REO Asset Sales & Marketing Plan
-Reducing Total Cost of Transactions
FREE Professionally Prepared Physical Inspection Report
FREE Front Door Re-Keying
-Fast Asset Disposition
-Strong Negotiation and Management
-Reliable and Professional Servicing
who we are
VERDUGO PROPERTIES/FUNDING, INC. IS A FAMILY OPERATED BROKERAGE FIRM SPE-
CIALIZING INLOS ANGELES COUNTY. FOUNDED BY VIC AVAKIAN, OUR COMPANY WAS
BUILT ON 30 YEARS OF KNOWLEDGE, EXPERIENCE, EXCELLENCE, AND STRONG RELATION-
SHIPS. O VER THE YEARS WE HAVE PROVIDED A BROAD SPECTRUM OF REAL ESTATE
INVESTMENT SERVICES TO OUR CLIENTS SUCH AS INVESTMENT SALES, RESEARCH,
ADVISORY, FINANCING, LEASING AND PROPERTY MANAGEMENT. A S WE GAIN MORE AND
MORE RECOGNITION IN OUR SUBMARKETS AND BUILD STRONGER RELATIONSHIPS WITHIN
OUR COMMUNITY, WE ARE ABLE TO PRESENT TO OUR CLIENTS CERTAIN VALUABLE ADVAN-
TAGES THAT OTHER FIRMS MAY NOT.
NOW MORE THAN EVER, BANKS AND ASSET MANAGERS NEED BROKERS WHO ARE WELL
ATTUNED TO THE MARKET AND HAVE THE SKILLS, CONTACTS AND RESOURCES NECESSARY
TO HELP THEM GET THROUGH TRANSACTIONS IN THE QUICKEST, LEAST COMPLICATED AND
MOST PROFITABLE WAY POSSIBLE. THAT'S WHY WE' VE ESTABLISHED A TEAM OF DEDI-
CATED PROFESSIONALS WHO ARE READY AND WAITING TO ASSIST YOU IN THE DISPOSITION
OF YOUR FORECLOSED ASSETS. OUR TEAM CONSISTS OF EVICTION ATTORNEYS, LICENSED
AND BONDED PROPERTY INSPECTORS, MAINTENANCE CREWS, CONTRACTORS, CERTIFIED
APPRAISERS, SENIOR LOAN CONSULTANTS AND SEASONED BROKERS.
IN A NUTSHELL, WE ARE A FULL SERVICE REAL ESTATE BROKERAGE COMPANY WHO IS
WELL- CONNECTED, HIGHLY QUALIFIED AND READY TO USE OUR RESOURCES TO SELL YOUR
PROPERTIES FOR THE HIGHEST PRICE POSSIBLE TO THE MOST QUALIFIED BUYER IN THE
SHORTEST AMOUNT OF TIME. WE ARE A COMPANY WHO OFFERS YOU THE MOST PRECISE
AND RECENT INFORMATION ABOUT THE PROPERTIES THAT YOU HOLD. WE ARE A COMPANY
WHO IS WILLING TO WORK WITH YOU TO TACKLE EVERY OBSTACLE AND GET DEALS DONE.
At Verdugo Properties/Funding, Inc., our mission is to help our clients set and reach their
financial goals by proactively providing them with the best real estate investment sales,
financing, research, advisory services and management possible.
reducing total cost
We're offering to pay for a professional property
inspection report and re-keying costs to help mini-
mize your transaction costs. Knowledge is the name
of the game. We supply you with the most recent
and precise information about the physical condi-
tion of the property so you can make a more precise
REPORT AND RE-KEYING valuation and assure a trouble-free sale in less time.
By using our company you will:
By offering a full range of services from initial - Get accurate and up-to-date
drive-bys to contract negotiation and closing, we property valuations
can simplify the entire process and reduce waste in - Have FREE professional property
terms of timing and costs. Our business model and inspections
our practices are geared towards the REO industry
and moving properties quickly, in a professional - Achieve maximum marketing
and service oriented method. potential
- Assure strong negotiations on your
behalf and the ability to close
what we do for you
In today's market, you need to know as much as possible about a property before making a deci-
sion. However, most default servicers don't have the time or resources necessary to stay on top of
the local market or keep up with the condition of the properties they're servicing. That's why we
not only provide you with only the most recent market information, but we also offer to take on
some of the initial costs.
