Integra Group Real Estate Enhances Resale Value of REO and Distressed Homes with its Integra Process

TUCSON, Ariz., Nov. 2, 2011 – Integra Group Real Estate LLC, a brokerage firm specializing in the marketing and sale of REO, HUD and distressed properties in Southern Arizona, announced it has enhanced its workflow capabilities through the implementation of its Integra Process to increase the overall quality and value of property listings.

The Integra Process is driven by the company’s advanced back office technology that significantly enhances the traditional brokerage process for mortgage lenders, banks and government-sponsored enterprises (GSEs). The process provides clients with complete transparency including auditable trails of its property preservation efforts and client accessible up-to-date property photos, inspection logs and portfolios. The technology allows the Integra team to remain in compliance with client specific requirements, utilize fleet tracking units to verify weekly property visits and inspections as well as increase the volume of properties managed efficiently.

“With an increasing number for REO properties on the market, it is becoming much harder for lenders to manage such high volumes,” said Eric Lichtenheld, president of Integra Group Real Estate. ”Integra Group can alleviate that burden, reducing the time a property is on the market and increasing asset and neighborhood values by making a home FHA financeable.”

Clients benefit from Integra’s Close of Escrow follow-up system that ensures contracts do not fall out of escrow by sending automatic email reminders of necessary steps to real estate agents. Integra Group’s paperless workflow system provides data integrity and security with four backup servers and automatic archive capabilities. Clients also have access to an in-house locksmith, which enables the broker to immediately conduct occupancy and personal property verifications at no additional cost.

“The Integra Group guarantees due diligence on each property examined though the Integra Process, enhancing the management and preservation of properties and ensuring adherence to FHA guidelines, ” said Lichtenheld. “Our detailed, proven approach reduces the overall holding time of assets by 20-30 percent, and turns REO, investor and cash properties into owner occupant sales.”

Integra Group provides thorough property inspections, evaluation, counseling, relocation assistance and strategic marketing and sales assistance to mortgage lenders, banks and GSEs.

About Integra Group Real Estate

Founded in 2005, Tucson, Ariz.-based Integra Group Real Estate LLC is a brokerage firm specializing in the management, preservation and marketing of REO, HUD and distressed properties to underserved demographics in Southern Arizona. Through its proprietary Integra Process, the broker provides strategic property evaluation, counseling, preservation and property marketing assistance to four of the top 10 U.S. mortgage lenders. For more information, visit www.IntegraTucson.com.

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