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""Pro Teck Valuation Services"":http://www.proteckservices.com/ announced Wednesday the availability of a new suite of data and analytics for assessing the value of turning REO properties into rental investments.
[IMAGE] [COLUMN_BREAK]The REO-to-Rental Analytics Suite provides data and analytics on REOs, market rents and yields, market drivers and forecasts, and property information to help determine which properties would be the safest, most profitable candidates for rental investments. The suite can find what the property is worth, its current condition, cost of necessary repairs, expected yields, and more.
""The abundance of foreclosed homes, a 35 percent decline in home values since the 2006 peak, and a strong rental market has led investors to look at REO-to-Rental as a solid investment opportunity,"" said Tom O'Grady, CEO of Pro Teck. ""We've seen many astute investors acquire REOs that can turn a positive rental income in the short term with a longer term exit strategy to sell for a profit when home prices appreciate. Pro Teck developed the REO-to-Rental Analytics Suite to support investors who are looking for tools to help them make informed decisions.""
Pro Teck is a Waltham, Massachusetts-based provider of residential real estate valuations.
