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Residential Broker-Direct Asset Management

One-Four Family 
At-risk, Distressed & REO/Bank Owned

River Realty Services has been managing and marketing residential, one to four family, at risk, distressed and bank owned properties for over 25 years. In this time, we have helped countless mortgage lenders, banks and loan servicers successfully dispose of thousands of properties throughout New York's Hudson Valley Region, the Catskills and beyond.

Professional Highlights:

  • CDPE - Certified Distressed Property Institute
  • NRBA - National REO Brokers Association
  • REOMAC - Real Estate Owned Managers of California
  • NYSREO* - New York State REO Brokers Association (*Founding member)
  • REONetwork

A member of five regional MLS Systems:

  • Mid Hudson MLS
  • Greater Hudson Valley MLS
  • Sullivan County MLS
  • Ulster County MLS
  • Westchester / Putnam County MLS - Member

Long term default servicing relationships
with with all leading banks, servicers and GSEs:

  • Fannie Mae and Freddie Mac
  • HUD / VA
  • SONYMA
  • GINNIE MAE
  • Bank of America
  • JP Morgan / Chase
  • Wells Fargo

Full service residential broker-direct asset management and marketing services:

  • Expert Relocation Assistance - CFK
  • On Going and Periodic Site Inspections
  • Local Property Preservation Vendor Network: Trashout, Winterization, Sales Cleanings, On Going Lawn and Snow Services
  • Local Vendor Network - Capital Improvements
  • Utilities Management
  • Eviction and Lockout Management
  • Personal Property Coordination and Management
  • Asset Valuation and Marketing Analysis
  • Drive By / Interior Broker Price Opinions Throughout the Default and REO Disposition Cycle
  • Monthly Marketing Reports
  • MI Bidding and Valuation
  • Escrow/Closing Coordination Including NYS Attorney Network

For more information on our residential 1-4 family broker-direct asset management services contact: Lee A. Raphael / Managing Principal @ Lraphael@riverrealty.com / 845.564.2800 x116

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