• Property Maintenance.

Magnum is a full service real estate brokerage company.  In addition to the repair services outlined in paragraph 3 above, Magnum also provides property maintenance service. A well maintained property enhances the chances of a quick sale of the property.

The procedure for maintenance of REO property:

  • A property maintenance agreement will be attached to the listing agreement for any particular REO property.
  • The agreement will set forth the services to be rendered and the fees for said services.
  • Routine maintenance includes prompt snow removal, necessary lawn mowing and a host of other services selected by the Bank’s asset manager.
  • Services will be paid in accordance with the agreement.

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