Property Preservation Specialist

5 days ago


Bengaluru, Karnataka, India Altisource Full time

**Job Summary:**

We are seeking a highly skilled Property Preservation Specialist to join our team at Altisource. This critical role involves ensuring the timely completion and coordination of all necessary activities to secure, maintain, and preserve REO properties acquired through reverse mortgage foreclosures.

**Key Responsibilities:**

  • Manage the REO property preservation process for reverse mortgages, adhering to company procedures and legal guidelines.
  • Coordinate and oversee timely completion of property inspections to identify any safety hazards or maintenance needs.
  • Secure vacant properties to prevent unauthorized access and vandalism.
  • Oversee property clean-out and debris removal.
  • Manage lawn maintenance, including grass cutting and landscaping, to maintain curb appeal and prevent code violations.
  • Coordinate winterization services to protect vacant properties from weather damage during cold seasons.
  • Ensure completion of other life safety and preservation measures as needed (e.g., board-up services, plumbing shut-off).
  • Track and document all preservation activities for each property.
  • Collaborate with asset managers and other departments to ensure a smooth transition when properties are ready for listing and sale.
  • Maintain accurate and complete records for all REO properties under your purview.

**Requirements:**

  • A minimum of 1-3 years of experience in property preservation, REO management, or a related field.
  • A strong understanding of reverse mortgage foreclosure timelines and procedures.
  • Excellent communication and coordination skills to work effectively with vendors, contractors, and internal departments.
  • A proactive and detail-oriented approach with a focus on timely completion of tasks.
  • The ability to prioritize and manage multiple tasks simultaneously in a fast-paced environment.
  • Proficiency in PPW and Resnet applications.

**Estimated Salary:** $60,000 - $80,000 per annum, based on industry standards and location.



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