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ASSET MANAGEMENT DIVISION
Prestige Properties Asset Management (PPAM) division is a leader in the industry, representing large and small lenders throughout the country.
It is Connecticut's largest independent REO firm providing statewide service with seven offices in all counties. PPAM has listed, sold and closed over 30,000 REO properties. An REO is a property that goes back to the mortgage company after an unsuccessful foreclosure auction.
We manage your account through a "team" effort with a dedicated leader as your single point of contact. Since our clients have specific needs, we tailor our services to your account while remaining flexible in adapting to industry changes. PPAM staff stays up-to-date with current Connecticut eviction, foreclosure and tenancy laws.
You benefit not only from our REO expertise, but also the marketing resources and asset management of our sales office—one of the largest independent residential real estate firms in the state. Our residential agents have been specially trained to sell REO's and have an understanding of "As Is" restrictions in contracts, verification of funds, credit and pre-qualifications and corporate addenda.
We have developed and maintain exclusive rights to "Office Tracker"—a networked tracking system that enables us to fully monitor the statuses of all assets at all times.
Prestige Properties maintains memberships in every Multiple Listing Service through every Board of Realtors in Connecticut. This assures clients receive maximum exposure in the proper MLS. Plus, all listed REO's are available on our Web site.
PPAM is at the leading edge of the REO asset management and marketing industry. We know what it takes to get your REO on the market and sold at the highest and best value. Contact us regarding your needs today.
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