DS News - Digital Archives

August, 2012

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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SPECIAL ADVERTORIAL SECTION VALUATION USRES Nationwide coverage USRES, INC. CORPORATE DETAILS: 25520 Commercentre Drive | Lake Forest, CA 92630 | 800.760.7036 | USRES.com BUSINESS SCOPE: US Real Estate Services, Inc. Lake Forest, California Corporate Headquarters key personnel Keith Guenther CEO Todd Mobraten President and COO Bill Colby Business Development Manager Garrett Mays VP of Vendor Management Kiann Suess VP of REO STAFFING: » Number of employees: Approx. 250 » Vendor network: More than 25,000 experienced and graded real estate agents and more than 12,000 appraisers corpor ate profile BUSINESS LINES/SERVICES: Property Valuations » » » » » » 2055 Exterior Appraisal 1004 URAR Full Appraisal Reconciled Market Value Exterior/Interior BPOs Comparative Market Analysis Rental Survey REO Disposition » » » » » » » » » » » » » » 68 Inspections Redemption Management Eviction Services & Management Property Preservation & Management BPO/Appraisal Valuations Reconciled Market Value Property Management Vacant Building Registration Title Management Offer Negotiation Contract Processing Closing Services HOA Services Tax Services KEYS TO SUCCESS: More than 20 years in business (USRES) recognizes that real estate is an asset. Each of those assets has a significant investment that demands the best ROI possible. USRES treats each asset as if it were its own, looking for vulnerabilities in each process the company completes and ensuring losses are minimized. USRES has a proven track record of being one of the best in providing quality services and products, with competitive turn ratios and pricing. has given executive management the ability to adapt in this cyclical and, many times, unpredictable market. Extensive resources, flexible strategies, and experienced staff give USRES a competitive advantage by allowing the company to adapt to change and all customer types. COMPANY HISTORY: Founded in 1991, in the midst of a national, economic crisis, USRES served as a key component to mortgage servicers and investors to valuate foreclosed assets and liquidate growing REO inventory. USRES provides a mixed tool bag of valuation products including broker price opinions (BPOs), appraisals, rental surveys, value reconciliations, data-driven valuations, and reconciled market values. In addition, USRES provides extensive liquidation services such as REO disposition, as well as supports a la carte services including HOA management, eviction management, and property tax coordination. CONTACT INFO: Bill Colby Business Development Manager 949.598.9920 bill.colby@usres.com "USRES values me as a partner in the process. Their people return phone calls and care about the details. I've worked for the rest, but choose to work for the best: USRES." - Katherine Nickerson, Realtor, Northern California COMPETITIVE ADVANTAGE: » USRES consistently receives high "reliability" scores from third-party reviews, with top servicing clients ranking the company as one of their top three performing vendors. » All values go through a rigorous review process by USRES' in-house staff of certified appraisers to provide its customers with a validated fair market value for each asset. » USRES requires a competitive market analysis (CMA) to be attached to every value, which presents a snapshot of the current market and insight into how agents did their comp search by providing an MLS comp search. In addition, it helps indicate if an agent is artificially steering a value. » USRES offers resolution of market value (RMV). If the company conducts multiple valuations (two BPOs, or BPO and appraisal), it will work to get the values within tolerance within standard timelines at no extra cost. »Services are transparent and flexible. » USRES is a registered appraisal management company (AMC) in all required states. » All industry-compliant forms can be provided. » Orders are accepted batched, via email, or through the company's internal platform, RES.NET. » All delivery styles are accepted, and results are delivered in whatever format the client requires. "The team here at Expect Realty understands the key to great success in the REO world is communication with our clients. The website and software used to gather information for our clients, as well as keeping the communication open with deadline tasks, are needed in the everchanging industry. Working with USRES has always been a win-win for our company. If you just call them, you will always get someone live on the phone. Thanks, USRES, for always being available." - John Monino, Broker, Expect Realty

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