REO Property Preservation

LAMCO has high quality service providers to support your needs anywhere in the country. LAMCO REO asset managers administer the maintenance and repair of our clients’ REO properties including obtaining approval on all repairs and budgets, obtaining bids, review and analysis of bids, selection of vendors and oversight of the property preservation tasks. Common services include:

• Securing the property and lock changes
• Property clean-out
• Winterization
• Basic property maintenance, lawn care and snow removal
• Environmental maintenance

LAMCO’s repair contractors and property and maintenance vendors are managed using a comprehensive vendor management system and scorecard to ensure that REO property preservation services are delivered according to the timeframes and costs established within client service level agreements.