Real estate owned (REO) disposition as defined by Auction One Las Vegas involves the efficient sale of bank owned or foreclosed real estate to help mitigate the losses incurred by the defaulting of a mortgage loan. Our REO disposition services include auction marketing, property preservation, security from eviction through closing, and all required title and curative work necessary to affect a successful and immediate sale. Our marketing services and closing speed (average 75 days total) not only increases net realized returns, but also lessens the cost and time associated with traditional real estate marketing.

Auction One Las Vegas has designed and implemented several progressive models for REO disposition and loss mitigation.

Beyond the traditional dispersal  our service include turnkey and third party sales through our auctions, which run concurrent with foreclosure, allowing lenders to avoid property ownership, cost and liabilities. Monthly sales offer sellers time-definite disposition.

As with all our auction services, all upfront cost can be underwritten to further reduce client risk or meet other capital needs. These resources, as well as the inherent transparency of auction marketing, insure our fiduciary clients of the most successful real estate transaction possible.

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