In hidden equity cases, a pre-foreclosure auction marketplace can uncover equity by gaining the highest and best offer for the home.
“What we’re finding is that a transparent pre-foreclosure auction marketplace protects and preserves hidden home equity while helping to prevent foreclosures,” said Auction.com VP of Market Economics Daren Blomquist.
Watch the latest episode of Disposition Download to learn how pre-foreclosure auctions uncover hidden equity.