CONTRACT COLLECTIONS - Independent 3rd Party Collections
REID Property Mangement's experienced professionals are prepared to assist you in collecting any
contract account for your convenience.
Payment coupons and mailing labels mailed to your purchaser and/or payor.
Payment proceeds mailed directly to your home, bank, office.
Payments receipted, banked, and reported monthly. Detailed receipts reflect date and amount of
payment, principal, interest, and remaining balance, mailed with each disbursement.
Late charge assessment and delinquency notice sent to your payor if payment not made.
Types of payments include monthly, quarterly, annual, ballon, and more.
Annual forms mailed in January. 1099 to Sellers, and 1098 to Buyers, including detailed payment
history for the year.
Original documents held for completion of contract. Payments tracked including remaining principle and interest,
with monthly financial reports.
Learn more advantages about REID Contract Collections, Call Sherry, 360 698-4026, Ext 569