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Bidders Snatch up Forclosed Homes at Auction

 
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melonrightcoast



Joined: 22 Feb 2009
Posts: 236
Location: metrowest
PostPosted: Sun Mar 08, 2009 2:42 am GMT    Post subject: Bidders Snatch up Forclosed Homes at Auction Reply with quote
Did anyone on this board attend this foreclosure auction? I hope there is a follow up story as to how many of the banks agree to the auction sales prices.


http://wbztv.com/local/foreclosed.homes.auction.2.952232.html
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Shoeshine



Joined: 10 Nov 2007
Posts: 38
Location: Greater Lowell MA
PostPosted: Sun Mar 08, 2009 3:15 am GMT    Post subject: Reply with quote
I have attended these auctions in the past

the REDC ushomeauction.com Real Estate Disposition Corporation
group runs them

they pulled alot of properties back off the auction block
becuase of deed issues

when i went last year, there were 3000 people in attendance
at the Hynes convention center in Boston
.
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