1619 Leighton Ave
Los Angeles , CA 90062
Offered at: $300,000
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REO Services

Save On Properties REO Division Manages, Lists & Sells REO Properties in Los Angeles County, Orange County, San Bernardino County, Riverside County, and San Diego County.  We are your #1 Source for Foreclosure and Bank Owned Properties.

Our established relationships & our vast experience dealing with REO assets enables us to service our clients, investors and vendors with complete professionalism, while ensuring that all their needs are preserved.

Below is a list of duties that we have mastered when working with Banks & Asset Management Companies to service their assets.

  • Broker Price Opinions - Exterior and Interior
  • Property condition inspections
  • Pre-foreclosure Interviews
  • Pre-foreclosure sale workouts
  • Preservation and Securing


Upon Receipt of Faxed or Email Authorization:

If Occupied: Within 24 hours
  • Determine if occupants plan to vacate and when
  • Provide client with correct names of all occupants and their living arrangements
  • Build a relationship with the tenants
If Vacant:
  • Secure property and re-key


For Occupied Properties:
  • Negotiate cash for keys when authorized
  • Coordinate eviction with foreclosure attorney, sheriff, movers, locksmith, etc
  • Relocation Assistance

For Vacant Properties:
  • Secure and re-key property
  • Transfer utilities in to Broker's name or Client's name (depend on guidelines)


Conduct preliminary comprehensive property inspection immediately following eviction or vacancy of property. Drive-by & Interior

Within 5 days if occupied:
  • If entry is permitted, prepare Interior BPO & Initial Inspection Report
  • Provide information on occupants' willingness to permit entry for Client's  
  • Independent Appraiser, when applicable
  • When the property is part of a Condominium or Homeowners Association, an Association Information Sheet will be provided.
Within 5 days if vacant:
  • Complete a BPO and Initial Inspection Report with interior and exterior photos.
  • When the property is part of a Condominium or Homeowners Association, an Association Information Sheet will be provided

Property Preservation:
  • Secure property and/or board-up to FHA standards
  • Debris removal (interior and exterior)
  • Winterization/De-winterization
  • Activate systems
  • Perform lawn maintenance and Landscaping
  • Recommend list of repairs
  • Solicitation of bids from fill-time licensed contractors
  • Monitor repairs
  • Review invoices
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