Olympus Asset Management Company
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Scarborough, Maine

Menu of REO Asset Management and Disposition Services

Pre-Marketing:
Selection of qualified REO Listing Broker within subject proximity from established nationwide networks
Monitor redemption periods
Cash-for-Keys
Eviction coordination
Lock-out and personal property storage
Periodic vacancy inspections as agreed
Secure, re-key and winterization as required
Order Listing Broker BPO
Order secondary valuations as specified from client vendor

Marketing:
Expert reconciliation of values
Order third opinion of value if necessary
Make professional recommendations regarding potential health and safety repairs/hazardous materials
Provide expert analysis regarding cost benefit/risks of "as is" vs. repaired marketing strategy, original listing price, budget considerations, and special marketing programs/incentives
Oversight of marketing strategy implementation
Monitoring of sales activity
Proactive marketing recommendations to increase activity if required


Offer Management:
Experienced, diligent offer negotiation
Approval and acceptance within designated authority levels
Contract review and execution with limited Power of Attorney delegation

Title Review/Curative and Closing Services:
Title procurement and curative assistance
Mobile Home Title curative
Closing Agent coordination and facilitation
Review of the HUD 1 Settlement Statements for accuracy and approval when authorized

Reporting:
On line electronic monthly status reports
Timeline management and performance standards monitoring reports
Daily web-based client access of portfolio review and analysis
Exception reporting

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