Sellers | Buyers | Brokers | REO/Developers
REO/DEVELOPERS
REO Special Servicers
These sophisticated sellers know exactly the net present value of their property and understand that time is money. At Graham Auction Company we focus 100% on getting the job done. Some of the largest auctions managed by Graham Auction Company have been REO sales.
Financial Institutions Bank REO
Our financial institution clients never know what type of properties will become their next troubled asset so having a trusted partner like Graham Auction Company works for them. Our Multi Property Auction Events are a convenient way for a commercial lender to sell one, ten or even an entire portfolio of REO properties at one time.
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sell now and avoid carrying & maintenance costs
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convenient way to liquidate an entire portfolio
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generates the highest dollar for the lender
We believe that a well-marketed foreclosure auction solves our lender-clients' problems immediately and generates the highest dollar for the advantage of the lender, while benefiting the borrower too. With average bank-owned property holding costs reaching as high as 40% of the foreclosed-upon mortgage balance, the best solution for every commercial lender is to sell now and avoid all of those carrying and property maintenance costs. Our foreclosure auctions can be held in conjunction with the Sheriff or any other court authority, as necessary.
With every auction happening on-site, and with our high level of detail to every transaction, our commercial lending clients can be confident that our time-sensitive methods will deliver the solution they need.
Investors and Developers
From time to time, individual investors and development companies make an investment they would like to get out of quickly, or find themselves forced to foreclose on a seller take-back loan. When that happens, Graham Auction Company steps in to expeditiously effectuate a sale through a professionally managed auction process.
Bankruptcy Auctions
Graham Auction Company opened in 1952 and pioneered the use of auctions for the United States Bankruptcy Court here in Florida, selling out Sam Senter Farms, immediately followed by The Port Everglades Ship Yard. Over almost six decades, the firm has maintained its legacy of leadership by conducting many of Florida's largest, most successful auctions on behalf of trustees, bankruptcy attorneys, government agencies, corporations and individuals.
Public and Private Corporations
With so many different vertical markets stagnant or declining, public and private corporations need business strategies that preserve cash through this economic downturn.
One strategy is for a company to auction their excess real estate and personal property assets to raise cash. There is no sense in having cash tied up in a property that your company is not using if that cash can be used to fund core business operations.
