REO Property Preservations

Property Preservation

Hydroscience Group is fully insured and equipped to care for foreclosed properties, either vacant or occupied.  The service is known as “REO Property Preservations”.  Hydroscience Group works with banks and asset management companies to provide services such as repair, inspection insurance claim management, and maintenance.  Property preservation is also called “mortgage field services,” and getting involved with completing REO rehabs and property preservation repairs directly for national servicing companies will help your business succeed.

Real Estate Owned (REO)

REO, as you may know, stands for “real estate owned,” and is a real estate and property preservation term that organizations in the United States use to describe a certain class of real estate, or property. REO properties are properties owned by a lending organization such as:

  • A bank
  • A government agency
  • A government loan insurer

These properties are usually bank-owned properties that have been seized by the banks or lenders from residents who were unable to pay their mortgages. The banks or lending agencies were counting on the interest on the loans for their revenue, and so must salvage their investments when homeowners default on their loans or can’t pay their mortgages. Their first move is to try and sell the properties at foreclosure auctions.

Services Hydroscience Group is typically contacted about:

  • Estate Cleanouts
  • Grounds Maintenance
  • Minor Repairs
  • Winterization
  • De-winterization

Ensure Your Property is in Good Hands: Contact Hydroscience Group Today

Hydroscience Group provides REO Property Preservations services to protect and maintain foreclosed properties, whether vacant or occupied. From inspections and repairs to insurance claim management and ongoing maintenance, we work closely with banks and asset management companies to keep properties secure and market-ready.

Contact us today to learn more about our property preservation solutions and how we can help safeguard your REO investments.

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Our Office Hours

Monday:

8:30 AM – 4:30 PM

Tuesday:

8:30 AM – 4:30 PM

Wednesday:

8:30 AM – 4:30 PM

Thursday:

8:30 AM – 4:30 PM

Friday:

8:30 AM – 4:30 PM