Colorado's REO & Probate Specialists

Institutional-Grade Asset Disposition Built on Trust

ReadyState Property Group delivers precise REO and probate property services to banks, servicers, attorneys, and personal representatives across Colorado. Same rigor. Same results. Two markets that demand it.

$85M+
REO Volume Closed
350+
Properties Disposed
Top 1%
State Sales Ranking
98%
Client Retention
What We Do
End-to-End REO & Probate Solutions
From initial valuation through closing, we manage every aspect of the disposition process — whether the client is a bank or an estate.
⚑

REO Disposition

Full-service listing, marketing, negotiation, and closing of bank-owned properties. We maximize recovery while minimizing time on market.

⚖

BPO & Valuations

Accurate Broker Price Opinions and market valuations backed by deep local knowledge and real-time market data across Colorado.

⚙

Property Preservation

Securing, winterizing, maintaining, and preparing properties for market. We coordinate vendors, inspections, and rehab oversight.

📈

Asset Management

Ongoing portfolio monitoring, market condition reporting, and strategic pricing recommendations to optimize disposition timelines.

⚖

Probate Property Sales

Court-compliant listing and disposition of estate properties. We work directly with attorneys and personal representatives to navigate timelines, disclosures, and court approval requirements.

📋

Estate & REO Compliance

Full compliance with HUD, VA, GSE, and Colorado probate court requirements. Timely status updates, photo documentation, and reporting through all major platforms.

Our Team
Experienced, Credentialed, Local
Our brokers hold top-tier designations and bring decades of combined REO and probate experience.
Kelly Reed Grayden
Kelly Reed Grayden
Managing Broker · REO & Probate Lead
♦ Diamond Level
Top 1% of sales statewide. Specializes in complex REO dispositions, probate property sales, and institutional client relationships.
Ashley Mendenhall
Ashley Mendenhall
Broker Associate · REO & Estate Specialist
◇ Silver Level
Expert in property preservation, BPO valuations, and estate property coordination. Deep knowledge of Colorado's Front Range markets.
Elliot Grayden
Elliot Grayden
Broker Associate · Operations & Technology
Broker
Drives operational efficiency, market analytics, and technology integration. Ensures seamless communication between banks, attorneys, and all stakeholders.
Track Record
Results That Speak
42
Avg. Days to Contract
97.3%
List-to-Sale Ratio
24hr
Avg. BPO Turnaround
100%
On-Time Closing Rate
Meet the Team
Credentialed REO & Probate Professionals
Our team brings institutional-grade experience and top-tier credentials to every REO and estate assignment.
Kelly Reed Grayden
Kelly Reed Grayden
Managing Broker · REO & Probate Lead
♦ Diamond Level Broker
Kelly is ranked in the top 1% of sales statewide and brings extensive experience in complex REO dispositions, probate property sales, and institutional client relationships. She leads all asset disposition strategy and serves as the primary point of contact for bank partners and probate attorneys alike.
Ashley Mendenhall
Ashley Mendenhall
Broker Associate · REO & Estate Specialist
◇ Silver Level Broker
Ashley specializes in property preservation, BPO valuations, and estate property coordination across Colorado's Front Range. She manages day-to-day property oversight for both REO and probate listings, and coordinates with vendors, inspectors, families, and title companies to ensure smooth closings.
Elliot Grayden
Elliot Grayden
Broker Associate · Operations & Technology
Real Estate Broker
Elliot drives operational efficiency, market analytics, and technology integration for the team. He manages CMA production, market reporting, and ensures seamless communication between banks, attorneys, personal representatives, and all parties throughout the disposition lifecycle.
Brokerage
Hatch Realty Colorado
ReadyState Property Group operates under Hatch Realty LLC (EC.10008532), a boutique Denver brokerage built on relationships, not volume. Whether you're a bank asset manager or a probate attorney, you'll work directly with us — never a call center.
Our Services
Comprehensive REO & Probate Solutions
We handle the full lifecycle of bank-owned and estate property disposition.
REO Services
⚑

REO Disposition & Listing

Full MLS listing, professional photography, targeted marketing to investors and owner-occupants, offer management, negotiation, and closing coordination.

⚖

BPO & Valuation Services

Interior and exterior BPOs, drive-by valuations, and comprehensive market analyses with 24-hour turnaround times. REColorado MLS and public records sourced.

👥

Occupant Management

Cash-for-keys negotiations, tenant relocation assistance, and coordination with legal counsel for eviction proceedings when necessary.

📈

Asset Management Support

Portfolio-level market monitoring, pricing recommendations, carrying cost analysis, and strategic disposition planning to optimize net recovery.

🏠

Bulk Portfolio Services

Experienced in receiving and managing bulk REO assignments. Scalable operations with consistent quality and reporting standards across all properties.

📋

REO Compliance & Reporting

Compatible with Equator, RES.NET, RELS, and Vendor Resource Management. Fully compliant with HUD, VA, USDA, Fannie Mae, and Freddie Mac guidelines.

Probate & Estate Services
⚖

Probate Property Listing & Sale

Court-compliant listing and disposition of estate properties. We handle MLS entry, marketing, offer review, and coordinate with attorneys through court confirmation when required.

📋

Court & Fiduciary Compliance

We understand Colorado probate timelines, disclosure obligations, and court approval processes. We keep personal representatives informed and compliant at every step.

