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Company Description
Company: Progressive Auction Exchange, LLC
Code: 113278
Industry: Real Estate   Marketing & Advertising
Status: Public
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!

Keywords:

foreclosure alternative, auction, auctions, auctioneer, asset recovery, loss mitigation

Territory:

Nationwide specializing in the California, Arizona, Nevada, Maryland, DE, Virginia Markets

Web Addresses
Type: Public Company Web Link
Name:Progressive Auction Exchange, LLC
Link: Got to this link http://www.paxauctions.com/

Type: Public Company Web Link
Name:Cash or Collateral the Foreclosure Alternative
Link: Got to this link http://www.cashorcollateral.com

Type: Public Company Web Link
Name:REauction.com The Industry Standard
Link: Got to this link http://www.reauction.com

Keywords
Go here Asset Management Go here Asset Recovery Go here Distressed Asset Management Go here USA Asset Sales Go here Internet Auctions Go here Internet Marketing Go here Webcast Real Estate Go here Loss Mitigation Go here Foreclosure Go here REO Go here Foreclosure Services Go here Foreclosure Sales Go here Foreclosure Prevention Go here REO Servicing Go here Reposession Go here ECommerce Go here Auctions Go here REO Sales Go here Real Estate Marketing

Territory
United States of America, Arizona, California, Delaware, Indiana, Maryland, Nevada, Virginia,

Property Types

Loan Types

Progressive Auction Exchange LLC Forum   Read this forum
Click here to start a forum for Progressive Auction Exchange LLC


Contact Information
E-Mail Addresses  
Type: Public Contact E-Mail Address
Name: Billy Burke
E-Mail: Billy Burke  Send an email

Physical Addresses
Type: Public Company Address
Name: Progressive Auction Exchange, LLC
Address: 510 Market Street., Pocomoke City, Maryland 21851 UNITED STATES
Phone: Main: 1-410-957-4786  Fax: 1-208-693-5231 

List of Contacts
Nick Name:   Billy Burke
Type: Public Default
Name: Billy Burke
Title: President

Type: Public Company Address
Name: Progressive Auction Exchange, LLC
Address: 510 Market Street., Pocomoke City, Maryland 21851 UNITED STATES
Phone: Main: 1-410-957-4786  Fax: 1-208-693-5231 

Type: Public Contact E-Mail Address
Name: Billy Burke
E-Mail: Billy Burke  Send an email


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