U.S. Department of Housing and Urban Development

Cradle to grave Asset Management and Property Preservation

PEMCO Limited has been a loyal and successful Marketing and Management contractor to the U.S. Department of Housing and Urban Development since 1996. Beginning in Hawaii, PEMCO was pleased to have the opportunity to spread their wings and deliver the same exemplary work to the mainland HUD Home markets in 25 states and U.S. Territories. This stands as proof that PEMCO Limited is prepared to handle any size inventory and provide “cradle to grave” asset management services. PEMCO Limited has also been involved in homebuyer education and homeownership initiatives through this dynamic contract. Property Preservation was also an integral element to the asset management services provided.

Project Title: Management and Marketing Services of Single Family Houses

Scope of Work: Property maintenance and repair, property management, property inspection, appraisal, rental, web hosting and electronic bidding, HUD sales training, listing and sale of HUD Homes, title review, conveyance, closing processes, fiducial accountability, processing payment of HOA and utility bills. In addition, the use of powerful database that is secured, electronic, and web based system with real time access by brokers, lenders, and HUD was required.