Distressed Asset Protection Plan
As lenders continue to foreclose on properties, the inventory of sites is rising exponentially. Unfortunately, overworked asset managers are unable to cope with the large number of properties on the books. A large percentage of the foreclosed properties have “site improvements,” in the form of buildings and infrastructure, some of which are 100% complete, while others are in some stage of construction. Many of these properties are vacant and/or construction has stopped and will remain that way until they are sold by the lender.
A comprehensive Asset Protection Plan can be implemented to help manage and preserve the value of foreclosed properties. Generally, an Asset Protection Plan can be broken down into three categories: Liability Protection, Site Maintenance and Site Protection.
Click here to download GLE's Distressed Asset Protection Plan and learn how to better preserve the value of your foreclosed properties.
Submit a question and one of GLE's experts will contact you within 24 hours.
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GLE Associates is a Facilities and Environmental Consulting Firm that services the following cities and surrounding areas: Tampa, Orlando, Jacksonville, Gainesville, and Ft Lauderdale, Florida; Atlanta, Georgia and Nashville, Tennessee.