Monthly Archives: November 2014

REOs Highest in Florida – Again

RealtyTrac’s report on the foreclosure market for the month of October is out, and the stats are in: Maryland has beat us out here in Florida for the nation’s highest foreclosure rate out of all states — but just barely.

Posted in REO

Cutting Costs: Where NOT to Cut

Freddie Mac has been cracking down on repair bids lately, in an attempt to cut costs. Most recently, we were informed that any REO repair bids totaling over $10,000 would require a second bid to be obtained — essentially, a

Posted in Uncategorized

Take It From Us: Paint That Garage Floor!

As contractors, when we submit a bid for repairs on an REO property, we’re not just looking at carpentry, plumbing, and electrical fixes. We’re also looking at what improvements might be necessary to get a property sold, and as an

Posted in REO

Testimonials

Erin, I just wanted to mention, you are one of the top professionals we have ever worked with. We appreciate your efforts every day, as well as Chad’s. Please expect us to keep selecting Phillips Contracting as the number 1 GC for us.
Professional to the Core