BankOwnedMart.com

OCBankREO.com

BankOwnedMart can provide full-service REO Management, Marketing and Sales using our in-house staff. Our systems are scalable using trained outsourcing talent for larger assignments. We provide the following REO services:

* Accurate Broker Price Opinions (BPO)

* Vacancy and Lock Out Services

* Repairs & Utilities Management

* Unmatched REO Marketing and Sales

Serving Orange, Los Angeles and San Diego Counties, CA - and Beyond...

SERVICES WE PROVIDE:
Our systems, techniques and marketing is geared to provide:

Banks
Asset Management Companies
Financial Institutions
and other Corporate clients

with a one stop shop that will provide results within your time lines and get the job done right the first time. Here is a list of some of the more important services we provide you:

Broker Price Opinion (BPO) completion in 24 to 36 Hours.
Digital Photos and Occupancy Verification.
Secure and re-key all properties.
Cash for Keys to expedite Evacuation.
Coordination with our eviction Attorneys, or Banks eviction Attorneys as needed.
Clean and Trash-Out using our pre-screened list of contractors and service providers.
Obtain multiple bids and expedite and supervise work till completion.
Lawn Maintenance.
Utility turn-on/off.
Before and After Digital photos.
Powerful marketing plan with unmatched Internet advertising (see below for more details)
Weekly report of showings.
Periodic Property Inspections
Weekly regional marketing statistic and neighborhood market statistics.
Open House marketing.
Experienced negotiations.

WHY CHOOSE THE BANKOWNEDMART TEAM TO MARKET AND SELL YOUR REO ASSETS ?
We have developed a specialized and unique marketing programs for the Fast and Successful disposition of Residential REO Properties. Our systems include: 1.) Timely and accurate Broker Price Opinion (BPO) 2.) Powerful internet focused marketing plan to facilitate a relatively quick sale for the highest price possible. 2.) Keeping you informed on a weekly basis with current local real estate market statistics. 3.) Oversee the renovation of any REO asset if need be. 4.) Closely manage and expedite the sales escrow process to insure a timely close.

Today, over 80% of all Buyers begin their search on the Internet. Our Internet focused real estate marketing program maximizes the advertising of our listings and produces results. You won't find another Realtor in Orange County, CA. who can provide Internet real estate marketing effectiveness that we can...

THE PROBLEM:
REO managers have their hands full. Financial Institutions have seen their REO portfolio increase substantially in the recent past. These properties do not provide the cash flow that institutional lenders expect. The word "Foreclosure" means losing money in many cases.

THE SOLUTION:
Our REO Management-Marketing-Sales plan will get the REO properties sold. We provide unmatched internet marketing exposure of REO listings. Plus our analytic skills will provide a timely and realistic BPO, and we'll tightly supervise the evacuation, clean-up and/or renovation of the property.

OUR COMMITMENT:
The BankOwnedMart Team is committed to being able to provide accurate and professional representation to its clients in the disposition of their REO properties. We have over 14 years experience in working with REO properties, foreclosures, renovations and marketing and sales.

By offering your company our expertise in this area, you can reduce the losses on your books, and together make a difference in the local economy by helping to maintain nice communities, helping to maintain market values and providing homes to more buyers. You will find that we exemplify dedication, efficiency and drive. "We Treat your REO Properties As If They Were Our Own!"

PROPERTY EVALUATION, MANAGEMENT AND RENOVATION EXPERIENCE:
Mr. Bindi has overseen and expedited the renovation of over 90 bank repossessed and foreclosure homes, and supervised the construction of over 400 homes. He produces quick and accurate Broker Price Opinions (BPO) completed in 24 to 36 Hours. Mr. Bindi has supervised and expedited the evacuation of numerous distressed properties via legal eviction or using the 'Cash for Keys' approach. He has obtained numerous bids and supervised renovations on hundreds of homes in need of repairs.

MARKETING AND SALES EXPERTISE:
We employ traditional as well as modern high tech marketing techniques in order to get top dollar in a reasonable period of time for our Clients properties. Using our computer technology background from the 1980's, we utilizes the latest in computer and Internet technologies to maximize the advertising exposure to all homes that he markets for sale. Real Estate advertising has changed dramatically in the past 5 years, and it's crucial to use the right media to attract buyers - and that media is the Internet. Today, over 80% of all home Buyers begin their home search on the Internet. Our multiple websites and real estate Blog, high search engine ranking, extensive vertical search advertising, enhanced listings on Realtor.com... and more, delivers an unmatched, high impact marketing program. Our creative marketing techniques, highly effective Internet advertising, analytical expertise, superb negotiating skills and dogged persistence delivers unmatched service to property Sellers in today's new market dynamics.

MARKET RESEARCH AND PROPERTY INSPECTIONS:
We have been gathering pertinent market statistics on a weekly basis for the Orange County real estate market since July of 2002'. This analysis includes home for sale Inventory, Rate of Sales, Price per Square Foot and the all important Months of Inventory. This insightful information is very useful when it is time to make pricing decisions and during contract negotiations. We make routine property inspections to insure that the property is showing it's best and to minimize the probability of vandalism on vacant homes.

TEAM APPROACH:
The BankOnwedMart team consists of two principals, Mr. Bindi who holds a Brokers License and past General Contractors license, and Nick Roshdieh who has won numerous awards for Sales production. Our team also consist of four other licensed Real Estate Agents, a REO Transaction supervisor, a REO Marketing assistant, and two field coordinators. Our systems are scalable. We have at our disposal REO experienced and trained licensed Realtors ready on short notice to add to our staff, in order to handle large volume of REO sales and management.

EXPERIENCE:
The principals and core partners of the BankOwnedMart team have sold over 2,000 REO properties for some of the Nations largest Banks such as: Countrywide, Chase, Wells-Fargo, GMAC, WAMU and others. Our systems are scalable - We have a ready, trained and able staff of licensed Realtors ready on short notice, that allows us to handle large volume of REO sales and management.

BIO FOR VINCENT BINDI:
Mr. Bindi has over 17 years of real estate experience, and holds a Real Estate Brokers License in the state of California. Mr. Bindi has received numerous awards for sales production, and earned a Bachelors of Science degree from the University of Missouri and Masters degree from Purdue University. Mr. Bindi used to hold a General Contractors license, is an authorized and trained REO Real Estate Broker.

BIO FOR NICK ROSHDIEH:
Roshdieh is a licensed Realtor and has over 10 years of real estate experience. Roshdieh is a nationally recognized expert in the Southern California real estate market. With a background in sales and marketing, and as a successful entrepreneur, Roshdieh has sold over 900 homes. His aggressive sales style, and extreme discipline, results in an unmatched closing ratio. Mr. Roshdieh is a superb negotiator who is well-respected in the industry.

The REOBenefit Team