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Worldwide Competitive Bidding

At Auction Markets, LLC, we specialize in creating competitive bidding for your real estate, personal property, intellectual property and financial instruments by applying our company founder's two decades of auction transaction experience and the extensive experience of our management team along with the latest auction strategies and technologies. Since he started in the auction business in 1992, Stephen Karbelk, CAI, AARE has sold hundreds of millions of dollars of assets throughout his long career in the auction industry. No matter what type of asset you have that needs to be sold, Auction Markets can bring your assets to the market.


NOTE MARKETS

LOAN SALE OFFERING

LOAN SALE OFFERING - This is a final call for offers (upset bids).  Attached is the Trustee's Motion.

AUCTION DATE: November 4th, 2014 at 9:30 am EST

OBJECTION DUE DATE: on or before October 28th, 2014

Auction Markets, LLC is currently soliciting upset bids for a performing consumer loan on behalf of the U.S. Trustee for the Eastern District of Virginia, Alexandria Office.

Loan Description:  The $168,952 loan represents the remaining balance of a loan originally dated August 9, 2002 in the original amount of $233,000.

The note bears interest at 5.0% (fixed) per annum and provides for minimum monthly payments of $1,250.79 (principal and interest) and on the 1st of each month thereafter until paid in full.  This payment amount provided for a full 30 year amortization at the loan’s inception based on 360 equal monthly installments.  The loan is evidenced by a single page “Promissory Note”.   

Borrower:  The borrower (“Borrower”) is an individual.

Loan Purpose:  The loan represents multiple advances to Borrower.  The note is silent as to any loan purpose; it is presumed any and all advances (proceeds) were for a personal purpose.

Collateral Valuation:  There is no collateral.  The Loan requires that Borrower maintain a Life Insurance policy during the term of the Loan in the amount of $200,000 with Lender named as Primary Beneficiary upon Borrower’s death.

Payment History:  The Borrower has made timely payments throughout the Loan’s term.  Additionally, the Borrower began making semi-weekly payments in September of 2009 and has continued this practice to date, providing additional amortization (prepayment) to date of approximately $11,000.

State Borrower is Located In:‬  Michigan‬

To Obtain More Information‬:  Please visit the Download Center, download, sign and return the Confidentiality Agreement to Stephen Karbelk, Auction Markets, LLC at clay@auctionmarkets.com‬.   You may also call Clay Barnes at 415-717-0077.  ‬


FOR SALE

504,000 SHARES OF STOCK IN PRIVATELY HELD COMPANY

BANKRUPTCY SALE - 504,000 SHARES OF STOCK

We are selling on behalf of a Bankruptcy Trustee 504,000 shares of stock in a privately held technology company.  If you have an interest in learning more about this offering, please contact Stephen Karbelk at stephen@auctionmarkets.com.  Details will be provided upon execution of a Confidentiality Agreement.  


FOR SALE

REAL ESTATE OFFERING - PRICE REDUCED!

Old Town Alexandria Victorian brick single family home with 3 bedrooms and 2.5 baths on an extra large 4500 sq. ft. lot with on-site parking.  This home exudes charm with original features including wood floors, spacious rooms, high ceilings & windows, terraced patio and much more.  Convenient location - close to King St. Metro & Shopping!!!

Zoned "CL" for added bonus!  

Asking Price: $1,349,000

This property is sold strictly in "as-is, where-is" condition. Sale is based on Bankruptcy Court approval.

Click Here For More Information


FOR SALE

NOTES & JUDGMENTS SALE - For US Bankruptcy Trustee

Auction Markets, LLC and NoteMarkets will be soliciting bids for a portfolio of Notes, Judgments, and Settlement Agreements on behalf of the Chapter 7 Trustee in the Eastern District of Virginia, Alexandria Division.  

