Using technology to make real estate move
Using technology to make real estate move…
When you’re from Detroit, you look at everything a little differently.
Detroiters invented the way this country moves, for goodness sake – and just like entrepreneurs before us who believed they could see the future, we’re committed to moving the U.S real estate marketplace through our innovation, dedication, perseverance and determination.
Detroiters don’t back down. Detroiters believe anything is possible. Motor City innovators know the wisdom behind taking calculated chances.
Woodward Asset Capital was founded in 2007 by three entrepreneurs – Rodney Carey (mortgage finance expert), Ronald Jasgur (real estate industry leader), and Gerald Kazakov (construction maven). We set out to buy bulk parcels of foreclosed homes from banks, rehabilitate them, and sell them to owner-occupants.
And a funny thing happened.
We exceeded every expectation we set and resold many houses in just days without doing any renovations, for the exact same price that the banks weren’t able to achieve in 6 months or more.
Why?
Because the buyers for these properties were already in the marketplace but they had been snubbed; their offers did not get through to the seller. Their offers were lost, misplaced or deliberately discarded for any number of reasons.
We shared our eye-opening results with our bank partners who were not pleased. We were able to identify gaping holes in their asset disposition processes. They immediately recognized the value of a system we were developing that would literally give them complete control over their sales efforts…for the first time.
Our technology solutions provide the transparency and robust toolset that bankers, asset managers, mortgage servicers and investors need to be in control of the actual real estate sales process, no matter who they’ve deployed to supervise the asset, in any part of the country. Our solutions make it easy to comply with audit, regulatory, Sarbanes Oxley and Consumer Financial Protection Bureau (CFPB) requirements. Our solutions expand the sphere of influence for all involved.
Woodward Asset Capital is a company defined by innovation. We ask questions and dig deep to identify problems. We create solutions where none exist in order to get to the very best way of doing business. The old ways don’t work anymore; it’s time to do business differently.