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REO Home Warranty and Maintenance Program

Monday, January 17

Home warranties have been available to homeowners for many years, providing peace of mind and risk free environment for both buyers and sellers.

 As homeowners are either evicted or leave their residence, the property remains un-maintained or even worse in disrepair.  With all the foreclosures, these properties can lose their value even in a market that has been decimated.  We know that you want to get the most you can from a foreclosed property and the way to do that is to keep the property in 1st class condition 

At High Tech REO home warranty we specialize in servicing bank or lender owned properties and our focus is on the REO owners focus:

-          Keep the property properly maintained

-          Sell the property for as much value as possible

-          Reduce the sale timeframe

-          Reduce costs

 

With a High Tech REO home and maintenance warranty, banks and lenders can realize the same comfort as traditional home owners and a home with a warranty is apt to sell faster and will be in tip top shape for any showing at anytime

 

Unlike traditional home warranty, the REO specialist will perform monthly maintenance to the property, cleaning leaves, winterizing maintaining the grounds and keeping the traditional curb appeal required to maximize the financial impact on the sale.

 Features and Benefits:

-          Low Cost home warranty

-          Increase the home value or maintain its present value

-          Maximize the properties sales potential

-          Homes with a warranty sell faster and closer to the asking price and are transferable

-          A home warranty provides the buyer and seller with peace of mind

-          Complete maintenance

-          Choose the comprehensive plan according to the homes location and requirements

-          One Stop maintenance, repair and remodeling

-          Helps prevent vandalism

-          Helps eliminate post-sale disputes

-          Immediate coverage

-          Monthly or yearly plans-          Countrywide affiliated licensed contractor

-          Centralized Call Center

Our warranties cover all facets of the home, siding, roofs, plumbing electrical and it includes appliances and we offer bulk rate discounts to REO holders to lighten the financial burden.   

Furthermore with bulk contracts, you warranty can be paid monthly so that when the home is sold it can be easily transferred to the new homeowner.  Or you can purchase a one year contract that can be transferred to the new home owner.

 

You can pick and choose from a wide array of different programs that will satisfy the homes particulars needs.  Our contractors operate throughout the country and we are on call 24/7 so if there is a repair that needs to be done immediately we can be there right away. 

 Our affiliates are countrywide giving you one primary focal point to all your properties maintenance requirements, from replacing windows, to fixing a washing machine or facet to cleaning the gutters.  Anything can be maintained.  It is you choice to pick the plan that suits the particular properties needs.  From Florida to California, 24 hours a day, HT REO home warranties will maintain your inventory of properties and provide you with one company that will service you anywhere in the country.Compare traditional Home Warranties to an High Tech REO Home Maintenance Warranty. Typical home warranty will cover the myriad of problems that will be encountered by a homeowner.  They simply choose the plan that fits their needs as if something requires attention or repair, they call the home warranty company and the company will make the repair if covered under the policy. 

This is all well and good in an occupied home where the owner or renter is living there to notice the problems.   Furthermore with owner occupied homes, the homeowner will make arrangements to winterize the house, clean the gutters, shovel snow, wash windows, etc.

 

However in an REO that is not feasible and the home can fall into disarray without notice.  The pipes can burst spewing water throughout house for weeks, the refrigerator breaks down a window cracks, a shutter falls, etc.  All will have to wait until a real estate agent comes to the property to show and then it is too late.  Great financial burden is then placed on the REO to repair it and find a contractor who will in fact do the job.  If typical maintenance is not performed the property turns shabby and its resale value is decreased.

 

With a High Tech REO home maintenance warranty we are there.  We will perform all common maintenance, inspect the property on weekly or monthly basis depending on the plan chosen and repair all the problems that maybe encountered and provide the REO owner a complete list of items requiring attention or one that can be fixed under the warranty.  We act as you maintenance arm, a superintendent who will take care of all you properties needs.  One call, one service, 24/7, using licensed contractors, landscape professionals, electricians, plumbers and whatever service is required.  If an agent needs to show the home and a problem exists one call will get immediate attention through our centralized call center. From changing the locks shutting off and turning on the water and electricity to mowing the lawn, at High Tech out affiliates are always there to serve your needs

 

For the potential buyer an REO home warranty can give them a complete inspection and ongoing maintenance records for their perusal making the inspection process go smoother a faster.  And if a problem exists or they want a renovation, REO’s licensed contractors can do the job efficiently since they already have intimate knowledge of the property.

 

If high resale value, and minimum costs is your goal, consider a High Tech REO home warranty to protect all your properties needs no matter where they are located no matter what time of day, the REO warranty will give you the maximum amount of property protection, with the smallest amount of effort.

 

The one and only warranty and maintenance program

www.htwarranties.com


Lenders, start lending again!

Friday, October 15

We have developed a system form medium to long term lending
scenario’s i.e. commercial or residential mortgages, long term
loans or debt offerings, which will eliminate the lender’s risk to
principal.
Through my system and service, your loan or investments principal
can be paid back by the borrower at closing.
Guaranteed principal pay back with zero risk.
Only the interest or equity upside is at risk. Principal is
guaranteed
The system virtually eliminates future foreclosure, loan or bond
default.
We can build a new economy from the top down, from Government, to
Wall Street down to Main Street.
Get small business back on their feet, new jobs, new home sales,
with only upside.
.A virtually balance sheet neutral loan by the lender to the
borrower or a balance sheet positive impact. Maintain you liquidity
while reducing risk and making loans and investments
The system will reinstates the housing industry, lending and
investment markets and open a new type of securitization that
eliminates the inherent risk formally encountered.
A new securitizattion with guaranteed returns is borned

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Michael Colello

Residential Lender
New Rochelle, New York


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