REO Lead

Description

Pre-Foreclosure Oversight

• Research and prepare documentation for monthly REO review meetings, including tax data, property valuations, loan balances, redemption rights, and owner contacts.
• Coordinate judicial foreclosure processes and manage external bidders across counties.

New Foreclosure File Setup

• Create electronic files, scan and organize documentation, and manage property photos and mapping data.
• Coordinate notices to vacate, including certified mail processes and redemption communication.
• Prepare and submit eviction documentation; track hearings and writs as applicable.

Inventory Management

• Maintain accurate logs for REO inventory, including utility setups, maintenance schedules, and property insurance.
• Oversee invoice approvals for repairs, maintenance, and vendor services.
• Support rent collection processes and maintain rental payment logs in coordination with internal stakeholders.

Rental & Leasing Support

• Draft leases and coordinate with tenants on rental issues and maintenance needs.
• Work with legal partners and internal staff to manage evictions and related proceedings.

Disposition Support

• Analyze property-level data to inform listing and pricing strategies.
• Collaborate with listing agents and coordinate with title companies to resolve encumbrances or legal issues.
• Represent Propel at eviction hearings as needed and support drive-bys or on-site visits.

Requirements

• Active Texas Real Estate License required
• Minimum 3 years of real estate experience, with a preference for REO or property management background
• Strong multitasking, time management, and organizational skills
• Excellent written and verbal communication; bilingual (Spanish) preferred
• Familiarity with Fair Housing Laws, promulgated contracts, and Microsoft Office Suite
• Comfortable managing challenging conversations with diplomacy and professionalism