About Me and My Business

Hello, I am Timon Mitrakas, a dedicated full-time REO agent proudly serving the regions of Maryland, Virginia, and Washington DC. With a strong foundation of experience and expertise, I bring a comprehensive approach to every facet of REO property management and disposition. My foremost commitment is to align with my clients' timelines, offering precise evaluations, cost-effective solutions, and optimal returns on their REO investments.

My Approach

• Precision in Evaluation: I provide accurate and insightful property evaluations, empowering my clients with informed decisions throughout the REO process.
• Efficiency in Management: Timely responses and attention to detail enable me to manage tasks efficiently, minimizing expenses while maximizing property value.
• Financial Preparedness: Having resources readily available for emergency repairs and utility costs ensures that properties under my care are always in optimal condition.
• Expert Contractor Network: My network of seasoned professionals stands ready to address property needs promptly and effectively.

Experience and Qualifications

• Over Two Decades of Excellence: With over 23 years as a licensed agent, I bring a wealth of experience to the table.
• NRBA Membership: I am a proud member of the National REO Brokers Association (NRBA), reflecting my commitment to industry standards.
• Education and Training: As a graduate of Bob Shelton’s REO Boot Camp & Default School, I am equipped with cutting-edge industry knowledge.
• Diverse Client Base: I currently manage and handle REO properties for a wide range of esteemed clients, including PAS, HUD, PNC BANK, USDA REO, FAY SERVICING, RAINE AMS, PMH FINANCIAL, USRES, PREREO VM, and SELENE FINANCE.

Service Area

• Covering the Greater Washington DC Metro: My services extend to encompass the dynamic Greater Washington DC Metro area and its surrounding suburbs.

Comprehensive Services Offered

• Occupancy Inspections: I conduct thorough inspections to ensure property status accuracy.
• Securing Properties: Properties are secured promptly and effectively to deter any potential threats.
• Boarding Up: I provide a protective barrier through professional board-up services.
• Facilitating Cash for Keys: Smooth transitions are facilitated through my Cash for Keys program.
• Efficient Evictions: When necessary, I handle evictions with professionalism and efficiency.
• BPO Services: Accurate Broker Price Opinions (BPOs) provide valuable insights into property value.
• Streamlined Clean Outs: Efficient clean-out services prepare properties for the next phase.
• Effective Winterization: For applicable properties, winterization safeguards against seasonal damage.
• Ongoing Maintenance: Regular maintenance routines ensure property longevity and appeal.
• Transparent Reporting: Monthly reports and updated BPOs offer clients transparency and clarity.
• Strategic Marketing: Through strategic marketing efforts, I engage buyers' agents and leverage a local investor database.
• Engaging REO Tours and Open Houses: REO tours and open houses create vital exposure for properties.

Thank you for considering my services. I am dedicated to providing unparalleled expertise and care for all your REO needs.