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Foreclosure
Auction
Greatbridge Auction Analysis System
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System
Components
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Build
Tables.xls
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Concatenates
APNs, imported into the table 1 tab (
T1) from the Trustee List for an auction date into strings of 15 APNs
to reduce querying to mlx. Accumulated mlx property
characteristic data is imported into table 2 tab (T2) and tables 1 and
2 are integrated in T1&2.
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Daily Master.xls
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Values from Build Tables.xls tab
T1&2 are pasted into a Daily Master list file for further analysis
and for integration with Master List.xls
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Master
List.xls
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Daily
Master Lists are pasted into the master list in which Table 3 (comp
data) and table 4 (mortgage history data) is entered. Records in
Master List are purged as properties sell or are cancelled or
whatever. Records for sales that are postponed are saved until
the postponement date.
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Update.xls
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After
the auction, the trustee list for an auction date is downloaded from
Nevada Legal News and imported into update. A Macro in Master
List.xls creates a new column A in that file which displayse the status
reschedule date of any parcels for which a status is found in
Update.xls (See Update Procedure)
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Comp
Work.xls
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CompWork.xls
display information from MasterList for any selected APN. Tab 3
displays information required for comping and allows entry of Table 4
data (mortgage history). Up to 25 comp records that are imported
into the Import tab of CompWork are displayed in the data entry
screen and all data from the screen is stored in MasterFile.xls
by the Save Procedure.
Tab T4 displays data about any selected parcel and allows entry or
editing of tabe 4 (mortgage history) data which is stored in
MasterFile.xls by the save procedure.
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- Print.xls
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- Print has four tabs:
- Select - enter auction date and sort by address
- 1PM - formats all records for the 1 PM auction for
printing with a flag on records for which comp research has been done.
- Not 1 formats records for auctions that will occur
at times other than 1 PM for the auction date
- Comps - formats a special report for parcels on
which research has been done.
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Top of Page |
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Reports |
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Production schedule
- Wednessday to Wednessday schedule
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Top of Page |
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Build Table 1 - Trustee Auction List |
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Top of Page |
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Build Table2 - MLX property characteristics |
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Top of Page |
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Build Table 3 - Comparable property tables
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Build Table 4 - Mortgage history from
title company |
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Top of Page |
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Build Talble 5 - Property inspection pictures
Wishful thinking stage
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Master File maintenance and data rotation
- Grandfather Master file on a CD. Maintain
one CD for each day of the week.
- Purge closed sales from Master list using
Update.xls
- Add any new daily listings, being sure to
delete from the daily listing, records for parcels that already exist
in Master File
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Printing procedures
- Open Print.xls, enter date of auction and print
the three reports.
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Techniques
- Excel import
- File Linking
- control keys
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