About Rebound Properties
Re-Bound Properties is a local real estate brokerage agency located in Salem, Massachusetts that specializes in the sale of pre-foreclosure properties at discount prices, also known as short sales. The company was founded in 2009 by Paul Montero, owner of Montero Credit Management, and Peter Kaplan, a consumer bankruptcy lawyer and real estate broker. Prior to the formation of Re-Bound, Montero and Kaplan worked together for several years to help people in financial distress. Together they offer a complete array of debt management services including credit counseling, bankruptcy, and loan modification.
As part of the debt counseling process, clients who are facing foreclosure can avoid it by negotiating with the bank to accept a discounted price that is less than the mortgage due, which is often referred to as a short sale. Montero and Kaplan formed Re-Bound Properties to sell these pre-foreclosure properties for their clients and negotiate with the bank for them to avoid foreclosure.
Re-Bound Specializes in Short Sales
Although a short sale can have many advantages, there are often pitfalls and risks associated with buying a property this way. Most realtors have little experience with short sales and if you are looking for a pre-foreclosed property, you should be sure to work with a broker who is experienced in short sales. Rebound has a fully-integrated law office to provide the expertise and negotiation skills that are essential to get the banks come to the table. Rebound can get everything done under one roof, whereas most real estate agents outsource short sale negotiations to an independent attorney or negotiator.
Re-bound is more than just a real estate brokerage. With the combined expertise of a lawyer and real estate broker, we know all the ins and outs of the short sale process. Whether you are trying to avoid foreclosure or looking for a good deal, Re-Bound Properties can help.
Re-Bound Management Team
Peter Kaplan, Partner — Realtor and Bankruptcy Attorney
Peter Kaplan has been practicing consumer bankruptcy and debt law for over 20 years in the Boston area with offices in Allston and Salem, Massachusetts. As a bankruptcy and debt lawyer, Peter has helped his clients with a variety of debt problems including loan modifications and short sales. Peter found many of his clients think they need bankruptcy, but would benefit more from credit counseling, so he partnered with Paul Montero, owner of Montero Credit, to offer his clients a full suite of debt management services.
In 2009, Peter became a realtor and esatablished Re-Bound Properties with Paul Montero to sell pre-foreclosed properties for their clients facing foreclosure. Peter is a member of the Massachusetts and Salem bar associations and the national Association for bankruptcy Attorneys. As both a realtor and an attorney, Peter can help Re-Bound clients sell their pre-foreclosed property in addition to helping buyers succeed in the short sale process.
Paul Montero, Partner — Real Estate Sales Specialist
In 2006, after over a decade of experience in the debt settlement and collection business, Paul became manager of a credit counseling business based in Salem, Massachusetts called Montero Credit. Paul 's passion is helping people with debt problems get back on their feet. He works with his clients to develop realistic debt settlement plans that they can stick with to eliminate their debt.
Paul has found that many of his clients could benefit more from bankruptcy than credit counseling, so he developed a partnership with Peter Kaplan to offer a full suite of financial servcies through Montero Credit. In 2009, Paul partnered with Peter to form Re-Bound properties to sell pre-foreclosed properties for clients facing foreclosure.
Dan Stanley, Real Estate Specialist and Negotiator
Dan brings expert negotiation skills to Re-Bound properties with over 15 years of experience in debt settlement and management. As director of internal recovery for J. A. Cambece Law Offices, a debt collection practice based in Peabody, Massachusetts, Dan managed an office of 80 employees and signifiantly increased revenue for the practice.
Dan has worked with Paul at Montero Credit since 2009 to negotiate with creditors and assist with bankruptcy reviews. at Re-Bound, Dan uses his real estate license to sell pre-foreclosed properties and negotiate short sales.