Auction.com in the news

AUCTION.COM IN THE NEWS

Auction.com In the News

Time Being the Enemy of Equity

Post-pandemic loss mitigation waterfalls are helping many distressed homeowners avoid foreclosure for the long term, an outcome emanating from lessons learned during the COVID-19 crisis.  

However, more than one-third of properties avoiding foreclosure are caught in a spin cycle in which they are repeatedly rescheduled for foreclosure auction.  

Watch the latest episode of Disposition Download to learn why homes caught in this spin cycle tend to lose more equity.