Auction of Real Estate Notes, Deeds of Trust, and Mortgages
National REO Auctions specializes in helping attorneys and lenders liquidate non-performing assets through voluntary auction sales of real estate secured lending instruments.
This process is a fast and easy way to collect on non-performing loans and avoid the complications associated with foreclosure rules and regulations in the Washington, D.C., metropolitan area. Mediation and new recordation rules are just a few of the current requirements. Specifically, we are available to conduct voluntary auction sales of Notes secured by real estate.
For Note auctions, National REO Auctions prepares and publishes advertisements for each auction and then accepts sealed bids from the day of the initial advertisement until shortly before the day of the live auction. Then National REO conducts the live Note auction sale.
National REO's staff has legal counsel available to assist in preparing the advertisements, complying with any applicable rules, and drafting any necessary documents.
When using National REO Actions, the process is fast, efficient, with little effort on the part of the Note holder, and at a reasonable rate.
Why not try the auction method of collecting your unpaid real estate Notes? For details, contact our office today.