Articles Archive for March 2008
US Property »
JJManning Auctioneers is offering this nature lover’s waterfront paradise located on a private dead-end road just minutes from the train to Boston. Plans and approvals in hand to transform the present home into an over 2,000 sf. Craftsman-style cottage with panoramic views of North River. Deepwater dock on North River provides ocean access through New Inlet via 12′ mhw clearance bridge.
* TAX ASSESSMENT (2007): $794,800 ($720,300 Land & $74,500 Bldg.)
* SITE AREA: 2.3 /- ac. (100,188 /- sf.)
* …
US Property »
Inland Real Estate Auctions, Inc. announced today it will auction Tuscumbia Country Club in Green Lake, Wis., home to the state’s oldest golf course. The resort property also includes a full restaurant and the Green Lake Lodge, a 10-unit log cabin-style luxury condominium development completed in 2006, and an adjacent development site. The auction will take place in May.
The winner of the auction will own a landmark 18-hole golf course, founded in 1896 and carefully crafted and improved over 100 years. The resort destination includes a recently constructed clubhouse that …
US Property »
Federal housing officials are giving New York another three weeks to find a buyer for nine low-income apartment buildings.
The U.S. Department of Housing and Urban Development agreed to postpone the auction scheduled for Wednesday for 21 days.
New York city objected to the auction, in which the buildings would go to the highest bidder, regardless of management history. City officials wanted more say in who buys the properties and how they are used.
US Property »
MONTEREY, Calif., – Accelerated Marketing Partners will conduct a real estate auction for primary and vacation homes on Sun., April 13 for Cypress Park, a condominium and townhome development in Monterey, Calif. Minimum selling prices for the 41 one- and two-bedroom homes available at the auction will start at $225,000.
“This is an excellent chance for buyers to capitalize on prices unheard of in Monterey, where homes are currently valued between $600,000 and $950,000,” said Ken Stevens, co-founder and west coast chief executive officer of Accelerated Marketing Partners. “We’re letting the …
US Property »
The Simms building in Albuquerque is to be offered for sale in a foreclosure auction sometime within the next three months.
Silar Special Opportunities Fund, a New York City hedge firm that loaned ex-owner Troy Baillio the funds to buy the historic building, is moving forward with its foreclosure of the Simms
A receiver who will manage the 13-story Simms office structure and “preserve its value” soon should be appointed, says Charles Seibert of the Rodey, Dickason, Sloan, Akin & Robb law firm.
“Silar also is commencing the legal steps required to …
Property News, US Property »
Starting Tuesday, March 25, 2008 at 1pm, and running through Thursday, March 27, 2008 an auction of houses will take place at the Doubletree Hotel-Dearborn. On Saturday March 29 and Sunday March 30, more houses will be auctioned at the Ford Motor Company Conference & Event Center.(near The Henry Ford/Greenfield Village)
According to literature provided by Hudson and Marshall, the company operating the auction, all properties have insurable title, no back taxes and no liens. Details concerning the auction are available at www.hudsonandmarshall.com.
US Property »
On Saturday, March 22, open houses will be held at 26 brand new MW Johnson homes being sold at an unreserved Ritchie Bros. auction in Minneapolis on March 29, 2008. The townhouses and single-family homes are located in both Minnesota and Wisconsin in new family-oriented neighborhoods within 60 miles of the Twin Cities. Each of them will be open to the public from 1 – 4 p.m. this Saturday, giving interested buyers the opportunity to inspect the homes and decide how much they would be willing to bid on auction …
US Property »
Buyers seeking deals on homes in today’s chilled housing market will find an incredible buying opportunity at the five-day auction of Detroit area foreclosure homes. Nearly 700 bank-owned foreclosures will be auctioned by Hudson & Marshall on March 25th-30th. Valued from $2,000 to $500,000, there is a home for everyone from first time homebuyers to investors. Each home comes with title insurance paid for by the sellers.
“There is a glut of homes for sale in Detroit due to job losses and the city’s high rate of foreclosures. As a result, …
US Property »
The Space House, a local Chattanooga landmark on the side of Signal Mountain, sold at auction Saturday for the earthy price of $135,000.
“This is the most unusual property we’ve done,” said Terry Posey, one of three Crye-Leike Auctions auctioneers who conducted the sale. “The buyer bought it sight unseen, except on the Web site.”
US Property »
Michael Jackson’s Neverland Ranch is is still in foreclosure and proceeding to a public auction on May 14 in Santa Barbara, despite reports that the property have been refinanced and saved from the auction block.
The property was to be auctioned on Mar 19 after Jackson failed to pay 25 million pounds he owed on the 2,800-acre spread northwest of Santa Barbara, but the auction is now said to have been postponed until May 14.