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.
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!
|Address:||510 Market Street.
Pocomoke City Maryland 21851 United States