Default Resource, a company offering collateral valuation and inspections, real estate owned (REO) management and related services, has released Asset Surveillance Report (ASR), a product that inspects and oversees the work performed by REO and short sale listing agents. The new report will be offered through the company's Mark To Market valuation division.
Through the Asset Surveillance Report, Mark To Market sends out independent inspectors to listed REO homes. The inspection agents report back if the home is being properly maintained, has visible yard signage, has a lockbox in place, is listed appropriately in the MLS and the appropriate marketing materials are available in the home. Any hazardous conditions are detailed in the report, which also includes photos of the property.
SOURCE: Default Resource