About Us – Overview
COMPASS REO INC. is a minority, woman-owned business dedicated to the listing and sale of traditional real estate and the management and sale of REO properties. Owned and operated by Marisa Barragan, the company has over a decade of experience handling any and all facets of the REO industry and 25 years of general residential real estate experience.
Compass REO Inc. has become known for providing assistance to troubled homeowners looking for advice on their real estate needs. We proudly support and donate to The Make a Wish Foundation, St. Therese Catholic Church and various local schools.
About – REO
Among our top priorities, keeping all of our assigned properties safe, secure, and clean are at the top of our list. Through our repeated experience with the foreclosure process we have established a firm understanding of all of its aspects including completion of exterior and interior BPOs, negotiations with occupants and the enforcement of evictions. We oversee every step of the process from preliminary assignment to funding and closing. Along with a personal evaluation of every property, we provide direct communication with designated banks and handle all negotiations.
Given the complex nature of the REO business, we have made it a priority to continually adapt our procedures and best practices to ensure our success as an REO brokerage. As supervising broker, Marisa Barragan oversees all departments and makes it a point to personally carry out initial inspections of all properties under our management.
Weekly inspections are performed on a rotating basis with the assistance of 2 sales agents on staff from that point onward. It is vital for each member of my team to have an in depth knowledge of each of our listings so that we can collaborate to design the best marketing plan for every home.
Along the years we have developed strong working relationships with a variety of local vendors and independent contractors that are kept on call at all times to handle all REO needs from winterization and snow removal to property preservation and full landscape maintenance. We recognize how crucial their expertise is for the sale of these types of homes and because the properties we sell are expected to be maintained, it is the firm belief of COMPASS REO INC that passersby and neighbors should never be able to discern an REO property by its appearance.