Fast Asset Disposition
As experts in the field of selling residential and commercial real estate, we happen to know a
thing or two about marketing properties to sell quickly. Over the years we have established
relationships with numerous clients who work with us exclusively to acquire, manage, and
dispose of portfolios of investment property (and the list keeps growing by the day). Our
unmatched access to private capital and aggressive marketing plan will enable us to effectively
sell your properties in the shortest amount of time possible. What do we do differently when it
comes to marketing properties? Check out our marketing plan.
Our broad range of services are tailored to assist lenders and government agencies proactively
to evaluate assets prior to entering the distressed assets process and to help manage and dis-
pose of those that have already become distressed. Also, we provide accurate, real-time valua-
tion of assets (by form of FREE BPOs and physical inspection reports) in order to help you decide
whether to proceed with foreclosure or explore other options such as property management
Conduct an initial drive-by and determine occupancy
Take exterior photographs
Perform an initial exterior BPO
Monitor the property on a weekly basis and report status
Work with attorneys, law enforcement, negotiate cash for keys and assist in the
Secure, re-key, clean-out and establish utilities within 24 hours
At NO cost, complete a professional physical inspection
Secure repair estimates and termite inspection
Manage authorized repairs, maintenance and related paperwork
Market the property to the fullest extent possible (MLS listing services, signs and
riders, internet campaigns—web and email, flyers, brochures, local advertising, door
knocking, realtor board and public open houses and all related print advertising).
Manage the property, including property rental agreements, weekly inspections,
detailed invoicing, billing (pre-paid) and services management, as well as long term
Obtain highest value for property through marketing and negotiation
Pre-screen and find high quality buyers with the ability to close quickly
Manage the escrow process to ensure on-time closings
East Los Angeles
East Los Angeles
Altadena 91001 Encino 91316 Lynwood 90262 San Marino 91118
Arcadia 91006 Glendale 91201 Manchester 90003 Santa Fe Springs 90670
Arcadia 91007 Glendale 91202 Mar Vista 90066 Santa Monica 90405
Azusa 91702 Glendale 91203 Marina Del Rey 90292 Sherman Oaks 91403
Baldwin Park 91706 Glendale 91204 Maywood 90270 Sherman Oaks 91423
Bell Gardens 90201 Glendale 91205 Miracle Mile 90036 Sierra Madre 91024
Beverly Hills 90210 Glendale 91206 Mission Hills 91345 Silver Lake 90039
Beverly Hills 90211 Glendale 91207 Monrovia 91016 South El Monte 91733
Beverly Hills 90212 Glendale 91208 Montebello Hills 90640 South Gate 90280
Beverly Hills 90213 Glendale 91209 Monterey Park 91754 South Pasadena 91030
Boyle Heights 90033 Glendale 91210 Montrose 91020 Sun Valley 91352
Burbank 91501 Granada Hills 91344 North Hills 91343 Sunland 91040
Burbank 91502 Hacienda Heights 91735 North Hollywood 91603 Tarzana 91356
Burbank 91503 Hancock Park 90044 North Hollywood 91604 Temple City 91780
Burbank 91504 Hawthorne 90250 North Hollywood 91605 Toluca Lake 91610
Burbank 91505 Highland Park 90042 North Hollywood 91606 Tujunga 91042
Burbank 91506 Hollywood 90028 North Hollywood 91607 Van Nuys 91401
Burbank 91507 Hollywood 91602 North Hollywood 91608 Van Nuys 91405
Burbank 91523 Huntington Park 90255 North Holywood 91601 Van Nuys 91406
Canoga Park 91303 La Canada/Flintridge 91011 Northridge 91324 Van Nuys 91411
Chatsworth 91311 La Crescenta 91214 Northridge 91325 Venice 90291
City of Industry 91734 Los Angeles 90004 Northridge 91330 Wagner 90047
Commerce 90040 Los Angeles 90005 Norwalk 90650 Washington 90011
Covina 91722 Los Angeles 90007 Pacoima 91331 West Covina 91790
Culver City 90230 Los Angeles 90010 Palms 90034 West Covina 91791
Culver City 90232 Los Angeles 90021 Panorama City 91402 West Covina 91792
Downey 90240 Los Angeles 90022 Pasadena 91101 West Hills 91307
Downey 90241 Los Angeles 90024 Pasadena 91102 West Los Angeles 90025
Downey 90242 Los Angeles 90026 Pasadena 91103 West Los Angeles 90048
