Exceleras Adds REO Acquisition Screen for RE Investors

Dec 23, 2019

Exceleras has announced that the company has added a new Pre-REO screen to DispoSolutions to aid investors and services in making better presale decisions as part of the company's regularly scheduled software update.

"This new Pre-REO page has been added to allow users to track properties prior to entering REO status," said Amy Bergseth, chief operating officer for Exceleras. "Created at the request of investors who are now adopting DispoSolutions, the new functionality provides a useful dashboard that makes it easier for investors to make better decisions about the properties they choose to buy. In addition, it makes it easy for them to track the transaction through the purchase process."

The new Pre-REO screen offers data through three components: General Property Information, Offer Information and Closing Information. The screen makes it easier for investors to perform due diligence on transactions. Investors seeking to buy a portfolio of properties can load bulk data into DispoSolutions and receive screens for each property. If they decide to make an offer, they can track it through to close.

"We are currently serving investors who are always on the lookout for new properties," said Michael Harris, president and CEO of Exceleras. "When they find properties they are interested in acquiring, they can load them into DispoSolutions and then easily track everything involved in the acquisition, including the vendors who are running reports that will help them make better decisions."

About the author

NationalMortgageProfessional.com

Link copied

Published

Dec 23, 2019

Analysis and Data

Renters Don't See Homeownership In Their Future

Redfin report shows less renter confidence from a year ago

Confidence among one particular group of prospective homebuyers has dropped by 11% over the last year. That would be renters, of whom nearly two in five (38%) in the U.S. don’t believe they’ll ever own a home, according to Redfin. That’s up from roughly one-quarter (27%) ...

Analysis and Data

Lock-In Effect Shows Signs of Easing

Realtor.com's survey shows fewer prospective sellers feel locked in by their low interest rate.

Realtor.com’s headline “The Best Time To Sell is Here,” may sound like wishful thinking, but a new survey from the real estate marketplace shows 85% of homeowners have been anxiously waiting on the sidelines, waiting to sell for one to three years. In 2024, the golden handcu...