At REO Illinois, we serve as the eyes and ears of our clients. We use inspections to reduce your potential liability exposure by confirming occupancy status, documenting the asset's interior and value, or identifying hazardous conditions. You can access and review the status of any specific inspection online at any time. When your inspection order is complete, you can simply view or print a copy of the completed report, or we'll fax/mail a copy.

The reports can be generated on standard REO Illinois forms or on any form you choose to use. Our quality control review ensures that you receive the most complete and useful data required to make critical loan recovery decisions. All REO Illinois reports are automated and indexed. When our processing center receives the property information, that data is entered into our system and is used to generate critical management reports.

Inspection types include:
Drive-By Inspections
To determine occupancy status
To determine value ~ "as is"

Detailed Interior / Exterior Inspections
To determine value ~ "as is" or "as is" & "as repaired"
To determine life safety compliance, necessary maintenance or repairs.
To determine seasonal and emergency requirements

Weekly Inspections
To monitor condition, occupancy status, and audit repairs

 

     
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