APPRAISALS/BPO's

Smart Recovery instead of disposition.

Smart Recovery services to mitigate asset loss. We use varoius methods simultaneously to convert assets. At 60 days behind, we have local lawyers start the process while we negotiate various scenarios with occupants during the lost time for the legal process. These options include refinances, loan modifications, deed-in-lieu, short sales, incorporating relocation and various asset protections during what is traditionally a destructive phase for the asset...and all involved. Smart Recovery has many facets.
Full Service brokerage, maintaining alliances with the most highly qualified and motivated brokers to serve your needs quickly. This includes local brokerage community polling on a point system, which supports or challenges traditional assumptions made by single opinion appraisers and BPOs...so nothing is left on the table.
Asset repair and maintenance including assessment, hiring and supervising contractors, with minimum investments to protect your asset’s value, again, bypassing the destructive phase of the process.
Aggressive marketing via local and national websites and email campaigns with the professional community.
BPO's and Certified Appraisals to support timely and effective sales of assets owned by many.
Pre-foreclosure Services: This innovative program has the potential to eliminate all of the hassles and potential losses of REO management and disposition. When a loan is 60 days delinquent, bring us in and and both you and the borrower can come out ahead. We are able to do this by negotiating a successful seperation instead of a destructive path for the asset as well as the occupant. Simon Harrison will use authorized counselors to refinance the loan with another lender, modify the loan to convert it to performance, recover a deed in lieu of foreclosure or arrange for a pre-foreclosure sale of the asset. It is a winning and proven alternative to traditional loss mitigation options. This is why we choose to say "Smart Recovery" instead of liquidation, and "Seperation" instead of disposition.

From the minute a property is assigned to Simon Harrison, it is entered into our system and tracked through every phase. From default to seperation, each asset's process comes closer to maximum performance.

With our vertically integrated processing of the asset, you don't have to wait to learn the status of your assets. We believe in consistent, open communication, and the client can monitor each phase of disposition in real-time. We customize our services to meet your needs.

Speed, Service, Capital and Recovery

Service: We continue to refine REO management through new technology, expanded services and customer commitment. Our reputation
Capital Asset Recovery: Our full services don't leave anything on the table. From initial assessment, which includes property management and valuation to loss mitigation to efficient marketing, our vertically integrated loss mitigation services are much more efficient ways of changing an asset into a performer.
We offer a more cost effective way of managing REO properties than handling them in-house.

We have the skills, and access to local service professionals...from initial assessment to repairmen, lawyers, appraisers, brokers, and all the systems in place to handle each phase of the REO. Because the entire process funnels through one person in our firm, there is no loss in a hand-off from one department to another. The bird's eye view is never lost.

At Simon Harrison, we've covered all of the bases.

To accomplish the most professional and comprehensive approach to asset management and disposition.

Relocation Assistance.
Appraisals.
Repairs and management.
Routine Maintenance and Utility Company Coordination.
Full Service Brokerage
Accounts Payable.
Accounts Receivable.
Asset Management.
Closing Management.