Monday, 12 April 2021 | The Latest Buzz for the Appraisal Industry

Report: Online Auctions Significantly Reduced REO Holding Time

Since 2016, foreclosure sales have generated $1.2 billion in surplus funds for distressed homeowners—that and related intel is included in a 2021 Seller Strategy Report from online auction marketplace Auction.com. According to Auction, using an analysis of more than 70,000 properties brought to foreclosure auction in Q1-4 2020, the report identifies distressed disposition strategies that yield …

The post Report: Online Auctions Significantly Reduced REO Holding Time appeared first on DSNews.

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