Mr. Schaar has spent his entire professional
career in the real estate and receivership industries. He was with Shell Oil
Company for over 10 years where his responsibilities included the aquisition of
land for Shell's exploration and production departments throughout the United
After leaving Shell, Mr. Schaar entered the savings and loan industry. During
his 10 years in the industry, he headed a Loan Production Division and was
responsible for millions of dollars in builder commitments. Mr. Schaar also
headed a Real Estate Department which included the management of property
acquired through foreclosure.
Mr. Schaar is President and Owner of Ostaar Real Estate Services, Inc. Ostaar
was established in 1977 to manage income properties exclusively for financial
institutions and insurance companies.
Mr. Schaar is an approved court appointed Receiver through the Superior Court of
the State of California. He is widely recommended as a Receiver on properties
for several major financial institutions and is considered a specialist in the
Southern California area. Mr. Schaar is also recommended by attorneys to act as
a Receiver for small to mid-size businesses.
Mr. Schaar is a graduate of the University of Southern California School of
Business. He holds a B.S. degree in Business Administration and has taken
advanced courses in marketing, advertising and real estate.