Downtown LA 90012 Los Angeles 90027 Pasadena 91104 West Los Angeles 90069
Downtown LA 90013 Los Angeles 90029 Pasadena 91105 Westchester 90045
Downtown LA 90014 Los Angeles 90031 Pasadena 91106 Westside Los Angeles 90064
Downtown LA 90015 Los Angeles 90032 Pasadena 91107 Whittier 90601
Downtown LA 90016 Los Angeles 90035 Pasadena 91125 Whittier 90602
Downtown LA 90017 Los Angeles 90037 Pasadena 91126 Whittier 90605
Downtown LA 90018 Los Angeles 90046 Pico Heights 90006 Whittier 90606
Downtown LA 90019 Los Angeles 90049 Pico Rivera 90660 Whittier 90608
Downtown LA 90020 Los Angeles 90056 Reseda 91335 Wilcox 90038
Downtown LA 90071 Los Angeles 90059 Rosemead 91770 Winnetka 91306
Duarte 91010 Los Angeles 90062 San Fernando 91340 Woodland Hills 91364
Eagle Rock 90041 Los Angeles 90065 San Gabriel 91775 Woodland Hills 91367
With over 30 years in the industry, Vic Avakian has brokered and negotiated numerous real estate transactions,
both residential and commercial. Although his knowledge of the business surpasses that of most agents, Mr.
Avakian continues to grow as a real estate practitioner by attending every major conference, seminar, and
pursuing the prestigious CCIM designation.
With his experience, Mr. Avakian offers vast transactional experience for negotiations, dealing with legal matters
relating to real estate and business and working with a number of industry professionals.
As a result of constant networking in his community and business arena, Mr. Avakian can also arrange bulk sales
within his network of investors for faster property dispositions.
Gain confidence by leveraging his expertise in property valuations, knowledge of local real estate markets,
contract expertise and strong negotiation abilities.
Coming from a 30 year background in real estate financing and 20 years of real estate brokerage, Salpi Avakian
offers her clients extensive knowledge, experience and the ability to make even the hardest deal a smooth close.
Her perfectionist attitude towards her business drives her to never let a client down.
Formerly of Wells Fargo and Metrocities Mortgage Corp, Salpi has found financing for hundreds of satisfied
clients over the years. With her particular skills in finding the best loan programs for her clients, Salpi has built a
reputation in her community for being a full service lender while creating opportunities for clients.
As Verdugo's main funding arm, Mrs. Avakian continues to add value to the company's relationship with clients
by providing the best advisory services and financial consultations possible. Along with her extensive knowl-
edge of the capital markets, Salpi's experience as a residential real estate agent (through many different
economic climates) gives her the ability to consult our clients with a clear view of the present market condi-
Banks and REO departments can greatly benefit from Salpi's expertise and professionalism when it coms to
selling distressed assets in this market.
As the newest addition to Verdugo's family of real estate professionals, George Avakian adds value to his
relationships with clients by implementing technology and his family's background in the field of real estate.
Formerly of Marcus & Millichap, George has attained a set of very useful skills which help him ensure his clients'
satisfaction and easy closings. As an agent at Marcus & Millichap, he was constantly at the top of the cold-calling
roster, successfully reaching out to and meeting with active owners and investors in his specialization area which
shows his dedication and eagerness to succeed. Furthermore, his extensive efforts to network and gain mind-
share in his market have made George a driving force in Verdugo's marketing platform.
Like his father, George Avakian continues to grow both as a real estate professional and as a person. He is also
pursuing a specialized education via the CCIM designation.
By working with George, one would significantly gain from his knowledge of local market areas, negotiation
skills, savviness of the latest technologies, and extensive network of related industry professionals.
Phone/Fax: (866) 251-3851
Vic Avakian - (818) 590-8949
Salpi Avakian - (818) 400-3355
George Avakian - (818) 400-7557