankers, and private money lenders throughout Southern California.

Our President and CEO, Michael Chulak, was responsible for selling and managing the foreclosed properties of Imperial Bank, Imperial Thrift and Loan, First Pacific Bank of Beverly Hills, and Union America Mortgage and Equity Trust before he founded Pacific-Realtors. net and its affiliates. can assist you by managing and selling your REOS including single family homes, condominiums, office and medical office buildings, retail properties, apartments, and land. The property management fees can be paid from escrow when the property is sold, reducing your administrative costs.

Our maintenance and construction affiliate can make any required repairs or improvements, and likewise, payment can be made from escrow.

Our property management service includes all of the services you would expect to receive from a first-rate, full-service management company plus the following additional services:

  • Securing the property and rekeying it,
  • Arranging to have a cleaning company and/or hauling company do any work that is required,
  • Arranging to have security cameras and installed,
  • Coordinating unlawful detainer actions when required,
  • Arranging for utility services,
  • Obtaining roof inspections,
  • Arranging a termite report,
  • Providing weekly inspection reports,
  • Making certain that the property is habitable and mold free, and
  • Preparing a Broker Price Opinion (BPO) and updating it after any repairs and/or upgrades are completed.