Today’s economic climate presents the greatest challenge to lenders in modern history. Loans for residential, commercial property and vacant land have been foreclosed upon at a record pace.
Strategic Auction Alliance helps lenders to accurately assess the course of action for each property on an individual basis. We understand the lender’s position as they weigh potential liabilities against adding property to REO portfolios. We identify third party sale candidates and market them accordingly. We remove any guesswork and address the requirements of each loan’s circumstances.
When a third party sale is a possibility, we market the property to protect the lender, attract the maximum number of bidders and ensure the auction was commercially reasonable. We market the property to protect the lender, attract the maximum number of bidders and ensure the mortgagees sale is commercially reasonable.
The Strategic Auction Alliance provides pre-foreclosure analysis, broker price opinions, and best and highest use analysis. Our clients decide on the approach they will take based upon market research and factual data.
Contact us today for a free analysis of your upcoming foreclosure properties.