Terranova Redevelopment Company, LLC (TRC) 
A disciplined and professional approach to REO Management
Service

Terranova Redevelopment Company, LLC ("TRC") provides specific disposition strategies relating to Owned Real Estate Management, Preservation, Administration, and Settlement services ("REO Services") for banks and other financial institutions with portfolios of various types of REO assets including, residential building lots, residential improved properties, residential partially completed properties and partially completed acquisition, development, and construction loans ("ADC").

By leveraging its decades of experience, proprietary networks, and a client-centric web platform, TRC creates a cost effective, value maximizing and efficient process to stabilize, maintain, and ultimately dispose of ORE.

 

 

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Benefits
  • Single source accountability for all REO service requests
  • Outsourced REO management assistance saving employee training and costs
  • Real Estate sales agent screening and management
  • Online property and service management and document storage
  • Detailed REO management reporting
  • In depth non-performing loan portfolio analysis yields ideal disposition paths and a lower rate of loss
  • Consolidated billing to clients specifications
Get Started

TRC has a proven track record helping companies effectively manage and dispose of distressed assets.  We have sold properties in 33 states, at 99% of book value, with 85% of new assignments sold within 90 days.  We would like an opportunity to discuss how our services can work for you. 

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Broker Price Opinion REO Service Asset Management BPO