ama features and benefits
DESCRIPTION
The financial hardships that cause foreclosure and default leave prior homeowners disparaged about losing their homes. As a result, many of these homes are left in poor and sometimes near unmarketable conditions. AMA’s property preservation team promptly secures, protects, and prepares properties for sale, mitigating further degradation while sustaining and improving property value.TRANSCRIPT
Assett Management Authority, LLCAssett Management Authority, LLC
Preserving the “well being” of your property
Preserving Value…our coreAssett Management Authority, LLCAssett Management Authority, LLC
…was born out of an emerging need to further protect the value of real
estate assets, during today’s volatile, crisis ridden economy.
Asset Management Authority, LLC
Benefits
• Sustained Property Value
• Assured Property and Equipment Warrantees
• Maintained Safety and Security
• Minimized Risk and Property Degradation
• Centralized Point of Responsibility
Minimize Risk…our missionAssett Management Authority, LLCAssett Management Authority, LLC
Services
• Comprehensive Inspection/Field Services
• Reliable Property Maintenance/Management
• Reputable Property Preservation
• Actionable Construction Management
• Complete Real Estate Administration
Turnkey Program…our promiseAssett Management Authority, LLCAssett Management Authority, LLC
The principal goal of AMA's inspection services is to provide timely and accurate information regarding occupancy, first time vacancy, and property condition. Bankruptcy Property Inspection Occupancy status, property condition report, existing or potential conditions that could impact the property value Initial Property InspectionDetermine whom, if anybody occupies the property with the full names and contact information, rental information (if applicable), agent or property manager information Insurance Loss InspectionInspector's evaluation of percentage complete of repairs based on the type and dollar amount of damage Fannie Mae Form 30 Property InspectionProperty and area conditions report to determine the condition of properties owned or securitized by Fannie Mae. Additional inspection and construction services available
Inspection ServicesAssett Management Authority, LLCAssett Management Authority, LLC
When a property is proactively maintained, the probability of a buyer issuing a purchase offer is considerably improved, reducing the time the property is on the market and enabling the property to recover to its highest achievable value. RepairsAny and all trades repair to the property as required Debris RemovalRemove interior / exterior or hazardous debris Emergency MaintenanceMaintenance to uphold the property's appearance and prevent degradation. Security Change required locks for safety and security of property Pool MaintenanceAvoid unsafe condition, maintain integrity and appearance WinterizationWinterize plumbing to prevent freeze damage Lawn Maintenance and Snow RemovalMowing, trimming, irrigation, leaf, brush, and snow removal
Property Management / Maintenance
Assett Management Authority, LLCAssett Management Authority, LLC
The financial hardships that cause foreclosure and default leave prior homeowners disparaged about losing their homes. As a result, many of these homes are left in poor and sometimes near unmarketable conditions. AMA’s property preservation team promptly secures, protects, and prepares properties for sale, mitigating further degradation while sustaining and improving property value. Code Adherence / FHA GuidelinesAMA maintains contact with code enforcement offices to proactively monitor and correct all violations issued or pending and abides by FHA guidelines as required Security Change all locks for the safety and well-being of those working, managing or viewing the property. Options: master key, lock box, padlock and / or board up Debris RemovalRemove interior, exterior or hazardous debris Repairs / Broken Board / Broken GlassAny and all trades repair. Secure broken boards and re-glaze broken windows for safety and security measures
More on Property Preservation – Next Slide
Property Preservation Assett Management Authority, LLCAssett Management Authority, LLC
Pool and / or Hot Tub SecurityPartial or full draining of the pool. Chemical treatment. Padlocking of pool gate. Demolition if required Re-secure as RequiredReturn and re-secure a property that was previously secured WinterizationWinterize plumbing, equipment and sprinkler systems to prevent freeze damage. Air pressure to clear system and anti-freeze added to traps and fixtures as required Lawn Maintenance and Snow RemovalMowing, trimming / leaf, brush, and snow removal Convey MaintenanceFor FHA properties, AMA will prepare a property for conveyance pursuant to the then-current HUD Mortgagee Letter specifying the preservation and protection responsibilities of the servicer
Property Preservation (Continued)
Assett Management Authority, LLCAssett Management Authority, LLC
Assett Management Authority, LLCAssett Management Authority, LLC
REAL ESTATE SERVICES(optional services via our brokerage / title partner) TransactionsSalesMarketingTitle WorkMortgage Management
Real Estate Services
Experience…your property – our
resumeAssett Management Authority, LLCAssett Management Authority, LLC
Asset Management Authority
Brian P. Finnegan 26 years; Development and Construction Management,
Commercial Real Estate Executive; Forest City Enterprises,
Turner Construction and URS Engineering.
Your “Top Notch” Real Estate Broker or Ours
The finest network of licensed and bonded contractors, as well as mortgage and title work professionals.
Bank / Lending Institution
In order to minimize loss, protect your asset and In order to minimize loss, protect your asset and position your property for an expeditious sale, it position your property for an expeditious sale, it is key that you put the right team in place. The is key that you put the right team in place. The
professionals at professionals at
AMA: Asset Management Authority, LLC.AMA: Asset Management Authority, LLC.
will design, assemble and avidly promote a will design, assemble and avidly promote a unique solution with you and your select broker, unique solution with you and your select broker,
in turn moving your property up the rungs of in turn moving your property up the rungs of success seamlesslysuccess seamlessly
Customer Satisfaction…our guaranteeAssett Management Authority, LLCAssett Management Authority, LLC
Culmination…less stress with distressed
assetsAssett Management Authority, LLCAssett Management Authority, LLC
Assett Management Authority, LLCAssett Management Authority, LLC
Brian P. Finnegan, President
23548 Quail HollowWestlake, Ohio 44145
Phone: (216) 407-5741
E-Mail: [email protected]: AssetManagementAuthority.com