REOs

Freedman Anselmo Lindberg and Rappe LLC (FAL&R) is a leader in handling REO transactions for its lender clients.

FAL&R's highly skilled legal and paralegal staff have assisted clients with REO transactions in a professional and efficient manner. The firm's capabilities in this area are unequaled in that it has a sizable, experienced staff, including attorneys, clerks, and paralegals, who can move your transaction from contract to closing in a short period of time, and who understand the month end deadlines that each of our clients face. Further, FAL&R’s affiliation with area title companies allows them to bring down title fast, as we know clients are often presented with contracts that require closing in under a week’s time.

FAL&R’s foreclosure department is an integral resource when dealing with certain REO issues. Because of the firm’s knowledge of foreclosure law, they proactively negotiate to reduce amounts due to condominium/townhome associations and municipalities to increase the client’s bottom line. The firm also deals with the tricky title issues and building code violation issues that sometimes arise, and they will successfully navigate the client through these issues.

In order to meet their client’s expectations, FAL&R holds buyers “feet to the fire” in enforcing contract deadlines and contract penalty provisions where buyers fail to close in a timely manner. The firm understands the meaning of “AS-IS,” and refuses to allow their clients to be “nickel and dimed” by buyers on the eve of closing.

As technology is such an integral part of the REO business, FAL&R is constantly striving to improve its internal technological systems and is involved in the evolving business to business interface systems that allow greater communication between REO departments, title companies and FAL&R. FAL&R's computer management system enables the firm to provide its clients with timely status as to all issues affecting the REO transaction.

FAL&R also understands that business continuity is very important to the client. As a result the firm has in place a disaster recovery plan which includes the ability to relocate all services and staff to a fully functional and operational site within a 24 hour period.

Whether it be the law, technology, or practice management, FAL&R exceeds its clients' expectations and provides a consistent level of excellence.

FREEDMAN, ANSELMO, LINDBERG AND RAPPE LLC - EXPECT EXCELLENCE