Prior to opening his own brokerage, Richard Stewart has 10 years of experience in investor mortgage finance. When the subprime mortgage market collapsed, Stewart was uniquely positioned to aid major banks with local expertise and a commitment to technology for the fast disposition of their bank owned/REO home inventories. Stewart has held his Michigan Real Estate sales license since 2001 and has since worked in Real Estate exclusively with bank owned homes. His original REO client was Homeq but the list has since grown to over 50 REO clients. Since the brokerage opened in March 2009, it caters exclusively to this niche market. REO Specialists llc has also been certified as a HUB Zone business by SBA. This certification helps its bank clients meet their supplier diversity goals. REO Specialists llc also accepts assignments Probate case managers. As a result of his bank contacts, Richard Stewart compiles the exclusive list Richard Stewart's FREE list of Foreclosures, Bank Owned and HUD Homes with a subscriber base of over 2000 investors eager to invest in bank owned homes. There is no charge to receive this list which can be obtained by registering at REOMamma website The list is intended for use by home buyers and investors who will place offers on these bank owned homes with Richard Stewart as their agent. In addition to ownership of REO Specialists llc, Richard Stewart holds the technology certification of ePRO and Member of the Battle Creek Association of Realtors, MAR and NAR. Stewart also volunteers as a foster home for the Kalamazoo Animal Rescue and actively promotes the National Animal Rescue known as No Paws left behind, a national nonprofit which is dedicated to helping pets left abandoned in foreclosed homes.
512 Douglas Ave Kalamazoo MI 49007 Large 4 bedroom 3 bath home. 2 bedrooms, 1 bathroom are on main floor with a large living room, dining room and kitchen. Upstairs there are 2 bedrooms, 2 bathrooms and more living space. Being sold as is. Excellent candidate for FHA 203k rehab loan.All offers must be submitted through Hubzu.com. Please visit Hubzu.com for minimum bid amounts, start times, and ending times. Richard Stewart REO Specialists Llc 269-345-7000 www.REOmamma.com
HUD Home for sale 3 bed 1 Bath all on main floor. There is a detached 2-car garage with a fenced yard. FHA Case #263-369639 Code IE 203k eligible Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached LBP & Disclosure for HUD Homes. ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES
OPEN HOUSE SUNDAY 3/30/25 1-3pm 4121 Aspen Dr Kalamazoo MI 49006 4-bedroom 1.5 bath Home for Sale with 2 car attached garage and large fenced rear yard This Bi-Level with 2 upper bedrooms 1 bath and had lower level 2-bedroom .5 bath HUD Homes Are Sold AS-IS With No Warranties. Equal Housing Opportunity'' HUD Case# 263-679280 Insurability Code IE 203k Eligible for More Info. including Lead Based Paint Disclosures & Condition Report, Go to Hudhomestore.com or rainecompanies.com ASK ABOUT SPECIAL $100 DOWN REHAB FINANCING
3235 Tampa St Kalamazoo MI 49048 HUD Home for sale 3 bed 1 Bath with detached 1-car garage and paved driveway. FHA Case #263-601389 Code IE 203k eligible Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached LBP & Disclosure for HUD Homes. ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES
824 Gayle Ave Kalamazoo MI 49048 2 Bedroom 1 Bath home for sale. Features include full basement, fenced rear yard, detached 1 car garage. Directly across the street from Wilson Recreation Area Park. This property is eligible under the Freddie Mac First Look Initiative through 6/14/2025. Only owner occupant, non-profit and Neighborhood Stabilization Program (NSP)offers will be reviewed and considered during First Look Period.Contact Richard Stewart REO Specialists Llc www.REOmamma.com 269-345-7000
OPEN HOUSE SUNDAY 4/13/25 2pm – 4pm 200 E Maple St Climax MI 49034 Move in ready 4 bedroom 2 bathroom home for sale. Features include detached 1 car carage and large rear yard. Interior remodeled including 2 bathrooms, kitchen, new appliances and brand new furnace. Roof is 2 years old. Ask about low down payment financing and down payment assistance grant options. Richard Stewart 269-217-0411 www.RichardStewart.com
OPEN HOUSE SUNDAY 5/25/25 2-4pm
824 Gayle Ave Kalamazoo MI 49048 2 Bedroom 1 Bath home for sale. Features include full basement, fenced rear yard, detached 1 car garage. Directly across the street from Wilson Recreation Area Park. This property is eligible under the Freddie Mac First Look Initiative through 6/14/2025. Only owner occupant, non-profit and Neighborhood Stabilization Program (NSP)offers will be reviewed and considered during First Look Period.Contact Richard Stewart REO Specialists Llc www.REOmamma.com 269-345-7000
OPEN HOUSE THURSDAY 5/15/25 5-7pm MULTIPLE OFFER HIGHEST AND BEST DUE FRIDAY 5pm 1515 Fulton St Kalamazoo MI 49001 2 bedroom 1 bath home for sale. Home has modern viny windows, 1 car attached garage and large fenced rear yard. Richard Stewart 269-217-0411 www.RichardStewart.com
OPEN HOUSE THURSDAY 5/15/25 5-7pm MULTIPLE OFFER HIGHEST AND BEST DUE FRIDAY 5pm 1515 Fulton St Kalamazoo MI 49001 2 bedroom 1 bath home for sale. Home has modern viny windows, 1 car attached garage and large fenced rear yard. Richard Stewart 269-217-0411 www.RichardStewart.com
25 East Ave S Battle Creek MI 49017 3-bedroom 1.5 Bath home for sale. 2 car detached garage with cement driveway, a mix of the original hardwood with modern system updates. Ask about low down payment FHA 203k Financing flyer attached. This is estate sale, allow 7 days for response to offers. Richard Stewart REAL BROKER LLC 269-217-0411 www.RichardStewart.com
