reo asset management companies, reo properties REO properties can often blight a neighborhood, but the banks and mortgage companies who use REO asset management companies to maintain the properties that they own are doing the neighborhoods a great service by keeping the weeds down and the swimming pools clean. In Las Vegas, the foreclosure capital of the US, mosquitos have been a problem because of the stagnant swimming pools that REO properties have in some of the back yards. It's a nuisance that keeps some people indoors because of the threat of West Nile Virus. When the REO asset management companies look after the swimming pools, the problems associated with the stagnant swimming pools are eliminated.

Keeping the front yards free from weeds also helps the neighborhood's appearance. Trying to sell a home with an unkempt lot across the street is really hard, especially when the foreclosed home is priced below the market rate home is that owners are trying to sell. REO properties can make the nicest, reasonably priced home hard to sell, so REO asset management companies do neighbors a great service by keeping the neighborhood looking good, while other sellers are trying to move their homes as well.