PA-REO INC. is a family-owned business that specializes in the marketing and sales of bank owned real estate. We welcome you to visit our main office which is conveniently located in Bensalem, PA. We also have a New Jersey office located in Wildwood. Our REO coverage includes the Philadelphia metro area, the surrounding Pennsylvania counties and southern New Jersey.
REO services that our company and contractors offer include but are not limited to: broker’s price opinions, evictions, rekeys, trash outs, repairs, discoloration remediation, lawn care, winterization, utilities management, occupancy status reports, marketing and settlement.
Broker/Owner Gerry Galster has been a licensed real estate agent in Pennsylvania and New Jersey since 1992 and has over 18 years of REO experience—ten of which were spent as CEO of PA-REO INC. For the past ten years he has averaged 190 closed REO sales per year. Gerry is a member in good standing with Reomac, NRBA, and Reobroker.com. MLS memberships include Trend, South Jersey MLS, Cape May MLS, and Jersey Shore MLS.
Throughout his career, he has worked with HSBC (formerly Household Finance), Citi (formerly Ameriquest), Ocwen Federal Bank, Fannie Mae direct, National Default Servicing, Premiere Asset Services, Chase Manhattan, Bank of America, Washington Mutual, GMAC, Morgan Stanley, Litton Loan Servicing, Aurora, Interbay Funding, and many other outsource companies.
Heather Hibbs, the Vice President/Owner has been licensed for over five years in Pennsylvania and New Jersey. She began her career in residential real estate and is now working exclusively as an REO agent . Both Gerry and Heather are lifelong residents of Philadelphia.
PA-REO knows the market because our staff lives and works in our REO coverage territory!