SunTrust REO Properties are managed by a special division of SunTrust Mortgage, Inc. The REO division, also known as SunTrust Mortgage REO Department, may hire professional asset managers or asset management companies to keep these properties in good condition until they are sold.
Moreover, there also exists a nationwide network of real estate agents and brokers who assist the bank in selling homes and residential properties that it has acquired either through a foreclosure process or a deed in lieu of foreclosure.
One can view the listings of such bank-owned properties at SunTrust website, but to start a sale process they must contact the real estate agent assigned for the listing they are interested in.
SunTrust REO Properties for Sale
The listings of SunTrust REO Properties for Sale can be seen on the website suntrust.res.net. You can customize your search to get results that match your criteria of bed, bath, price and location.
Alongside each listing, you may find property specifications, location details, photo and the complete contact details of the real estate agent managing that listing. Once you have found something that perfectly matches your expectations, you can contact the agent to get more details and set a date for inspection and further negotiations.
The listings of SunTrust residential real estate for sale are also available at local agents providing Multiple Listing Service (MLS). Besides, the bank also offers commercial REO properties for sale through its banking division.
Moreover, it is possible for an agent to work with SunTrust Mortgage, but one needs to first participate in Res.net to finally get approval for the program. For more information one can contact SunTrust REO Division.
SunTrust REO Division
SunTrust REO Division handles all issues related to asset management and sale of real estate. It may hire a private asset management company to obtain professional assistance from them and invite applications from qualified real estate agents to help it sell REO homes at fair market price.
Also referred to as SunTrust Mortgage REO Department, the Division has no direct phone number for real estate buyers and agents. However, one can contact the customer service department of the bank to know about any aspect of SunTrust REO properties. Here is the contact detail:
Phone Number: 1-800-634-7928
Keep browsing our website to get more on SunTrust Mortgage. You can also visit the website of the company to get even more information on any aspect you are interested in.