Loan Pools Sales Now Available for Purchase on QuickSale.com

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Lenders and other large real estate portfolio owners can liquidate their assets in bulk, while investors can purchase them at competitive prices

QuickSale.com is the best of both worlds: We market loan pools to the biggest possible audience and offer serious investors the most competitive bulk sales deals available anywhere.

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QuickSale.com today announced that it will handle the loan pools marketing and sales for several banks, lenders and other investment groups throughout the United States that are motivated to liquidate their performing and/or non-performing assets in record time.

The disposition program, dubbed QuickSale.com Loan Pool Exchange, provides a central, one-stop place for brokers, lenders, bankers and investors to buy and sell these pools in bulk. In addition, the company’s easy-to-use, custom-built interface allows investors from around the world to search for Real Estate-Owned (REO) and other loan pools – residential and commercial -- that are for sale in their target markets and/or price ranges.

To learn more about the QuickSale.com Loan Pool Exchange, as well as to view current loan pools for sale, visit: http://www.quicksale.com/loanpools.html.

“Whether it’s one asset or 100, a deal worth $100,000 or $10 million, our offer management and auction platforms are able to handle transactions of all shapes and sizes,” said Patrick Butler, QuickSale.com Director of Partner Relations. “We engage first-time buyers, investors and their agents at the local and international levels to sell them bundled distressed assets through a proprietary online sealed bid auction process.”

REO and other loan pools for sale are bundles of bank-owned properties and/or bundles of loans sold in bulk. The REO inventory represents properties that have gone through the foreclosure process and are owned by the bank or lending institution. The loan inventory represents real estate mortgage loans that are either performing or non-performing. Non-performing loans are those in which the borrowers are in default and the lenders either have or haven’t started the foreclosure process, but not yet completed it.

“When it comes to bulk purchases, the real opportunities exist in the disposition strategies. We are fortunate at QuickSale.com to have the strategic partnerships with our sister companies to provide investors with a totally integrated solution for REO or distressed note disposition,” said Butler. “Additionally, these solutions are all web-based, enabling investors to capitalize on the more than 50 years of experience of our management team in the distressed asset space. The objective is to turn the inventory as rapidly as possible so investors can apply their capital to other purchases.”

All interested parties, whether it’s a lender and/or buyer/investor need to be pre-approved to sell and/or buy loan pools on QuickSale.com. Searching loan pools for sale on QuickSale.com, which syndicates its listings to more than 80,000 real estate-facing websites and attracts more than 6 million interested buyers each month, is completely free and open to everyone.

“QuickSale.com is the best of both worlds: We market loan pools to the biggest possible audience and offer serious investors the most competitive bulk sales deals available anywhere,” said Butler. “QuickSale.com is a place where deals get closed as fast as possible and everyone goes home happy, saving an incredible amount of money in the automated process.”

To learn more about the QuickSale.com Loan Pool Exchange, as well as to view current loan pools for sale, visit: http://www.quicksale.com/loanpools.html.

About QuickSale.com
QuickSale℠ is the future of real estate, connecting buyers, sellers and agents in one convenient location. Its amazing deals, incredible marketing power, nationwide broker network of "community experts" and the latest online "sealed bid" auction technology seamlessly deliver the smoothest, easiest and fastest transactions possible. QuickSale℠ properties are aggressively-priced and pre-approved for immediate sale. Searching for properties on QuickSale℠ is fast and easy. And its proprietary "sealed bid" auction feature allows buyers to submit offers on the spot with help from their brokers.

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Tom Myers
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