Coldwell Banker Commercial Metro Brokers offers a variety of services to assist banks with their underperforming assets. This includes foreclosures, REO properties, short sales, and pre-foreclosures.
The Bank Asset Team (BAT) at Metro Brokers is a group created to handle assets for banks, lenders, asset managers and equity funds. Specializing in FDIC Loss-Share Institutions, the BAT analyzes, manages and disposes of Other Real Estate Owned (OREO) and troubled assets using a multitude of specific tools and services developed by our company.
The BAT is a “network of leaders” interactive management system that systematically guides assets through the process from active loan files to foreclosure to management to disposition. The assets we represent span the spectrum of real estate product types including land, retail, homes, apartments, lots, industrial, subdivisions, office space and more.
Our Platform is a systematic, highly managed brokerage and asset management platform that allows lenders to strategically manage their portfolio and monitor borrower short sales of lender collateral.
Benefits to Lender Short Sale Optimization:
Follow the link below for instant access to our extensive library of REO foreclosed properties from the banks we represent. The site includes an excellent search tool allowing you to view residential, land and commercial foreclosure properties, all in one place.
Whether you’re purchasing a property for personal use or looking to get started in investing in real estate at a low cost, our REO properties are the perfect place to start. You can also learn about upcoming auctions and other special events by viewing our foreclosure website.