REO Asset Managers

                       Information for REO Asset Managers ...

                         John S. Leatherwood "The Sandman" ... SandmanTeamOBX.com
                                                      
                                         ... In Our Business, It's All About Service!

I have been a Realtor / Broker here on the Outer Banks, a specialized Vacation Resort Real Estate Market, since 1985.  A significant part of my business is in assisting Banks with REO Asset Properties, and Assisting individual Property Owners, many of whom, during this recent economic decline, have found themselves in a Short Sale (pre-foreclosure) situation.

I am presently Marketing Several REO Asset Properties, and have worked with different Sellers (Banks) including 406RE, BB&T, and Gateway Bank/Bank of Hampton Roads.  I have also assisted numerous Buyers who have purchased REO Bank Owned Foreclosures - including FNMA, GMAC, BB&T, and Bank of America asset properties.  I understand the mechanics of the REO Transaction, and the expectations on either side of the transaction. I am adept at contract negotiations and in understanding REO Addendums.

Service Areas include Dare and Currituck Counties, North Carolina.  By Town and Community they include:

Carova, Corolla, Duck, Southern Shores, Martins Point, Point Harbor, Jarvisburg, Powells Point, Kitty Hawk, Kill Devil Hills, Colington, Nags Head, Manteo, S. Nags Head, and more ...

Service Areas by Zip Code:   27948, 27949, 27927, 27939, 27941, 27947, 27954, 27959, 27964, 27966, 27953


For my Bank Clients, I will continue to work diligently to provide the best possible Service to include, but not Limited to:

BPO's (Broker Price Opinions as often as required)

Monthly Status Reports (when required)

Bi-weekly inspections  (when required)

Coordinate Repairs   (as needed/required)

Place Utilities in my name and process all receipts in a timely fashion

Available by phone, email,and text

Full scale Marketing to include, but not limited to:  2 Billboards, Full Page in the local HomeTour Magazine each and every month for the past 15 years, 24 Hour Hotline Message Center to capture Buyer calls, Multiple Branded and Unbranded Websites - you are currently on the recently Upgraded SandmanTeamOBX.com site, Outer Banks News Newsletter, and 2 MLS systems - Outer Banks Association of Realtors, and LoopNet - an International MLS Listing Site; In-Office New 2010 Computer System (Windows 7) with Full back-up, and separate 2 Computer System Home Office with full capability to communicate with the Client at all times, and respond to any local Agent inquiry or Potential Buyer inquiries, and ... much more!

Visit the Sold Properties Page for an Overview of the types of Properties (Including REO) sold in the past 12 Months ...

I am grateful for the Business that I receive and I care about the Process from beginning to end. 

Please visit the Testimonials Page for a glimpse at what some past Clients have graciously stated regarding the Level of Service Provided.  

I look forward to the Opportunity to be of Service.

John S. Leatherwood
RE/MAX Ocean Realty
P.O. Box 8
2503 N Croatan Highway
Kill Devil Hills, NC 27948
252-480-4416 Office Direct
252-202-3834 Cell
252-441-1574 Fax Direct
John@SandmanTeamOBX.com

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