24 Asset is committed to the socially responsible disposition of assets on behalf of all of its valuable Clients.
Strategic Redeployment: Assets are reintroduced to the marketplace through innovative and socially responsible disposition methods in conjunction with municipalities, communities, and neighborhoods. Public and private programs are identified and utilized to assist prospective homeowners, including: Section 8 Homebuyer, FHA 203(k) renovation loans, FHA reverse mortgages , Fannie Mae HomePath®, FNMA and FNMAC Direct Seller, and down payment assistance programs. A self-financed homeownership program for first time buyers as well as a “second chance” buyer program for borrowers adversely affected by unfavorable market conditions are also employed.
Community Revitalization: The need for immediate occupancy in targeted markets is identified to reduce the neighborhood instability that continues to thwart economic development and real estate growth. State-of-the-art management systems are implemented to ensure all assets are managed and physically maintained during the process to ensure superior industry property preservation standards, mitigate vandalism, prevent blight, and encourage community confidence. Grass roots and local organizations such as Home Free USA, NeighborWorks sponsored non-profits and the National Faith Homebuyer Program serve as instrumental marketing outlets for assets.
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