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Benefits of Vacant Home Relief Program

Lender:

  • Reduces Bank’s legal expenses.
  • Reduces Bank’s risk associated with home being vacant.
  • Allows the Bank’s collection staff to concentrate on the customers that can be worked out.
  • Reduces time required to market and sell property.
    Reduces cost’s associated with selling the REO.
  • Reduces time to REO during declining market.
  • Reduces time of lost interest income.
  • Great program to show that Bank is doing all that it can to help the community with this growing problem.


Homeowner:

  • Eliminates all stress and tension associated with foreclosure.

  • Allow’s them to start the credit repair process sooner.

Neighborhood (HOA):

  • Reduces potential crime associated with vacant homes.
  • Reduces “eye sore” associated with vacant home.
  • Helps to maintain market value in neighborhood.
  • Reduces time of uncollectible HOA fees.
     


Call Now: 602-561-4296 or 602-793-5015

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