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Jim Banford

West Palm Beach, FL
Real Estate Asset Disp Corp.
64 Closed Sales
$10.1M Total Value
$20K - $1.4M Price Range
$157.8K Average Price
Prior five years

About Jim

Mr. Banford’s career spans 27 years in various aspects of default mortgage servicing, REO disposition, and acquisition of single and multifamily assets for financial institutions in Florida. His career began at OCWEN where he performed asset management functions in loan resolution and REO Departments of the firm. From there, he joined the investment firm of Capital Asset and spent the next five years buying and servicing municipal debt, which included real estate tax liens and utility receivables in bulk transactions for an annual budget approaching $1 billion dollars.

REO Acceptance Corp serves as a buyer of low-end REO on a flow basis and has acquired more than 1,700 houses throughout the United States, subject to open liens and encumbrances.

Jim Banford’s Accomplishments:

Owns & runs Florida’s #1 firm in terms of units and dollars of REO properties sold
More than $1 billion in closed REO transactions
Offices with experienced staff in seven locations throughout Florida
Private Equity specialty lender focused on Fix and Flip investors

In 2001, Jim formed Real Estate Asset Disposition (READ Corp) and an affiliated company called REO Acceptance Corp. READ Corp. has represented more than 30 servicers, lenders, and banks that entrust the firm to manage and sell REO and conduct short sale transactions throughout Florida. In 2016, the firm began work on managing and selling municipal government-owned real estate assets.
Home Types: Lot/Land, House, Condo, Townhouse
Years of Experience: 16

Transaction History

Seller Deals

Total Deals
6
Total Value
$355,000
Average Sale Price
$59,167
Price Range
$43K - $100K

Buyer Deals

Total Deals
16
Total Value
$1,708,000
Average Sale Price
$106,750
Price Range
$46K - $150K

Seller Deals

Total Deals
8
Total Value
$728,900
Average Sale Price
$91,113
Price Range
$32K - $342K

Buyer Deals

Total Deals
20
Total Value
$2,445,000
Average Sale Price
$122,250
Price Range
$20K - $633K

Seller Deals

Total Deals
20
Total Value
$3,673,000
Average Sale Price
$183,650
Price Range
$21K - $706K

Buyer Deals

Total Deals
40
Total Value
$3,252,300
Average Sale Price
$81,308
Price Range
$20K - $633K

Production Over Time

5 Year View

Jim's Listings and Deals

Agent License #0695005
Agent Photo

Jim Banford

(561) 867-6132
(561) 867-6132