Let us help make you whole.
EpiCity has been helping financial institutions understand their options, prevent losses, minimize liabilities and maximize the dollar amount recovered for over 35 years. We’ve worked directly with private and institutional lenders as well as their borrowers to manage a wide variety of troubled assets including single-family homes, apartment communities, office buildings, warehouses, and self-storage facilities.
We believe there are three essential components for properly handling troubled assets:
1. Understand the Alternatives
It’s critically important that lenders understand their options. While foreclosure can sometimes save a portion of the investment, depending on the state of the asset, it can also result in greater liabilities. At times, the wise decision may be to simply walk away.
2. Take Prompt, Strategic Action
Lenders who take action right away have a significantly better chance of recovering the investment and minimizing losses. It’s the same advice you’d get from any medical provider: Early diagnosis and fast action are your best bet for overcoming a health issue. When the health of your asset is on the line, don’t wait.
3. Get Help
EpiCity is available at any stage to help identify options and design a plan for managing the asset. We can catch problems before they snowball and prevent them from becoming unsalvageable situations. In the early stages, such problems are typically easier, faster and less expensive to fix. But it’s never too late to get a second opinion. With our assistance, many properties have been resuscitated.
To schedule a no-cost, no-obligation consultation with EpiCity, please complete the form below. A representative will contact you within 24 hours.