The Vector Companies have extensive experience consulting with Financial Institutions and other Lenders throughout the State of Florida.
Services provided include:
Loan workout services
Serving as Court-Appointed Receivers
Property Evaluations incorporating value, market absorption, assessments on the most beneficial property use, permitting, construction, insurance status, accounts payable, lien status, and other safety considerations of the property.
Completing unfinished buildings through the oversight of the Architects, Contractor and Subcontractors. This includes keeping existing projects permitted and secure while working with existing Condominium and Homeowner Associations, if need be.
Negotiating payment settlements to Contractors, Subcontractors, Vendors, and Suppliers that have held liens or lien rights on properties. These services are extremely helpful because they prevent lenders from having to go through the foreclosure process or bankruptcy proceedings when trying to acquire properties back in an expeditious manner.
Coordinating the entire foreclosure process by working side-by-side with attorneys to not only complete, but also monitor the foreclosure process, even through bankruptcy proceedings.
