REO Services

With the support of highly trained and experienced staff, DDA is able to provide a wide array of services to meet the needs of REO transactions. Our desire is to provide each bank and their asset management company with exceptional service thereby streamlining the REO process.

We specialize in the preparation of BPOs in 24 hours, coordination of contractors, communication with asset 

managers on a consistent basis and maintenance of all properties with on-site visits at least once a week by a member of our dedicated staff. Our efficient and effective procedures along with regular communication havecontributed to our quarterly performance scorecards achieving 95%-100% positive reviews.

Each of our REO Specialists is trained and has experience on both sides of the transaction. This enables them to provide you with a well-rounded perspective and to anticipate buyers’ needs. Our in-depth knowledge of the ever evolving market ensures not only a smooth 

transaction, but a profitable one!

Superior services equal superior results; on average our REO properties sell within 30 days!

Pre-Marketing Services:

·         Verify occupancy status

·         Relocation assistance to occupants

·         Negotiate cash for keys

·         On site supervision of evictions

·         Re-key/secure property

·         Pre/Post trash out photo addendum/reports

·         Initial BPO within 24 hours

·         Connecting all utilities in our company name

·         Coordinating trash-out & cleaning

·         Coordination of winterization/de-winterization

·         Evaluate initial repairs/obtain repair bids

·         Supervise and inspect all repairs for quality of

- Work and completion

·         Established working relationships with numerous

- Licensed contractors

·         Schedule cleanings for market preparation

·         Maintain regular communication with Settlement Company

In addition to the Pre-Marketing Services, the REO Team provides continued BPO updates and reports along with ongoing marketing services.

Our team has specialized in Marketing & Sales of REO properties for more than 2 years and pride ourselves on providing timely, accurate and reliable service. We have a dedicated and professional team in place to handle all of your REO and BPO needs. Our services include REO sales, accurate BPO's, securing properties, negotiating Cash 4 keys, organizing repairs, connecting utilities and vendor management. We have a long list of happy clients and referrals available upon request. Ranked in the top 1% of Real Estate teams in the nation¹, and a Top Producer in Northern Virginia², we not only have extensive market knowledge but also work with an array of qualified buyers looking to gain sweat equity in an REO property.