SPARKS, Maryland, September 11 /PRNewswire/ --
- Web Domains Offer Ready Access to US$550 Billion Pre-Tax Foreclosure Real Estate Market
Sparks, Maryland-based SC&H Capital is pleased to announce an extension of the deadline for bid offers on "taxforeclosure.com" and "taxforeclosures.com." SC&H Capital is conducting a controlled auction of these uniform resource locators (URLs), and bidders' expressions of interest must be registered by December 31, 2008.
Joseph Bradley, Senior Vice President of SC&H Capital, describes these Internet properties as an ideal strategic asset for financial institutions, real estate investors, debt consolidation and tax foreclosure remediation firms and others. "The financial implications of the mortgage crisis are far from over. As real incomes continue to decline, tax liabilities become more burdensome on already distressed property owners," says Bradley. "Mortgages are not being paid, and escrow accounts are not being funded. Consumers are drowning in debt, and tax delinquencies and foreclosures are on the increase. Many people are unaware that tax liens hold first position over all other debt instruments, including bank mortgages."
The size of the tax lien and tax foreclosure market in the US alone is staggering: Over US$550 billion. "The value of these URLs to the financial, real estate and credit markets both here and abroad will only increase as US tax foreclosures continue to expand. The interest generated by the auction of "taxforeclosure.com" and "taxforeclosures.com" has been international."
To register interest in these resources: contact Bradley at +1-410-403-1586 or via email to jbradley@scandh.com
A subsidiary of the SC&H Group (http://www.scandh.com), SC&H Capital is a transaction advisory and strategic planning organization, with expertise in assisting clients with buying, growing, and selling businesses. They are experienced in advising Internet properties, including the sale of Ratemyprofessor.com to Viacom in 2007.
Contact: Joseph T. Bradley Senior Vice President 910 Ridgebrook Road Sparks, MD 21152 jbradley@scandh.com +1-410-403-1586 +1-800-832-3008
Web site: http://www.scandh.com
Joseph T. Bradley, Senior Vice President of SC&H Capital, +1-410-403-1586, +1-800-832-3008, jbradley@scandh.com
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