Bankruptcy AcquisitionsRundos Equity  has developed a strong network that we put in action to revitalize our communities. Because of our relationships, Rundos Equity easily and efficiently monitors and retrieves data from bankruptcy dockets nationwide to find distressed properties that may be suitable for acquisition. Rundos Equity then relies on its legal network to reach out to the debtors (often homeowners) and bankruptcy trustees to negotiate a court-ordered acquisition of the property. Rundos Equity acquires targeted property and businesses from bankruptcy trustees across the country, taking the burden off their shoulders and giving the property a chance at a new life.

  

Legal NetworkThe Rundos Equity legal network is a cooperative alliance of nationally recognized foreclosure defense, bankruptcy and Real Estate attorneys from across the country. Members include vacant and abandoned property acquisition experts in a variety of legal practice areas, such as tax, bankruptcy, and foreclosure law. Together, they provide Rundos Equity with creative solutions to obtain marketable title on the properties that are acquired in bankruptcy.

  

RehabilitationOur goal is to help communities reimagine themselves by removing the negative impacts of blight and abandonment in order to open the door new development in hard hit areas and restore previously healthy, vibrant communities. Rundos Equity works with homeowners and servicers to acquire, transition and renovate distressed properties and put them back into productive use. Vacant and abandoned properties "can suck the life out of a neighborhood." They impair the health of neighborhood, encourage criminal activity, and raise the risk of fires. They reduce property values and make already struggling neighborhoods less appealing to prospective homebuyers who can choose where they live. Rundos Equity has revitalization teams in each city that immediately assess the threats posed by individual properties and the potential impact on their respective neighborhoods. We work quickly to bring the property back to a safe and livable condition so that we can supply safe homes for the increasing housing demand in our individual markets.

  

Property ManagementRundos Equity provides seamless solutions by taking control, stabilizing properties and managing these properties via its property management platform. Our proprietary program employs a variety of marketing techniques that have proven themselves effective in finding suitable tenants that are a positive match for the property, the local neighborhood and community at-large. Rundos Equity property management services include risk assessment, site maintenance & security, pro forma & cash flow updates, asset status, covenant & benchmark tracking, special purpose entity reporting & records management and coordination services with servicers and lien holders.

  

Working with Servicers for the Common GoodTypically, servicers hire foreclosure cleanup businesses to handle debris removal, lawn maintenance, pressure washing and interior/exterior cleaning. At Rundos Equity we take a more hands-on approach by handling these tasks ourselves after we take ownership from the Bankruptcy estate. Once a property is cleaned up, Rundos Equity places a tenant into the property and works directly with the servicer to settle any underlying liens on title. Because of this approach, these properties are never vacant eyesores that pose a health and safety risk to the people living nearby.

  

Assisting Distressed Homeowners Move OnWhen Rundos Equity acquires a property from a bankruptcy trustee, we coordinate with the homeowner(s) to allow the sale to occur. In doing so, Rundos Equity can often provide homeowners with much needed capital to help begin their new lives. RenX is able to structure financial options that are often much better than what the homeowners could have received from servicers via a short sale relocation incentive, commonly known as "cash for keys." Rundos Equity payment is also immediate. Our practice creates a win-win for everyone: the homeowner has a chance at a fresh start and Rundos Equity is able to begin renovations faster than through a traditional foreclosure process.

  

Our strong relationships with our financial partners are at the foundation of Rundos Equity, LLC success. Our network of stable private equity partners and individual investors allows Rundos Equity to acquire properties from bankruptcy, settle all underlying liens and obtain marketable title. We market our renovated properties to a buyer who will be a positive impact to the neighborhood. Rundos Equity believes that our efforts can have a positive impact and help reverse the implications of the Real Estate downturn.