Trash Out Company REO RESQ Founder, Frank Patrick, Explains The Need To Fix The Face of Foreclosure

PRLog (Press Release) - May 06, 2010 -
In a recent blog post by Frank Patrick, one of the country’s top property preservation and trashout experts, Frank discusses how foreclosed and abandoned homes are causing neighborhoods across the country are losing value, even among those homeowners who have been paying their mortgages on time.  In the blog titled “Property Preservation Trashouts: Fixing The Face of Foreclosure,” Frank describes how it’s time to put property preservation professionals and mortgage field service companies on the job to perform trashouts and necessary repairs as soon as possible to clean up the face of foreclosure.

“2010 is going to be a very challenging year – because the incredible numbers of homes that will require property preservation services and foreclosure trashouts will undoubtedly break more records. The amount of work is going to be overwhelming. But it’s necessary.  It’s time to face the face of foreclosure. And bring pride back to the American neighborhoods that have been negatively affected by the housing crisis,” wrote Frank Patrick.  

“Because the foreclosure process was traditionally slow and cumbersome – and totally unequipped to handle the massive amount it’s been forced to digest during the Great Recession – more and more vacant homes in more and more neighborhoods have become more and more rundown and in desperate need of a trashout.” Frank continued.

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick was recently featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire blog at http://www.reoresq.com/blog/property-preservation-trashou...

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com


About REO RESQ™:
REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including:

   Inspect – occupancy and property condition inspections
   Secure – lock changes, lock box installation, evictions, board ups
   Preserve – winterization, emergency repairs, pool service
   Prepare – trash & debris removal, janitorial service, landscaping
   Repair – repair of minor health and safety issues, code violations
   Maintain – ongoing lawn care, maid service and pool maintenance

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service.

REO RESQ™ understands your business – because it’s our business.

For more information please visit http://www.REORESQ.com


About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.  

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Photo:
http://www.prlog.org/10665589/1