Lot

Type

Approximate Balance

Security / Collateral

Notes

 

   

 1002

 2nd Lien Mortgage

$21,507 

 SFR – Christiansburg, VA

 Performing

 1003

 Judgment (Default)

$25,942 

 None

 

 1004

 Settlement Agreement

$400,000 

 Confession of Judgment

 Recourse to Residential RE in Northern VA

 1005.1

 Judgment (Default)

$3,151,660 

 None

 Affiliated company debtor

 1005.2

 Judgment (Default)

$314,313 

 None

 Affiliated company debtor

 1005.3

 Judgment (Default)

$457,604,673 

 None

 Affiliated company debtor

 1008

 Judgment (Deficiency)

$177,432 

 None

 Deficiency balance for 2 notes

 1009

 Note / Settlement Agreement

$11,000 

 Unsecured / Confession of Judgment

 Delinquent – debtor makes periodic payments

Please contact Clay Barnes at clay@auctionmarkets.com for details on how to make an offer.  In order to obtain the available loan documents, please click on the Confidentiality Agreement, sign and submit.  All sales are subject to US Bankruptcy Court approval.  


FOR SALE

DEFAULT JUDGMENT SALE - For US Bankruptcy Trustee

Auction Markets, LLC and NoteMarkets will be soliciting bids for a default Judgment on behalf of the Chapter 7 Trustee in the Eastern District of Virginia, Alexandria Division.  

Lot

Type

Balance

Security/Collateral

Notes

 1010

 Judgment (Default)

$83,000 

 

 

Please contatct Clay Barnes at clay@auctionmarkets.com for details on how to make an offer. In order to obtain the available loan documents, please visit the the Confidentiality Agreement, sign and submit.  All sales are subject to US Bankruptcy Court approval.

 


FOR SALE

136 Acre Waterfront Development Parcel Along Brunswick River

Lender Owned Development – Known as Liberty Harbor, this 136 acre, planned mixed-use development with 1,800+/- ft of frontage along the deep waters of the Brunswick River in Brunswick, Georgia, awaits a developer with the vision and resources to bring about the full potential this property has offer. Currently approved development plans include three 25-story multi-family buildings, 218 single family homes, 1800 web and dry stack marina slips and 300,000 sf of commercial development along a community river walk. Brunswick, GA is a short drive north from Jacksonville, FL, making it an ideal living, retirement and vacation destination. Nearby attractions and activities include Jekyll Island, St. Simons Island, Sea Island, offshore fishing and sailing. Tens of thousands of visitors vacation in this region.  

While a buyer initiates their plans for redeveloping this parcel, they can benefit from the current $217,000/year lease income from existing commercial and cell tower tenants currently in place on the inland-most portions of the parcel. A significant majority of the single family lots convey with this sale but some have been sold to third parties but are available for re-purchase.  The buyer of this development will have a controlling interest in the property owners association.  

An extensive data room is available for prospective buyers.  To gain access to the online data room about this property, please complete, sign and return the Liberty Harbor Confidentiality Agreement to Stephen Karbelk at stephen@auctionmarkets.com.   

Stephen Karbelk, Georgia Real Estate Broker, #346212

We are proud to be partnering and working with Blackbird Asset Services 


FOR SALE

REAL ESTATE OFFERING - UNDER CONTRACT

UNDER CONTRACT - This elegant James River Georgian reproduction house is simultaneously a showplace & a comfortable residence that provides all the space and amenities anyone could desire.  The solidly crafted all brick estate contains 7 bedrooms, 7 full baths, 2 half baths & 5 fireplaces on 5 wooded acres. It contains approximately 10,000 square feet of finished living space & substantial additional lower level space suitable for finishing. Thought-out features throughout include solid cherry floors, elegant detailed moldings, hand crafted woodwork & cabinetry, & more.

Despite its sense of seclusion, this estate is only three miles from the Fairfax County Parkway & a short distance to Washington D.C.

Asking Price: $1,295,000

Final Sale subject to US Bankruptcy Court approval.  Click Here For More Information