Business Details
Your Trusted Real Estate Partner in Aurora, IL
Compass REO is a minority, woman-owned residential real estate brokerage with close to two decades of specialized expertise in REO/foreclosure properties and over 30 years of traditional real estate experience. Founded and led by Marisa Barragan, our team provides comprehensive services for buyers and sellers while maintaining a strong commitment to community support through partnerships with organizations like The Make-a-Wish Foundation and local schools. We combine deep industry knowledge with personalized service to guide clients through complex real estate transactions. Our REO specialization includes property management, foreclosure resolution, and HUD home sales, supported by established relationships with major lending institutions.With offices in Aurora, Illinois, we serve Chicagoland and surrounding regions, offering bilingual services to better meet client needs. Our proven marketing strategies and local market expertise ensure optimal exposure for properties while maintaining strict compliance with industry standards. Through weekly property inspections, vendor partnerships, and a focus on maintaining property aesthetics, we deliver reliable solutions for both advantaged and distressed homeowners.
Services
Residential Real Estate
REO Property Sales
Foreclosure Assistance
HUD Home Sales
Investment Property Guidance
Highlights and features
- We offer 20 years of specialized REO/foreclosure industry experience
- Our team provides 30+ years of combined traditional real estate expertise
- Minority, woman-owned business with community-focused values
- We maintain strong partnerships with major lending institutions
- Bilingual services available for Spanish-speaking clients
Services
Residential Real Estate
We provide comprehensive residential real estate services for buyers and sellers. Our agents offer market analysis, pricing strategies, and negotiation expertise to ensure successful transactions. With deep local market knowledge, we help clients achieve optimal outcomes in property sales and purchases.
REO Property Sales
Our REO specialists manage bank-owned properties from acquisition to closing. We handle property inspections, marketing, and negotiations with financial institutions. Our team ensures proper maintenance and presentation of REO properties to maximize their market value.
Foreclosure Assistance
We offer solutions for distressed homeowners and investors. Our services include foreclosure prevention guidance, property evaluation, and marketing strategies for distressed assets. We work with banks and private lenders to facilitate smooth foreclosure transactions.
HUD Home Sales
We specialize in HUD home sales with contract review and submission assistance. Our team helps buyers navigate HUD property purchases and ensures proper documentation for successful transactions involving government-owned properties.
Investment Property Guidance
We connect investors with REO and foreclosure opportunities. Our services include market analysis, property evaluation, and access to cash buyer networks. We provide data-driven insights to help investors make informed decisions about property acquisitions.
People
Marisa Barragan
Supervising Broker
Marisa Barragan leads Compass REO with 20 years of REO expertise and 30+ years in real estate. She personally oversees property inspections and manages all brokerage operations while maintaining strong industry relationships.
Questions
What does REO mean?
REO stands for Real Estate Owned. These are properties banks or government agencies repossess after failed foreclosure auctions.
Do you work with first-time homebuyers?
Yes, we assist all buyers including first-time purchasers with financing guidance and property selection.
Can you help with HUD home purchases?
Yes, we specialize in HUD home sales and provide contract review assistance for buyers.
Do you offer seller representation?
Yes, we provide comprehensive marketing plans and pricing strategies for home sellers.
Are financing options available?
We connect clients with qualified lenders to explore various mortgage financing possibilities.
Do you work with investors?
Yes, we have a network of cash buyers and investment companies for REO property transactions.
