| Company Description | Company: | Progressive Auction Exchange, LLC CID-113278 | |
| Title: | Cash or Collateral The Foreclosure Alternative | ||
| Description: | Remember The “Golden Rule” of Loss Mitigation: The first loss is your best loss Cash or collateral offers lenders & borrowers an Early Mitigation (EM) solution to deliver ‘the present cash market value’ for any property in about 6 to 8 weeks. The current real estate market has created a need for a quick cash-out solution for distressed sellers & mortgage lenders. Buyers don’t want hype they want to pay what a property is worth in a transparent auction transaction. “Cash or Collateral” is an innovative alternative to costly foreclosures, equity erosion and risks of holding & maintaining thousands of vacant homes. The methods used are based upon 2000 years of auctioneer traditions combined with 21st century technology. SIMPLE CONCEPT: Borrowers who realize they are unable to make payments or sell their property are placed into an accelerated auction pool where each property has a custom package created; 1. Certified Home inspection. (Collateral snapshot) 2. Pre-foreclosure appraisal (valuation analysis) 3. Property Triage (special needs assessment) 4. Professional accelerated auction marketing program Delivering the present cash market value in about 6-weeks Foreclosure laws & regulations date back to the great depression of the 1930s and don’t account for modern technology. The foreclosure alternative / asset recovery solution for today’s real estate market not the 1930’s! |
||
| Industry: | Real Estate Marketing & Advertising | ||
| Dates: | Modified: 03/12/2008 Added: 10/22/2001 | ||
| Rank: | 531 => This information appears current! | ||
| Keywords: | foreclosure alternative, auction, auctions, auctioneer, asset recovery, loss mitigation | ||
| Territory: | Nationwide specializing in the California, Arizona, Nevada, Maryland, DE, Virginia Markets | ||
| Web Links | |||
| Progressive Auction Exchange, LLC www.paxauctions.com/ | |||
| Cash or Collateral the Foreclosure Alternative www.cashorcollateral.com | |||
| REauction.com The Industry Standard www.reauction.com | |||
| Opinion Survey Post a New Opinion | |||
| Posting Information | |||
| Status: | Public | ||
| Keywords: | Asset Management, Distressed Asset Management, USA Asset Sales, Internet Auctions, Internet Marketing | ||
| Territory: | United States of America, Arizona, California, Delaware, Indiana, Maryland, Nevada, Virginia | ||
| Employment Positions | |||
| Progressive Auction Exchange LLC Forum | |||
| -- Click here to start a forum -- | |||
| Contact Information | |||
| Name: | Billy Burke | ||
| Title: | President | ||
| Email: | Email This contact | ||
| Address: | 510 Market Street. Pocomoke City Maryland 21851 United States | ||
| Phone: | Main: 1-410-957-4786 Fax: 1-208-693-5231 | ||
| Other Contact Information | |||
| Address: | 510 Market Street. Pocomoke City Maryland 21851 United States | ||
| Phone: | Main: 1-410-957-4786 Fax: 1-208-693-5231 | ||
| Email: | Billy Burke Email This contact | ||
| Peoples Choice Posing Add an entry | |||
