REO Services

We service the four main Islands in Hawaii…

Hawaii County

Honolulu County

Kauai County

Maui County

Years of experience in residential sales alone do not make a good service provider. Commitment and a long-term plan to achieving meaningful goals does. Our REO team stresses prudence, frugality, attention, and accountability. Time and time again we have found ways to streamline and improve work processes to build value, provide excellent service, and achieve profitable business operations for ourselves along with our clients.

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Physical Inspection visits to the property bi-weekly as required.
Diagnosis and turn on of utilities
Detailed price opinion (BPO) with 48-96 pictures completed in 2 days if not sooner.
2 to 3 identical licensed contractor bids.
Performing occupancy status reports.
Offering prior mortgagors money to vacate the property in good condition.
Ordering and supervising the removal and disposal of personal property.
Arranging for roof, septic or cesspool certifications, if necessary.
Initiate monthly yard service, where necessary.
Monthly invoicing and reconciliation of statements.
Initiate termite inspections.
Document and make recommendation as to property repairs required.
Order and pay for leasehold and condominium documents and disclosures as necessary.
Report and handle trespass situations and secure property.
Improve the property during monthly maintenance, according to approval limits.
Make detailed recommendation for sale strategy of each property.
Securing the property, rekeying and boarding windows and doors if necessary.
Coordination with attorney and sheriff to effectuate possession of the property.
Submit invoices by property once a month, with all supporting documentation.
Install lockboxes within 24 hours of notice.
Rekey property within 24 hours of notice.
Install signs on property within 24 hours of notice.
Respond to any asset manager request within 1 business day.

For more information, please contact Justin Morikawa, REO Specialist, at justin@tlcrealtyhi.com or 808-351-0813.