The goal of an FHA property via a post-foreclosure sale is conveying it back to HUD “in conveyance condition,” or ICC, within 30 days (or within an extension opportunity granted by HUD). With tight FHA conveyance timeframes, finding a partner that understands HUD processes is essential. Ensuring repairs are completed correctly and timely with HUD allowable and over-allowable approvals reduces the likelihood of additional damages or issues at a property such as vandalism, weather-related occurrences or property deterioration.
MCS ensures properties for are preserved and maintained in a manner that complies with the FHA regulatory guidelines as well as any code compliance legislation for the area resulting in a 98%+ on-time conveyance rate.
On Budget. On Time.
MCS conveys properties on time and in impeccable condition.
Your properties are our priority. MCS has the processes, systems, and team to manage any volume.
MCS has established industry relationships with HUD and ISN ensure smooth and timely conveyance of all properties.
Comprehensive FHA Services
Our vendor partners and self-performance teams are professional, experienced, and knowledgeable across all trades nationwide.
MCS is the proven, reliable team when you are faced with limited time in a highly regulated environment.
MCS provides support, end-to-end visibility, and industry-leading processes to manage your properties seamlessly.
Properties that are 60-days-to-sale are prioritized and managed closely to ensure on-time conveyance. MCS keeps your properties moving through the conveyance process to help you reduce risk and optimize your investment.
Start-to-Finish Portfolio Management
Continuity in the process is provided by an assigned FHA specialist to manage all aspects of your portfolio. From securing the order through conveyance, having one point of contact eliminates gaps, reduces delays, and increases consistency in meeting HUD requirements and timelines.
Our proprietary Convey360 platform provides line of sight into every stage of the conveyance process as well as advanced client-side tracking and monitoring. Seamless integration with Yardi P260 facilitates easy investment bid submission and work distribution with the click of a button.
5 Questions to Help You Choose a
Property Preservation Provider
Whether you’re assessing your current property preservation provider or in the market for a new one, it’s important to consider your choice from all angles. This complimentary guide outlines the five questions you should be asking to help you choose the right provider.