Maintaining and Restoring Property Value Since 2018
M&M Property Service Corporation was established in 2018, with the goal of assisting property owners as well as government agencies in the cleaning of abandoned foreclosure properties and bringing them to a state where they are ready to be sold, as well as the removal of dilapidated homes.
Low and moderate-income neighborhoods all over the country are in danger of becoming unstable as a result of real estate-owned (REO) housing, which is the result of the recent crisis caused by foreclosure crisis.
The resets on subprime loans, the decline in property values, and the tightening of credit standards have each contributed to the increase in vacant, unmanaged REO properties. These properties have a negative impact on the surrounding neighborhoods in a number of ways, including a decrease in property value.
As a result of falling property values and a rise in the number of vacant homes, nearby homeowners may have less of an incentive to keep up with the upkeep of their own homes. Crime, vandalism, and the risk of arson are all factors that might increase if an empty property is left unattended and unoccupied.