Why Kingsford Housing? Expert REO Property Acquisition Services for Real Estate Brokers & Bank Asset Managers
Kingsford Housing specializes in acquiring non-performing, distressed REO assets. Our experience and problem-solving skills allow us to work through issues that normally hold up the sales process. We resolve title issues. We take on properties that are in states of utter disrepair. We buy properties “as is” and aren’t concerned about warranties or guarantees.
For Real Estate Brokers/Listing Agents:
Quick Inventory Liquidation thus Quick Commissions – Kingsford Housing is a one-stop source for buying distressed real estate. We close quickly and pay cash for all our properties. This allows our real estate broker clients to show consistent activity, which helps them solidify and expand their relationships with their end clients, the bank asset managers.
For Bank Asset Managers:
A Quick Solution for Underperforming Assets – REO inventory liquidation with Kingsford Housing allows asset managers to create immediate liquidity and a predictable outcome for properties with uncertain or non-existent cash flows.
Reduced Overhead Costs – managing distressed real estate is resource-intensive and expensive with the full burden of paying taxes and costs associated with upkeep, maintenance, and security. Selling these assets to Kingsford Housing allows institutions to redeploy capital and personnel to more profitable ventures while eliminating the high costs associated with ongoing asset management.
Improved Balance Sheet – distressed REO property liquidation may improve an institution’s asset quality ratio and reduce regulatory red tape.