Services

HOA Account Management

Precedent’s HOA Account Management program is designed to take away the headache associated with purchasing, managing and selling real estate subjected to Home Owner Associations (HOA) and Condo Owner Associations (COA). Precedent's HOA program focuses on managing HOA accounts for lenders, owners, operators by providing a range of scalable services focused on identification of HOAs, confirming accurate contact information and account status details, overseeing HOA compliance of state and local statues, negotiating frivolous fees, reducing expenses and maintaining accounts in clean and current condition so our clients can focus on more pertinent aspects of their business. Our detailed and professional team is experienced in researching HOAs, gleaning target regions and building relationships with large management firms to turn our experiences into real results and savings for our clients.

Precedent’s HOA Account Management program includes:

  • HOA Identification
  • Payment Review, Negotiation & Processing
  • Compliance & Regulatory Enforcement
  • Violation Management
  • Vacant Property Registration
  • Budgetary Review & Account Management
  • Assist with Property Access

Utility Account Management

Precedent's Utility Account Management program focuses on quickly and accurately identifying utility providers, expedited activation and deactivation of services, tracking of deposits, mitigating violations and issuing payments to ensure proper management of each account. The Utility program covers all utility service providers including gas, water, sewer, electric, trash and irrigation in metropolitan and rural areas nationwide. Our streamlined customer work order platform expedites service requests and provides transparency for our clients. Additionally, our system allows for clients to easily track their utility requests and status no matter the size, complexity or composition of the portfolio, making Precedent's Utility program a convenient and effective way to address utility challenges plaguing non-performing loan or real estate portfolios across the nation.

Precedent’s Utility Account Management program includes:

  • Payment Review, Negotiations and Processing
  • Compliance & Regulatory Enforcement
  • Deposit Management
  • RUBS – Ratio Utility Billing Systems
  • Utility Consumption Benchmarking & Auditing
  • Utility Expense Management & Recovery

Tax Account Management

Precedent offers a streamlined, transparent and affordable solution to managing property taxes for lenders, default servicers and real estate aggregators nationwide. Specifically, Precedent's Real Estate Tax program offers accelerated identification of municipal, county and state property tax obligations, account status details, issuing of payments, appealing tax statements, regulatory review and auditing services. Precedent's Real Estate Tax program is facilitated by our state-of-the-art software which is a work-flow channel-based program designed to monitor Real Estate Tax registration, statements, upcoming payments, appeal processes and lien curative services to help our clients maintain control of their portfolio's real estate tax obligations.

Precedent’s Real Estate Tax Account Management program includes services such as:

  • Obtaining Assessment Information
  • Validating Assessment Information
  • Verifying Assessed Values
  • Negotiating Excessive or Invalid Charges
  • Filing Appropriate Tax Appeals
  • Compliance & Regulatory Enforcement

Asset Management

Precedent offers a comprehensive suite of Real Estate Asset Management services nationwide, including acquisition, management, marketing, disposition, support and advisory services for performing and non-performing real estate assets. Prescedent’s team has managed and disposed over 50,000 commercial, industrial, multi-family and single-family assets throughout the nation. With our client’s objectives in focus at all times, we work to stabilize properties and bring them to market in the most efficient and cost effective manner, delivering the highest net return feasible for our clients.

Precedent's qualified Real Estate Asset Management professionals have an average of 10-years’ experience managing complex real estate portfolios. Precedent's team prides itself on monitoring market trends to position our clients in advance of future challenges.

Precedent’s Real Estate Asset Management services include:

  • Portfolio Management
  • Real Estate Marketing & Analysis
  • Due Diligence
  • Acquisition
  • Disposition
  • Real Estate Tax, HOA & Utility Management
  • Financial Budgeting & Forecasting
  • Title and Lien Services
  • Property Maintenance
  • Appraisal and Valuation Services
  • Vendor Management

Loan Services

Precedent provides a wide array of loan portfolio services from loan due diligence through disposition. Precedent has conducted due diligence, managed and prepared thousands of performing and non-performing RBMS and CMBS notes for private and public sector clients. Precedent's seasoned professionals have a comprehensive background preparing, managing and liquidating mortgage backed notes throughout the nation.

Precedent can conduct pre-market and pre-securitization due diligence, consulting and advisory services for varying types of loan portfolios. Additionally, Precedent offers loan portfolio evaluation and securitization support services.

Precedent’s Loan Services include:

  • Loan Portfolio Due Diligence
  • Loan Portfolio Marketing Services
  • Loan Portfolio Disposition Services
  • Valuation Reviews
  • Environmental Reviews
  • Underwriting Reviews
  • Title Insurance Reviews
  • Settlement Reviews
  • Regulatory Compliance
  • Benchmarking Analysis

Property Maintenance and Inspections

Precedent provides property preservation, maintenance and property inspections for commercial, residential and multifamily properties for public and private industries throughout the nation. Precedent uses a nationwide network of qualified, licensed and established vendors to perform services including securing vacant properties, responding to emergency, dangerous and hazardous service requests and performing routine maintenance services until successful disposition of the property.

Utilizing a state-of-the-art software system, Precedent is able to track and monitor vendor performance, contracted deliverables, property level expenses and service performance timelines. Precedent's quality control oversight, trained and professional staff and scalable work-flow system help to maximize client returns and satisfaction.

Precedent’s Property Maintenance and Inspection services include:

  • Property Inspection Services
  • Field Service Management
  • Property Repairs
  • Boarding / Securing
  • Routine Lawn Maintenance
  • Eviction Services
  • Lock Changes
  • Trash / Clean Outs
  • Emergency Repairs
  • Roof Repairs
  • Pool Securing
  • Routine Snow Removal
  • Plumbing Services
  • EMS Communication & Reporting
  • Winterization/De-Winterization

Property Management

Precedent's Property Management division specializes in managing residential and commercial real estate portfolios nationwide. From the initial sourcing of tenants, through the ongoing management, including property repairs, overseeing refurbishments, rent collection and control, and ensuring adherence to all current housing legislation, our experienced team of property managers and leasing specialists offer an inclusive and scalable service for our clients.

Precedent’s Property Management services include:

  • Full Service Property Management
  • Facilities Management
  • Tenant Management
  • Tenant Screening
  • Lease Administration
  • Energy Audits
  • Occupancy Determination
  • Eviction Services
  • Cash-4-Key Services
  • Market Analysis
  • Groundskeeping

Due Diligence

Precedent’s Due Diligence program is designed for both public and private sector entities focused in real estate and financial service industries. Precedent has developed a long-standing reputation for in-depth investigative research with an emphasis on independent and honest results. Precedent’s Due Diligence program enables our clients to make sound business decisions with confidence. No matter the size of the concern, Precedent’s team works with each client to formulate a comprehensive review plan. From small loan portfolio reviews to acquisitions, dispositions and mergers, Precedent’s scalable Due Diligence program can work for you.

Precedent’s Due Diligence program includes services such as:

  • Pre-Transaction Due Diligence
  • Post-Transaction Due Diligence
  • Quality Control Advisory Services
  • Valuation Due Diligence
  • Settlement Reviews