With the collapse of the real estate market, many residential homes are forced into foreclosure, passed over at auctions and reverted back to the lending institution. Crowley & Cummings as REO Attorneys provide comprehensive real estate services to national lenders, mortgage companies, REO brokers and other professionals in Massachusetts or throughout New England.
Comprehensive REO Services
Lenders who have acquired REO property through foreclosure or a deed in lieu of foreclosure face lost profit until the property is re-sold. While many times, REO properties are sold as-is, there occasionally may be the need to make repairs or other accommodations to compete with the current housing market. At Crowley & Cummings, our lawyers advise lenders on these issues and provide services to facilitate a smooth sale and closing. Our REO services include:
- Counsel on REO properties
- Full title examinations
- Resolve complex title issues
- Negotiate purchase and sale between the lender (seller) and new buyer
- Deed preparation
- Seller representation at real estate closing
- Other REO services
As experienced attorneys, we are capable of resolving REO issues while ensuring our client maintains compliance with Massachusetts' laws. Our dedicated REO staff guarantees seventy-two hour turnaround service on title examinations for REO properties in Massachusetts.
Contact our Massachusetts Real Estate Attorneys