Special Asset Management - SAM--a company dedicated to a singular mission - combining best in class technology with a 189,000-person strong national network of trained and experienced real estate agents to rapidly meet the changing needs of our clients while providing them with complete data access - in a real time environment, under the client's control. Created to effectively handle large volumes of properties and mitigate the traditional "paper intensive" process. SAM has assembled an executive team of real estate and financial services professionals who bring an unparalleled level of experience and accomplishment to solving our mortgage-holder clients' distressed property challenges.
Founded in 2002, SAM has expanded its purview in recent years to address the effects of the current economic downturn. We have successfully combined our proprietary technology with local market data to drive region-specific approaches to distressed property sales. We deliver a number of key solutions to the financial industry through these main service areas:
Short Sales. SAM has emerged as a leader in executing effective HAFA compliant Short Sales for homeowners and mortgage lenders that are seeking the most feasible solutions for distressed properties. A revolutionary blend of technology-based and traditional real estate marketing and sales developed by SAM as a foreclosure avoidance strategy has garnered growing support throughout the United States, offering a streamlined approach that maintains its sensitivity to both the emotional and financial aspects of Short Sales.
The trained network of SAM agents, touching every US community, furnishes a distinct advantage to SAM clients in understanding pricing, neighborhood and property concerns that the other national companies don't usually comprehend. For mortgage lenders and servicers, SAM offers the constant capability to view the status of any property remotely, providing the servicer to quickly agree to sales offers that are made and to counter-offer as the situation dictates. All parties-current owner, real estate agent, mortgage servicer and prospective new buyer-are "in the game" at all times, thanks to SAM's proprietary technology, avoiding the excruciatingly long waits that have been traditionally been components of real estate sales.
For further information on SAM Short Sales, click here.
Other Property Sales, through which SAM works directly with homeowners, financial institutions and real estate professionals to determine the most effective manner in which to market and transact properties to individual buyers. SAM's national roster of trained and experienced agents is America's foremost resource for managing short sales, providing a significant service to both property-owners and communities in effecting workable solutions to very difficult personal situations.
SAM successfully collaborates with financial institutions to assess their distressed properties and determine strategies to employ in moving the properties back into the hands of individual owners. Our SAM Professional Database is often tapped to initiate a quick and winning process for transacting the properties. Current residential property opportunities available through SAM can be viewed on our Property Sales website.
The Educational Institute, a professional training resource that provides clarity and consistency to the process of managing special real estate assets among the involved disciplines. The Educational Institute is a collaboration among national trade associations, the real estate community, and professional educators, as well as SAM proprietary technology training.
The primary focus of the Educational Institute is to provide agents, servicers and all stakeholders in the SAM process' the training tools and government regulations to ensure their role in the process is highly effective utilizing best practices. For further information on the Educational Institute, click here.
For further information on all of the SAM services, click here.