Bridging the Gap!

The foreclosure process is difficult for both borrower and lender, but what makes the largest impact on the process is the emotions of the borrower. These emotions range from sadness to anger, that's where our process comes in. Our program is designed to establish contact with the borrower soon after the Sheriff's Certificate has been completed. In doing this we minimize the impact of a disillusioned borrower who may decrease the value of the property by causing damage and or removing items of value during the final redemption period.

Our Typical process is:

• Equicore field services establishes contact with the defaulted borrower to explain the foreclosure process of leaving their home. We cover intended date of departure, and the potential legal ramifications of not leaving the property in its original condition

• An Equicore representative will schedule a time to meet the homeowner at the property location shortly before or after vacating the property to again advise them of any potential avenues pursued if property is damaged or stolen. Equicore will make a visual inspection of property at that time if permitted and will obtain homeowners signature on a Receivership damages form.

• Immediately after surrendering of the property our field service staff will take an entire inventory of the property with photographs to detail what condition the home was left in. 

• If in the event property is damaged Equicore will send a trained damage inspector to inventory damages and assess. Photos, Inventory Forms, Receivership forms will be provided to lender.

• Equicore representative will contact the local authorities and provide all information to begin a Police Damage or Theft Report upon client's request.

Quick Contact:

800-757-1462 Toll Free

1-888-397-0542 Fax

Minneapolis, MN - Corpus Christi, TX

Info@Equicore.com

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