Equicore Announces Groundbreaking Services that Work to Lessen Foreclosure Damages

Minneapolis, MN, July 15, 2009 --(PR.com)-- Chief Operations Officer Timothy Koch said, “We are better equipped to handle foreclosure issues than banks. Our methodology is simple, open communication with the borrower to ensure they do not strip equity from properties.” Equicore works with defaulted borrowers directly, to inform them of their liabilities in the event of any damages or theft. Equicore’s services work to prevent damages to property thereby maintaining its highest value.

Equicore’s CEO Eric Riebel, stated, “In this unprecedented financial downturn, defaulted borrowers who feel slighted and believe that they have been a victim in this crisis have resorted to stripping the home of its equity. Examples to what we have seen include removing appliances, fixtures, lighting, cabinets, flooring along with copper and electrical wiring thefts. Our 15 years as investors in the Real Estate Industry helped us develop this program, knowing that the quickest way to recoup our loses was to get the property back in the best condition possible and offer it for resale. Our methodology in working with the defaulted borrower is the first step to stopping these damages and is the most cost effective solution.” Equicore provides a Nationwide Network of Contractors to provide R.E.O. Services for properties that are damaged after the mitigation process. www.equicore.com

###