REO Management

MCB provides real estate business solutions to assist clients protect their REO Assets, reduce costs, lower inventory and increase net return.

MCB Michaelson, Connor, & Boul

REO Management

MCB is a full service national asset management and marketing company specializing in bank, investor, and government REO portfolios.  Our real estate business solutions can be customized to compliment current processes, strengthen processing and meet business goals.

MCB utilizes state-of-the-art tracking systems that include automation, notifications and real time reporting.  Quality assurance checks have been built into each step of our internal processes.

Property Inspections

MCB has completed property inspections throughout the country utilizing our own field inspection personnel and a proven network of inspection companies. All inspection services can be adjusted to your required timeframes.  All inspections go through a quality control check to verify accuracy before moving forward to the client.

Our inspection services include:

  • Initial Property Inspections
  • Drive-by Inspections
  • Occupancy Inspections
  • Bi-Monthly Electronic Inspections
  • Ready to List Inspections
  • Prior to Closing Inspections

Property Preservation

MCB provides full service property management from initial clean-out to cosmetic repairs.  We are flexible and can customize a flat rate package or individual services to meet your business needs.

Services include but are not limited to:

  • Securing and re-keying of properties
  • Initial clean-out and debris removal
  • Property board up and window re-glazing
  • Roof patch and repair
  • Utility testing
  • Health and safety repairs
  • Cosmetic improvements
  • Landscaping and snow removal
  • Biohazard clean-up
  • Lead-based paint remediation
  • Inspections
  • Pest controls

We also provide additional services such as portfolio transfer, itemized repair bids, rent collection, marketing evaluations, eviction assistance and tax/utility/HOA payments.

Valuation Services

MCB has a wide network of proven FHA approved and Licensed appraisers nationwide.  We provide drive-by and full appraisals at a competitive cost.

Broker Price Opinions

Opinion of value on residential and commercial properties.

  • Experienced Broker Network
    Because of our experience in marketing properties nationwide, we have built a network of agents, hand-picked because of their reputation and proven track record with MCB, to provide broker price opinions that are professional and accurate. We have scrutinized agents across the country and now have more than 4,000 working with us to bring you the most competent evaluation available. It is important to Michaelson, Connor & Boul to find the best available agents in any given geographical area, and that is why we do not use any one company, but rather utilize the best local agent in the area regardless of their affiliation.

Marketing and Sales

MCB has sold over 200,000 government and bank owned properties. Our experienced team can create a marketing plan, and track the property from assignment through closing using proven in house tracking systems. We assist in ordering, and reviewing of Deed and Title packages for accuracy and completeness. We will review sales offers, negotiate offers, and counter offers. At closing we also will verify sales contracts for completeness and work with closing agents to ensure on time closings. With our experienced team and our strong network of local listings brokers, subcontractors, title agencies, closing agents and real estate attorneys, we are ready to handle your REO Marketing and Sales Needs. We utilize several different marketing techniques to reduce property holding times and increase net returns.