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PROPERTY LENDERS:

An unfortunate reality of a cyclical market such as real estate is that as prices move downward, more and more owners will have trouble selling their homes. Owners that may have been able to use The Auction Method 12 months ago and pay off the underlying liens, may no longer be able to sell as the fair market value of the house approaches, and often goes below, what is owed on the property. Lenders will face a growing portfolio of defaulted loans, tying up significant amounts of capital that cannot be loaned out as performing assets.

Lenders: Don’t “Chase the Market Down”–

Consider The Auction Method as a quick and definitive way to sell Real Estate Owned properties

Real Estate Auctions: Benefits To Lenders

Sale Date is Firm: The time defined sale on the exact date you choose, of any kind of property from individual houses to subdivision close outs, commercial or raw land
Focused Marketing Campaign: The Auction Broker’s™ proprietary blend of our Maximum Velocity Marketing and Demographic Profiling systems target the advertising for your auction directly at those buyers most likely to buy
Buyers Come to Buy: Buyers are required to register with certified funds on the day of the auction and will must submit ‘no contingency’ offers usually closing within 30 days
Receive Maximum True Market Value Offers: Using the accelerated marketing techniques required for a successful real estate auction creates a competitive bidding environment of hyperactive buyers committing to purchase your properties, driving the price up to the best price available on the day of sale



Still have questions? Please visit our FAQs page for a comprehensive collection of Frequently Asked Questions regarding real estate auctions or contact us.

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