DS News - U.S. Bank

46 Property Preservation Guide Property Property Preservation Guide SPECIAL ADVERTORIAL SECTION KEY PERSONNEL Al Freedman CEO Noah Ganz COO Anne Simenowitz Director, HR and Vendor Management STAFFING » 70-plus employees BUSINESS LINES, SERVICES, AND PRODUCTS » REO repairs » REO preservation » REO renovations and marketability upgrades » ongoing property maintenance » tenant-occupied REO services » inspection and code compliance "First Freedom Preservation has a well- organized staff that handles bidding and repairs in a very professional manner. I would definitely recommend their services to any bank or asset management company." —Gladwin D'Costa, Broker, Maryland REO Realty CORPORATE DETAILS: 7 Church Lane, Suite 22, Pikesville, MD 21208 | 443.393.0222 Info@FFPreservation.com | FFPreservation.com COMPANY DESCRIPTION First Freedom Preservation (FFP) is a property renovation and preservation company that manages and services bank-owned, HUD, and real estate-owned (REO) properties. FFP completes renovations and upgrades and performs repairs and regular maintenance in order to restore the homes to a marketable condition. COMPANY HISTORY "Do it right the first time" is First Freedom's core value. When Al Freedman founded the company in 2008, he instilled this core value into every element of the process. The more lenders, banks, and brokers First Freedom worked with, the more the company realized that the biggest service they provided their clients was the ability to sell REO properties faster and for more money—often before the renovations were complete. Today, First Freedom's fundamental values are quality, collaboration, and timeliness. They have developed systems to ensure a high standard of quality on each REO project. All First Freedom contractors are licensed, full-time employees with a wide range of skills for home repairs and renovations. They also work with the best service providers to ensure that customers' REO needs are met without having to even think about it. REGULATORY COMPLIANCE With thorough knowledge and understanding of state, county, and local codes and ordinances, First Freedom Preservation offers regulatory compliance and code compliance management. COMPETITIVE ADVANTAGE First Freedom Preservation provides a simpler solution to lenders, banks, and brokers who are spending too much time managing and restoring properties. FFP makes their lives easier and helps their properties to sell more quickly. How FFP does things differently: » Using a thorough on-site inspection and bidding process that gets it right the first time. There are no surprises, and change orders are minimized. » Communicating 24/7 with ongoing progress updates and status reports for each REO property, including daily onsite photos to monitor progress and provide peace of mind. » Providing access to a state-of-the-art online portal to track spending and project deadlines. » Employing only in-house, licensed, full-time contractors with a wide range of skills for home repairs and renovations. Plus, they have a reputation for reliability, solid workmanship, professionalism, and a supreme attention to detail. » Providing recommendations and not just being order takers. » Handling all REO projects as leaders and innovators, so clients can relax and concentrate on selling more properties. ADDED VALUE By providing quality, collaborative, on-time, one-stop property management, renovation, and preservation services, FFP makes lenders' and brokers' lives easier. We help our clients save time and money. They get their properties sold faster, at a higher market price, with the least amount of exposure. KEYS TO SUCCESS The key to FFP's success hinges on its culture, which is about providing top-quality service on time. The company is dedicated to serving its clients with professionalism, integrity, and quality. Its business success is built on accessibility, respect, commitment, and partnership with its clients. Its culture of quality and time management is solidly anchored in the structure of the organization. FFP has worked tirelessly to cultivate an environment that inspires the highest level of accountability and respect from its employees. It encourages regular and open communication with clients to build on success by selling completed REO properties and further establishing its commitment to maintaining neighborhoods. AWARDS, ACCOLADES, AND MILESTONES In 2018 and 2017, Inc. 5000 recognized First Freedom Preservation as one of the "superheroes of the U.S. economy." They rated us among "America's fastest- growing private companies wielding powers like strategy, service, and innovation." This honor reflected FFP's dedication to providing excellent customer service and integrating new innovations as it grows. FFP's customers are its best testament to its unique, one-stop, high-quality, collaborative services. FIRST FREEDOM PRESERVATION

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