| Company Description |
Company: |
Progressive Auction Exchange, LLC
CID-113278
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| 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: |
641 => 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 |
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| 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 |
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| Opinion Survey
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| 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 |
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| Employment Positions |
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| 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 |
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| 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
|
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