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Construction Specialist

Company: First National Assets Management
Location: Austin
Posted on: November 25, 2022

Job Description:

Propel Financial Services makes loans secured by real estate, specializing in Texas property tax loans and commercial loans secured by non-owner-occupied property in Texas. Founded in 2007, Propel and it's sister company Hunter Kelsey have made over 50,000 loans. A byproduct of its lending is a large inventory of property from defaulted loans. The Construction Specialist will assist the company with acquiring, preserving, and updating the properties for ultimate sale.

Essential Functions
The Construction Specialist will work directly with the REO Field Manager / Director of REO to secure newly acquired fix and flips / foreclosed properties and identify properties that will be rehabbed every quarter. The rehabs will consist of both single-family homes and commercial properties.

Pre-Foreclosure / Acquisition Evaluations:

  • Assess condition and value of to be purchased and pre-foreclosed properties
  • Obtain exterior pictures of the subject property slated for foreclosure as needed
  • Identify area contractors/sub-contractors for individual projects

    New Foreclosures Evaluations:

    • Assist with securing newly foreclosed properties
    • Work with the REO Director to identify properties that may be good candidates for rehab
    • Assist in efforts to obtain redemption waivers as needed

      Rehabs and Make-Readies:

      • Develop a pre-construction budget and estimates for both fix and flips and foreclosed properties
      • Coordinate all onsite activities including the workflow
      • Ensure any work that requires a municipal sign-off is permitted
      • Ensure projects are completed on budget and on time

        REO Managed Properties:

        • Work with the REO Manager to manage all property maintenance needs, including routine mowing as required by the city/county the property is located in
        • Manage any code violations received, and resolve issues


          • Attend evictions as the designated Hunter-Kelsey representative alongside the sheriff/constable
          • Identify cleanout vendors
          • Oversee the cleanout process during the eviction
          • Ensure property is secure

            Other Duties:

            • Maintain Contractor/Sub Contractor List
            • Work with the REO Specialist regarding the hook up of utilities as needed for rehabs
            • Vet contractors by researching all online sources, including any civil or criminal background information available
            • Verify that all required documents are in the file before requesting checks for contractors, including final quote, contractor agreement, contractor vetting form, and W-9.


              • Health Care Plan (Medical, Dental & Vision)
              • Retirement Plan (401k, IRA)
              • Life Insurance (Basic, Voluntary & AD&D)
              • Paid Time Off (15 Vacation/Sick Days, & 10 Holidays)
              • Family Leave (Maternity, Paternity)
              • Short Term & Long Term Disability
              • Fitness Credit of $50/month (Towards gym or fitness classes)
              • Training & Development

                • Willingness to drive across Texas, as much of 50% of the time
                • Ability to handle multiple projects at the same time as well as prioritize and manage time efficiently
                • Ability to communicate effectively with contractors, vendors, and real estate agents
                • People-oriented, dedicated to customer service, extremely organized and attentive to detail
                • Ability to work independently but also follow instructions
                • Proven project management oversight
                • At least 2-5 years of progressive responsibility in the construction industry
                • Associates degree or higher preferred but not required
                • Fully bilingual (Spanish) is preferred, conversational Spanish proficiency is required.

                  Additional Notes
                  We are an at-will, equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. PI196811887

Keywords: First National Assets Management, Austin , Construction Specialist, Other , Austin, Texas

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