With Project Rescue, we assist lending institutions that are in the process of foreclosing on properties, or who have foreclosed already. We help the banks analyze the work that needs to be done and put a plan together to accomplish this goal and bring the projects to completion. We have the staff that we can deploy to distressed projects very quickly.
We have seen that banks are reluctant to foreclose because they do not want to be "stuck" with bad projects. What the banks must understand is that the properties will further devalue because of neglect. There could be water damage, toxic mold, vandalism, etc. We can help your bank before it is forced to completely write off these projects and dump them as "fire sales."
Project Rescue helps you save a project before it falls into decay.