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Good Home Deals At Auctions?

By
Services for Real Estate Pros with Sevick Law PLLC

When I first blogged about this January 15th, I didn't anticipate another one of these auctions to roll around so soon.  On March 17th & 18th the auction firm of Hudson & Marshall, the nation's largest seller of foreclosed property for multiple lenders will be auctioning off 260 Detroit homes valued at $10,000 to $300,000.  More information may be found in this press release from Hudson & Marshall. 

Information on the homes being sold as well as restrictions and bidding criteria may be found on the website of Hudson & Marshall

 Auction Christopher Sevick www.SevickLaw.com

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Comments(2)

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Andy George
Century21 Drue Self Real Estate - Las Cruces, NM
thanks Chris!
Mar 10, 2007 02:45 AM
Lola Audu
Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate - Grand Rapids, MI
Audu Real Estate~Grand Rapids, MI ~Welcome Home!

Chris,

This is amazing...260 HOMES!  I had heard rumors that 1 in 80 homes in Detroit is in some version of default, ie. late payments etc.  Thanks for bringing our attention to this press release.  Our local real estate board has appointed a task force to deal with the challenges facing our industry in this area.  It's very sobering...

Mar 14, 2007 01:09 PM