NPL and REO to Rental

This is an exciting new area of the business. Institutions have begun to sell off loan portfolios to a variety of non-bank entities.

We Can:

  • Be the local representative for the entity
  • Determine occupancy
  • Determine condition and value of asset
  • Coordinate resolution with homeowner or occupant (CFR, Short Sale, Assist with modification signing, etc.)
  • Locate rehab and make ready vendors
  • Make property management arrangements
  • Locate one-off buyers of NPL or property assets


As the single family residential market continues to evolve, Xterra Real Estate has been uniquely positioned to service the institutional fund buyers as acquisition agents. We have assisted several funds as they enter the Houston market and look forward to assisting you.

Because real estate is Your Business