Phil Chernitzer - Broker MemberREO Real Estate 5031 Backlick Road Annandale, VA 22003 (Map)
Phil Chernitzer began his real estate career in an REO Asset Management Company almost a quarter century ago. He initially was responsible for the coordination of budget and workout plans for hundreds of REO properties across the United States involved in the 1980’s EPIC Bankruptcy Plan. He was responsible for the calculation and collection of an additional one million dollars due to a Servicing client in the TMIC mortgage insurance liquidation. As Vice President of the Asset Management Company he was involved in all aspects of loss mitigation from Default, Valuation, Modification to Disposition. He managed the liquidation of both residential and commercial properties for a Savings and Loan under the Conservatorship of the Resolution Trust Corporation and FDIC. For the past 27 years he has been a multi-million dollar producer for a REO real estate company he established to service the needs of the financial industry. He has helped more than 200 institutional clients in the mitigation of losses of 1,000s of non performing loans and REO assets. He has spoken at and attended numerous seminars for real estate, appraising, foreclosure law, and REO. His background is in accounting and finance and he has a Real Estate Broker license in Virginia and Maryland.
A-REO, CDPE, RDCPro, CHS, Five Star Institute REO Certified, Equator, Res.Net,
ALEXANDRIA, CITY OF
FALLS CHURCH, CITY OF
MANASSAS, CITY OF
PRINCE WILLIAM COUNTY