Residential & Commercial Real Estate Asset Management Services In Canada

Teff is primarily involved in third party asset management for residential and commercial portfolios.

For the past twenty plus years Teff Administration Inc. has successfully managed residential portfolios for Canadian based financial institutions and lenders.

Mortgage Enforcement & Asset Recovery Services

Determine the course of legal action of a lender’s property
Loan loss reporting
Review of municipal and school taxes
Execution and coordination of legal documents (affidavits, property transfers)
Liaise with legal firm, lenders and insurers about contested files
Direct property managers to maintain the property, review quotes
Analysis and preparation of cost benefit reports
Review the incoming appraisal and realtor reports
Ensure all documents are reviewed and available for insurer, insurance and impairment claims
Ensure that the sales proceeds are sent to the Lender

Real Estate Services

Analysis of requested appraisals and reconciliations
Analysis of requested realtor activity reports and evaluations
Direct the sale signatory how to respond to offers and counter sign backs
Provide instructions to the law firm and notary to ensure that the sales process is completed efficiently
Review adjustments, disbursements and sales documents
Collection of the sales deposits
Ensure that properties are listed within the guidelines of the lenders and insurers

Property Management Services

Coordination of occupancy checks, inspection visits and securement
Provide 24/7 emergency service
Organization of seasonal maintenance and winterization
Obtain quotations and perform general maintenance
Transfer and payment of utility invoices
Communication with condo committees and responsible for monthly fees
Coordination of rental collection and representation at the rental board hearings

Ready to Talk?

We welcome and look forward to your inquires.

LET’S TALK