About Us
Our approach is to partner with local subcontractors to address the low-value distressed assets destabilizing neighborhoods. We will acquire pools of delinquent single-family mortgage assessments and partner with local organizations to resolve them in ways that benefit the community. Our work begins on each project with meticulous assessments of each structure to properly understand and diagnose root causes of distress and deterioration where the most appropriate repairs and treatments can be designed per the industry’s best practices.
As experts in the field of restoration, our guidance is paramount to our customers’ knowledge and decision-making. We must provide the best guidance to our customers so they can make the appropriate decisions regarding repairs to their property.
Goal/Objective
The primary goal of K2K is to maintain and protect the condition of vacant or foreclosed properties. We plan to purchase homes and sell them to families in the community at affordable prices. We will secure properties against unauthorized access, address safety hazards, and perform necessary repairs to prevent further damage. Ultimately, preserving properties will increase property value for both lenders and communities while mitigating potential risks associated with neglected or abandoned homes.
Maintaining Property Value:
The aim is to uphold and enhance the value of real estate assets by ensuring they are well-maintained and in good condition. This is crucial for the overall stability of the housing market.
Preventing Neighborhood Decline:
Prevent the decline of neighborhoods by addressing issues such as abandoned or neglected properties. Property preservation efforts that contribute to community aesthetics and curb appeal.
Compliance with Local Regulations:
Ensure that properties comply with local regulations and code requirements addressing issues like safety hazards and code violations to maintain a standard of living for residents.
Mitigating Financial Losses:
Mitigating financial losses for lenders and investors performing timely maintenance and addressing issues promptly prevents the escalation of problems, reducing overall financial risks.
Supporting Sustainable Communities:
Preserve properties and prevent deterioration; property preservation contributes to the creation of sustainable and resilient communities. This involves a balance between economic, social, and environmental considerations.
Background
Following the foreclosure crisis, the housing market was flooded with severely delinquent mortgages. These assets, owned by financial institutions and lenders, remain in limbo due to the high cost of moving forward with foreclosure or collection efforts from borrowers. Less than 10 percent of the homes are occupied, and as a result, they can destabilize neighborhoods because no one takes responsibility for their upkeep.
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