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REO RESQ.

Owners: Robert Palmer and Tammy Nicolo

Address: 2024 Arkansas Valley Drive, Suite 305, Little Rock, 72212

Phone: (501) 772-9632

Web Site: www.reoresqcentralarkansas.com

Hours: By appointment

Startup: November 2009

Robert Palmer and Tammy Nicolo bring more than 60 years of combined experience in the real estate industry to their new business, REO RESQ, a foreclosed home-maintenance business.

"We do property preservation," Nicolo said of the business, which services 11 counties in central Arkansas.

REO RESQ business services include inspection, security, emergency repairs, maintenance and repair services on foreclosed properties so the owners can get the properties back into market value condition. Nicolo said the company worked to make sure that properties were secured and repaired before resale.

"We contract with contractors and lenders directly," Nicolo said, explaining that the company helps property owners and neighborhoods comply with city codes so that foreclosed properties don't "present a problem in a neighborhood."

Nicolo said her biggest piece of advice for new business owners was to keep their eyes open for business prospects.

"This particular business seemed like it would be a good opportunity," Nicolo said of REO RESQ, "especially considering the economy with foreclosed homes."

Nicolo also noted, however, that a heavy workload awaits new business owners. "Starting a new business takes a lot to keep it going," Nicolo said.

To submit your business to New Business, e-mail Jim Stallings at jstallings@abpg.com.

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Title Annotation:New Businesses: A Listing of Business Start-Ups in Arkansas
Comment:REO RESQ.(New Businesses: A Listing of Business Start-Ups in Arkansas)
Author:Stallings, Jim
Publication:Arkansas Business
Article Type:Brief article
Geographic Code:1U7AR
Date:Nov 30, 2009
Words:233
Previous Article:PinPoint Contracting Services LLC.
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