Polar CMC, a California corporation was established in 2008 when a group of professionals in the REO industry realized that the real estate market was taken by storm. Investors, Sellers, Servicers Asset Management Firms, Title Companies, Escrows and Buyers were not prepared for the effect the magnitude of non-performing assets would place on the market. After all the work leading up to the sale of the REO assets, all parties were tasked to complete a complex closing process without a neutral managing party to prevent the expensive cost of contract delay.
Polar CMC, Inc. is a Closing Management Company that is focused on providing the Seller of REO assets and their Buyers assistance in the expeditious close of distressed properties.
Typically, assets which are processed with the assistance of Polar CMC will close 5 to 10 days faster.
Our experienced staff successfully and accurately assists in the close of hundreds of REO contracts each month with capabilities of increasing our volume tenfold.
Polar CMC delivers RESULTS to our Clients
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Buyers avoid expensive per diem penalties
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Buyers, their selected lenders and agents are guided to meeting their contract obligations
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REO Departments achieve volume liquidation of their REO Assets
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REO Closing Managers comfortably raise their monthly quotas without increasing staff
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REO Department Closer’s productivity is substantially increased
