Manatron GRM ForeClose
Online Auction of Tax-Defaulted Property Powered by Realauction
Partnering with Realauction, Manatron presents GRM ForeClose, a robust, feature-rich online application for the auction of tax-defaulted property. With an easy-to-use, intuitive design, Manatron makes it simple for local governments to move cumbersome, live auctions online to a website with many of the elements determined by your office. In addition, GRM ForeClose is integrated with Manatron’s tax collection software, decreasing the time and work of data entry.
GRM ForeClose now offers a time and cost-saving process for the auction of tax-defaulted property. Clerks of the Court, Recorders and other agencies can use technology to streamline the labor intensive process of foreclosure sales. Online auctions increase the number of bidders, without adding to the workload of the government agency.
Reduce time and cost. Auctions can be held at any time, without the need for rented or scheduled facilities. Staff can manage multiple transactions with accuracy and timeliness.
Easy to use. Everyone involved in the process will find the online interface simple to understand. Staff can upload documents one time, giving access to all potential bidders.
Quick updates. As property details change, the online auction site can be easily revised. Participants in the auction can receive up-to-date information at any time of the day or night.
Easy. Efficient. Accurate.
GRM ForeClose makes it easy to benefit from the time and cost-saving advantages of online auctions of tax-defaulted property. Our extensive experience in data management and unparalleled security measures make the technical aspects of the auction the easiest part for your agency.
Easy. No hardware or software to buy. No integration projects for your IT department. Manatron manages the data transfer from your software system to your custom web site.
Efficient. You don’t need to rent a physical location for the auction or hire an auctioneer. That saves time and money. In addition, GRM ForeClose includes Automatic Clearing House setup (ACH) so investors can pay for properties using the ACH facility on the web site.
Accurate. Updates are made quickly when property information changes. All participants receive the latest information simultaneously, streamlining the process for staff.
Better for investors – better for staff. It’s easy to post all relevant property information on your auction website, readily available to investors. All that’s needed is a web-browser and access to the Internet. Investors may register, review property data and enter bids at any time until the auction ends. Once the auction closes, payment is transmitted using the online ACH process on the website. When all transactions are complete, data from the auction is imported back into your tax system. Staff can generate complete reports to ensure compliance with all regulations.
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