👥

Heir & Occupant Coordination

Sensitive negotiation with family members, tenants, or occupants of estate properties. We handle difficult conversations so attorneys and PRs don't have to.

⚙

Estate Property Preservation

Securing, cleaning out, and preparing estate properties for market. Coordinating with families on personal property removal, vendor scheduling, and condition documentation.

📈

Estate Valuation & CMA

Detailed Comparative Market Analyses and condition-adjusted valuations for probate filings, estate settlements, and listing strategy development.

🛠

Pre-Sale Rehab Management

Many estate properties need work before listing. We manage bids, oversee repairs, and ensure the property presents well — maximizing recovery for the estate.

Shared Capabilities
⚙

Property Preservation

Initial securing, lock changes, winterization, debris removal, lawn maintenance, and ongoing property condition monitoring with photo documentation.

🛠

Rehab & Repair Oversight

Bid coordination, vendor management, quality control inspections, and budget tracking for property repairs and market preparation.

🗺

Market Intelligence

Quarterly market reports, neighborhood-level trend analysis, and investor activity tracking for the greater Denver metro and Front Range corridor.

Resources
For Banks, Asset Managers & Attorneys
Tools, documentation, and market intelligence to support your REO and probate operations in Colorado.
📈

Q1 2026 Denver Market Report

Comprehensive overview of Denver metro home prices, inventory levels, days on market, and REO/probate-specific trends.

📋

REO Disposition Process Guide

Step-by-step overview of our REO workflow from assignment to closing, including timelines and milestones.

⚖

Probate Property Sale Guide

How we handle estate property listings from initial consultation through court approval and closing. Written for attorneys and personal representatives.

🗺

Colorado Probate & REO Compliance

State-specific requirements for both REO and probate disposition including HOA super-lien rules, court timelines, and disclosure obligations.

📄

BPO & Estate Valuation Methods

How we source comps, make condition adjustments, and deliver accurate valuations for both bank and estate clients.

🏠

Property Preservation Standards

Our preservation protocols, vendor network, inspection schedules, and photo documentation standards for REO and estate properties.

Need a specific document or market report? Contact us and we'll prepare it for you.

FAQ
Frequently Asked Questions

What areas do you cover?

We cover the entire Denver metro area, Front Range corridor (Fort Collins to Colorado Springs), and can take assignments throughout Colorado.

What platforms do you work with?

We're compatible with Equator, RES.NET, RELS, Vendor Resource Management, and most major asset management platforms. We can adapt to your preferred system.

What is your BPO turnaround time?

Standard BPOs are completed within 24 hours of assignment. Rush orders can be accommodated same-day when needed.

Do you handle occupied properties?

Yes. We have extensive experience with cash-for-keys negotiations and coordinate with qualified legal counsel for formal eviction proceedings when necessary.

Do you work with probate attorneys?

Absolutely. Probate property sales are a core part of our business. We work directly with attorneys and personal representatives to handle estate property listings, court compliance, property preservation, and disposition — the same way we handle REO assignments for banks.

What makes probate and REO similar?

Both involve properties where the decision-maker is often remote, the property may be vacant or distressed, timelines are driven by legal processes, and the sale requires specialized compliance and documentation. Our systems are built for exactly this kind of work.

Can you handle the property cleanout for an estate?

Yes. We coordinate with families on personal property removal and manage vendor scheduling for cleanouts, repairs, and market preparation. We treat every estate property with the care and sensitivity the situation deserves.

Our Work
Case Studies
See how we transform distressed and estate properties into market-ready homes that maximize recovery for our clients.
Case Study 01

25206 E Lake Drive

Aurora, CO · 4 Bed / 3.5 Bath · 2,400 sqft

REO Disposition
Full Staging
25206 E Lake Drive - Exterior
The Challenge

Bank-owned property that had been vacant for several months. The home needed cosmetic updates, deep cleaning, and professional staging to compete in a neighborhood where presentation drives premium pricing. The asset manager needed a fast turnaround without sacrificing recovery.

Our Approach

Full property preservation, vendor-managed cleanout and repairs, followed by professional staging of all main living areas. We coordinated photography, MLS listing, and targeted marketing to both owner-occupants and investors within 10 days of assignment.

10
Days to Market
21
Days to Contract
98.5%
List-to-Sale
$485K
Sale Price
The Result
Kitchen
Kitchen
Living Room
Living Room
Primary Bedroom
Primary Bedroom
Bathroom
Bathroom
Our Process
01
Assessment
Property inspection, BPO, and scope-of-work development
02
Preservation
Securing, cleanout, repairs, and vendor coordination
03
Staging
Professional staging, photography, and marketing prep
04
Marketing
MLS listing, targeted outreach, and showing management
05
Closing
Offer negotiation, inspection management, and close
More Case Studies Coming Soon

5540 E 4th Ave · 8500 Jefferson · 950 Upham

Before photos and additional property transformations will be added as data becomes available.

Contact Us
Let's Work Together
Whether you're a bank with a portfolio or an attorney with an estate property, we're ready to help.

ReadyState Property Group

Operating under Hatch Realty LLC (EC.10008532). Licensed in the State of Colorado.

Phone: 303 746 7168
Email: reo@hatchdenver.com
Office: Denver, CO
Team Direct Lines
Kelly: Kelly Reed Grayden — Managing Broker
Ashley: Ashley Mendenhall — REO Specialist
Elliot: Elliot Grayden — Operations