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RealtyNoteBid.com, the Pre-foreclosure Exchange, is the first easy-to-use online auction platform where Investors can bid on and purchase secured, distressed debt investments directly from Lenders prior to the foreclosure sale. All of our real estate auctions are available to bidders on the website for a minimum of 10 days at discounted minimum reserve prices.
Today, Lenders are searching for an efficient, cost effective way to deal with the large number of non-performing loans in their portfolios. Rather than foreclosing on these loans and taking them into REO, they are creating distressed debt investing opportunities by selling them through our online real estate auction platform.
This change in strategy is a huge opportunity for home buyers and Investors alike ... Read more
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