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Foreclosure Auction
Greatbridge Auction Analysis System


System Components
Reports
Production Schedule
Build Table 1 - Trustee Auction List
Build Table2 - MLX property characteristics
Build Table 3 - Comparable property tables
Build Table 4 - Mortgage history from title company
Build Talble 5 - Property inspection pictures
Master File maintenance and data rotation
Printing procedures
Techniques




System Components
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.
Daily Master.xls
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
Master List.xls
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.
Update.xls
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)
Comp Work.xls
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.
  1. Print.xls
  1. Print has four tabs:
    1. Select - enter auction date and sort by address
    2. 1PM - formats all records for the 1 PM auction for printing with a flag on records for which comp research has been done.
    3. Not 1 formats records for auctions that will occur at times other than 1 PM for the auction date
    4. Comps - formats a special report for parcels on which research has been done.


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Reports

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Production schedule
  1. Wednessday to Wednessday schedule



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Build Table 1 - Trustee Auction List

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Build Table2 - MLX property characteristics

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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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Build Talble 5 - Property inspection pictures

Wishful thinking stage



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Master File maintenance and data rotation
  1. Grandfather Master file on a CD.  Maintain one CD for each day of the week.
  2. Purge closed sales from Master list using Update.xls
  3. 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
  1. Open Print.xls, enter date of auction and print the three reports.


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Techniques
  1. Excel import
  2. File Linking
  3. control keys



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