Articles Archive for May 2008
Property News »
Williams & Williams, will auction 565 properties across the country in just 72 hours during the third week of May. Dean Williams, the company’s chairman and CEO, says, “From Florida to California, we expect more bidders than ever will be on the lawn and online, all seeking the opportunity that comes with an auction.”
The nationwide auction event is largely being driven by the foreclosure fallout. “Just as foreclosures have sharply increased, the number of auctions is on the rise,” says Williams. “Both those hoping to avoid foreclosure and those wanting …
US Property »
Moultrie, Ga – Myers Jackson, CAI, AARE, CES, e-PRO, a licensed Florida and Georgia real estate broker and real estate auctioneer, has been commissioned to conduct Florida and Georgia real estate auctions for seventy properties. Jackson and his team from United Country Certified Real Estate Auctions Moultrie office is hosting Online Only Real Estate Auctions that begin closing Tuesday, May 20th, Wednesday, May 21st and Thursday, May 22nd, 2008. Details, registration and all terms and conditions on this real estate auction are highlighted online at Online Only Real Estate Auctions …
UK Property »
The first live online property auction in the UK will be held by Feather Smailes Scales LLP using the online system at i-bidder.com, on May 15 2008.
The auction will enable users to go online and to watch the action in real time and bid for any one of the 14 commercial or residential properties being offered for sale.
Auction info www.i-bidder.com
US Property »
Pawtucket, RI – JJManning Auctioneers is proud to offer this 131,388+/- sf. industrial manufacturing/distribution facility suitable for a wide variety of uses including industrial, wholesale/commercial, public utility, storage, etc. at absolute auction wherein the property will be sold to the highest bidder regardless of price. Prime location in the center of the Pawtucket Industrial District. Close to the I-95 & Rt. 1 interchange and public transportation providing easy access to downtown Providence.
TAX ASSESSMENT: $1,383,900 ($420,200 Land & $963,700 Bldg.)
APPRAISED VALUE (12/05): 1,315,000
RE TAXES (2008): $27,650.32
PROPERTY ID: Parcel 440592 (Plat 44A, …
US Property »
The auction of Michael Jackson’s Neverland Ranch has been canceled again, just five days before the 2,900-acre spread was set to be sold in public to the highest bidder.
Jackson may have reached a refinancing agreement with Fortress Investments, the loan holder. They currently hold a $23.5 million note on the property.
UK Property »
Lenwood Country Club complex in Bideford, North Devon will go under the hammer at Colliers CRE’s auction in London onMay 13.
The club, in Northam, closed down a year ago following the bankruptcy of its owner.
The auctioneers say the property is “a large and well established country club with leisure facilities set within an eight-acre site.
Clubhouse facilities include reception, bar, kitchen, function rooms, former gym, three squash courts,
snooker room, sauna and changing rooms. Treatment rooms and staff residential accommodation are on the first floor. Outside, there is a large car park, …
US Property »
Landbidz.com is a community of land investors buying and selling land everyday in an exciting online auction format. Although a new company, Landbidz.com is already 13,000 members strong, this membership includes some of the internet’s largest online land liquidators! Since May 1st 2005, Landbidz.com sellers have sold thousands of properties. The site has received tens of thousands of bids in the same timeframe making top sellers very pleased with their results. “We are embracing the online land auction community by developing a meeting place where all the community can have …
US Property »
RIVERSIDE, Calif – VSE Corporation and Rick Levin & Associates, Inc. will conduct an auction of seized and forfeited property on behalf of the U.S. Department of the Treasury. Other agencies that are participating include: U.S. Customs & Border Protection, Immigration & Customs Enforcement, Internal Revenue Service and Secret Service.
Proceeds from the auction are returned to these agencies through the Treasury Asset Forfeiture Fund for the continuation of their enforcement efforts. These efforts resulted in the confiscation of ill gotten gains from a violent criminal’s money laundering scheme and catching …
US Property »
Atlanta, Georgia – Real Estate Disposition Corp., the largest foreclosure auction house in the U.S., has 700 foreclosed properties owned by banks on the auction block at the Georgia World Congress Center in Atlanta, Georgia.
The auction, according to a NBC 11Alive news report, is one of the largest foreclosure auctions in the city’s history. Hundreds of home buyers bid on houses, town homes, and condos listed tens of thousands of dollars below market value.
It’s the only place you can find a $100,000 home with a starting price of $1000, the …
Property News »
Land where the failed Bahama Island condominium resort was supposed to be built is scheduled to be sold Monday during a foreclosure auction, but it still is not clear whether condo purchasers who lost $5.4 million worth of deposits will share in any of the proceeds.
Bahama Island’s developers were supposed to keep the deposits in an escrow account, but instead used the money to pay themselves, for travel and other personal expenses and for unrelated projects.
The misspent money has sparked an ongoing federal criminal investigation.
The Bahama Island foreclosure auction will …