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Learn how the Auction method can help you realize your purpose and goals.

Why should I sell at Auction?

Why the Auction Method should be the FIRST consideration for Real Estate sales.

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Lending Institutions & Banks

1National Governors Association http://www.nga.org
2 http://www.nga.org/Files/pdf/0805FORECLOSUREMORTGAGE.PDF
3Desiree Hatcher, "Foreclosure Alternatives: A Case for Preserving Homeownership," Profitwise News and Views (a publication of the Federal Reserve Bank of Chicago) (February 2006),p.2 (citing a GMAC-RFC estimate) (http://wwwchicagofed.org/community_development/files/02_2006_foreclosure_alt.pdf ). See also Congressional Budget Office (CBO), ï¿½Policy Options for the Housing and Financial Markets," (April 2008), p. 17
4Karen M. Pence, "Foreclosing on Opportunity: State Laws and Mortgage Credit,"Board of Governors of the Federal Reserve System (May 13, 2003), p. 1 (http://www.federalreserve.gov/Pubs/feds/2003/200316/200316pap.pdf ). See also CBO, p. 17; Community Affairs Department, Office of the Comptroller of the Currency (OCC), "Foreclosure Prevention: Improving Contact with Borrowers," Community Developments (June 2007), p. 3 (http://www.occ.treas.gov/cdd/Foreclosure_Prevention_Insights.pdf ).

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Bank Asset & Acquisition Managers

How can lenders Asset & Acquisition Managers save in liquidation expenses?

True Blue Auctions with our time proven method and our innovative approach utilizing the latest technologies available can deliver the current market value of any property in as little to 4 to 6 weeks. With our method we provide targeted promotion, a competitive environment where the final sale price goes up instead of down, no contingencies, liquidating seized or real property in its present condition, with no closing costs (real estate) where there are motivated and committed buyers.

Understanding your bottom line means knowing the most important rule in loss mitigation. The first loss is the best and least expensive loss. Business Liquidators are not able to produce the bottom line like we are at auction. Consumers know what goes on when Liquidators are responsible for closing a business. The end result is not near as effective and takes much longer.
When lenders help businesses realize they cannot afford the payments and want to avoid seizure the result is receiving the most cash possible for the collateral. Avoid the costly alternative to our method. Save the costs of seizing assets, don't run the risks of maintaining real and seized property and letting equity erode.

Let True Blue Auctions show you how we can bring cash for real estate and seized property much faster than traditional real estate and business liquidator sales methods. Our methods raise the property being sold above ALL the rest on the market in a time defined manner with no surprise costs or tax issues.
Our proven method produces three possible outcomes for sellers of real or seized property.
1. Everyone is made whole with a cash payoff.
2. There is a short sale where the loss is based on a formula.
3. Provide the deed in place of waving the rights of redemption without involving the courts.

What makes our method the most attractive to lending institutions and their investors is that our method brings expeditious resolution while mitigating losses.
Our program is scalable to handle as much inventory that qualifies.

The bottom line is with True Blue Auctions we can provide cash or collateral while saving time all while maintaining decorum for those losing the property.

Contact Us today for help saving the costs associated with foreclosure.