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REO Sales & Management
Michael J. Maloney is a Licensed Real Estate Broker in the state of New York who specializes in the management and sale of bank owned properties. Our firm is a member of the Long Island Multiple Listing Service, which covers Nassau, Suffolk and Queens counties, The National Association of Realtors, RES.net, REOTRANS and Mark to Market. We physically inspect distressed properties, conduct Broker Price Opinions, as well as full-blown appraisals when required and we assist the bank in their eviction process or moving the tenants out with cash for keys.
Once the house becomes vacant, we will make sure that it is secured with new locks, boarded-up and winterized when necessary and we handle any negotiations with the necessary vendors to help maintain the integrity and condition of the bank owned property. Once properly priced, we will aggressively market and sell these properties for the lenders. We have a full team of plumbers, electricians, contractors, carting, clean-up & board-up companies to assist in making the recuperation in the lenders in equity a fast and smooth process.
Our areas of coverage and expertise consist of Nassau, Suffolk, Queens, Manhattan & Brooklyn.
Our services include:
- Broker Price Opinions
- Real Estate Appraisals
- Coordinating Clean Outs and Board-ups
- Regular Inspections
- Coordinating Evictions
- Advertising
- Selling of Property
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