REO Asset Management & Bank-Owned Property Services
Veteran-owned solutions for lenders, servicers, and agencies
Complete bank-owned property services from valuation to disposition.
We are guided by three core commitments:
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We believe veteran leadership ensures accountability and trust.
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We believe compliance and speed are essential to protecting value.
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What should we know about the services you provide? Better descriptions result in more sales.
Solutions:
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We believe veteran leadership ensures accountability and trust.
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We believe compliance and speed are essential to protecting value.
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What should we know about the services you provide? Better descriptions result in more sales.
Why Choose Us:
At Lima Charlie Inc, a veteran-owned company, we provide trusted, efficient, and tailored asset and title management services.
Here’s why you should partner with us:
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Tailored Property Solutions
• At Lima Charlie Inc., we approach REO Asset Management with the same discipline and reliability that earned us FEMA and DOD trust.
• We act as a single point of contact for lenders and investors, coordinating vendors and streamlining oversight for bank-owned properties.
• From Property Preservation and foreclosure alternatives to disposition strategies, we customize solutions to reduce costs and improve timelines.
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Compliance You Can Rely On
• As a veteran-owned and operated company, we put compliance at the center of every service we deliver.
• We provide lenders and investors with clear reporting, ensuring full visibility on property status, timelines, and risks.
• Every transaction is documented, audited, and measured to align with both federal standards and investor requirements.
• Our Nationwide REO Management framework enables consistent execution across markets while adapting to local needs.
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Strengthening Value and Communities
• We understand that vacant properties impact more than balance sheets—they affect entire neighborhoods.
• Our commitment is to protect financial value for clients while supporting community resilience through compliance-focused property solutions.
• Guided by veteran leadership, our team delivers service with accountability, integrity, and speed.
• We help lenders and investors turn real estate owned properties into safe, reliable housing opportunities.
As a veteran-owned company, we bring discipline, integrity, and a commitment to excellence in everything we do.
Partner with Lima Charlie Inc for reliable, innovative asset and title management.
Contact us today to learn more!
REO & Bank-Owned Property Services
Our Services
We offer a structured approach to managing real estate-owned (REO) assets and bank-owned properties, designed to reduce risk and protect value.
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REO Asset Management & Disposition
Lima Charlie Inc. provides nationwide REO Asset Management services designed to help banks, lenders, and investors reduce vacancy timelines, protect property value, and ensure compliance.
• End-to-end oversight from securing assets through final disposition
• Coordination of vendors, valuations, and market strategies
• Compliance-focused execution to minimize risk and delays
• Flexible solutions for single assets or large portfolios -
Rental Property Management
We support lenders and investors holding rental assets with full-service property management to protect investments and stabilize returns.
• Tenant placement and coordination
• Lease agreement management
• Rent collection and disbursement
• Maintenance, repairs, and habitability compliance
• Transparent reporting for performance tracking -
Property Inspections
Our inspection services deliver accurate reporting to support decision-making at every stage of the property lifecycle.
• Occupancy verification and condition assessments
• Pre- and post-sale inspections
• Disaster response and habitability checks
• Compliance with federal, state, and investor requirements
• Quality control audits and documentation -
Property Preservation
We safeguard vacant and distressed assets with reliable preservation services that maintain compliance and protect value.
• Securing and rekeying
• Debris removal, janitorial, and landscaping services
• Seasonal maintenance, winterization, and repairs
• Vacancy registration and documentation
• Eviction support, including lockouts when required -
Eviction & Possession
Our team manages eviction and possession services with compliance, speed, and respect for all legal requirements.
• Coordination with attorneys and vendors nationwide
• Documentation and court-required compliance
• Relocation support for occupants when applicable
• Transition management to reduce risk and timelines -
Property Auctions
We help lenders and investors expedite property disposition through auction services that maximize exposure and reduce holding costs.
• Foreclosure and REO auctions (HUD, direct, and second chance)
• Buyer engagement and targeted marketing campaigns
• Property and buyer analytics to reduce risk
• Faster turnaround to shorten vacancy periods -
Title and Closing Coordination
Our nationwide network ensures smooth, compliant, and timely closings.
• Title search and availability tracking
• Closing disclosures and HUD-1 reviews
• Contract execution and return management
• Resolution of title issues and addendums
• Confirmation of funds, wires, and closing timelines -
Pre-Foreclosure Short Sale Services
Lima Charlie Inc. assists lenders and investors with pre-foreclosure short sale solutions that minimize losses, protect compliance, and reduce the impact on both clients and communities. Our team manages the process from initial outreach through closing, ensuring transparency and accountability every step of the way.
• Coordination of borrower communication and pre-foreclosure outreach
• Guidance on short sale options, alternatives, and compliance requirements
• End-to-end management of listings, negotiations, and documentation
• Vendor and broker network support to expedite transactions
• Efficient closing coordination to reduce risk and accelerate timelines
Simplify Your REO Process
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Lower costs
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Ensure compliance
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Speed up disposition
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Partner with a veteran-owned team built to execute
Request REO Support Today
Let’s make your asset management simple, compliant, and effective.
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It is the process of managing bank-owned properties after foreclosure, including inspections, preservation, compliance, and disposition.
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Also known as REO properties, they are assets returned to the lender when foreclosure auctions do not result in a sale.
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The VA has structured programs to manage and transition properties tied to VA loans. These programs require strict compliance, detailed reporting, and experienced property oversight — all areas where Lima Charlie Inc. provides support.
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A property becomes REO when it fails to sell at a foreclosure auction. Ownership reverts to the lender, who must then secure, preserve, and prepare the property for resale.
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Yes. Most REO properties are sold in their current condition. This makes property preservation and maintenance essential to protect value before a sale or transfer.
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Holding properties is costly. Banks may reduce pricing to accelerate sales, cut vacancy costs, and minimize financial risk.
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We use a compliance-first approach. Every inspection, preservation, eviction, and closing is documented and auditable. This protects clients from regulatory issues, legal exposure, and costly mistakes.
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Lima Charlie offers nationwide coverage, ensuring the same standards, speed, and reporting whether you have 1 property or 1,000 across the country. No need to juggle multiple local vendors.
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Our team coordinates closely with attorneys, courts, and title companies to keep timelines on track. By managing every step, we reduce costly delays and accelerate asset disposition.
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We don’t rely on fragmented networks. Lima Charlie manages performance and accountability directly, ensuring every property is preserved, inspected, and managed to standard — no excuses.
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By acting quickly to secure, preserve, and prepare assets, we shorten vacancy periods. Faster readiness means lower taxes, utilities, and maintenance costs for our clients.
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We provide transparent reporting and regular updates so clients have full visibility on property condition, timelines, and compliance status at every stage.
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As a veteran-owned and operated business, Lima Charlie Inc. brings accountability, speed, and mission-driven execution. Trusted by FEMA and the Department of Defense, we apply the same standards to REO management for banks and investors.