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Bank Owned & Receivership

Bank Owned Services

The Pearson Realty Group team is experienced in all phases of the REO/Bank Owned business and is currently managing & marketing hundreds of properties for many different financial institutions. These including Fannie Mae, Freddie Mac and HUD. Pearson Realty Group’s management is NRBA trained and certified in a goal to liquidate REO properties in the most efficient and profitable manner.

Fannie Mae
U.S. Department of Housing and Urban Development
PNC Bank
Wells Fargo
Chase Bank
Fifth Third Bank

Receivership Services

In addition to short sales and REO, Pearson Realty Group has great experience working as a court appointed real estate receiver. Pearson Realty Group and our sister company, PRG Management, have experience working with many different complex income producing properties and special assets across the Chicagoland area. We employ and oversee skilled asset managers and other qualified real estate professionals to effectively manage any difficult situation. 

Bank owned Chicago Real Estate

Our Receivership Services:

  • Full property assessment and position in the current market
  • Asset strategy and investment goals
  • Full record maintenance and reporting (accounting available online real-time 24/7/365)
  • Asset take-over, stabilization and control
  • Residential and Commercial Leasing
  • Court reporting and records
  • Coordination with governmental entities and other local issues
  • Sales Marketing and go-to-market strategy
  • In-House title agency

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