Post Your Information
Loan Request
Job Seeker Application
FREE Job Posting
Register Your Company
Property Services



 Mortgage Lending
· THRIFTY LOANS INC. has a strong reputation as an o
· Seedco Financial Services Receives $2 Million from
· National Disaster Insurance Would Help Consumers,
· Texas Couple Sues Over Losses in Alleged Ponzi Sch
· Pricing Partners announced today a remarkable imp

 Mortgage Software
· Pricing Partners announced today a remarkable imp
· Prommis Solutions and Radian Partner on Loss Mitig
· MyFax Hits Milestone with 300,000 Subscribers
· ClosingCorp Launches Online Source for Real Estate
· Pricing Partners extends significantly its inflati


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: 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
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