Fairfield Residential, LLC, a leader in the multifamily home industry, has directed Sheldon Good & Company to conduct a developer closeout auction of the remaining two-and three-bedroom residences in the 404-residence Ashmore at Germantown condominium community.

The auction will be conducted on Sunday, November 16th at the Hilton Rockville Hotel and Executive Conference Center. Sheldon Good is offering a 2% cooperating broker fee; and to successful bidders who opt for a “quick close” within 10 days, a 2% pricing discount from already-low auction pricing.

Starting October 18th Sheldon Good will hold open houses at The Ashmore at Germantown, located at Carlow Point Circle off Waterford Hills Drive, every Saturday and Sunday from 11:00 a.m. to 3:00 p.m. each weekend up to the November 16th auction.

“As the market gets tougher, smart sellers of residential properties become more creative. Over the past decades, we’ve found auctions to be the successful and versatile alternative for traditional residential sales programs. The Ashmore at Germantown’s owners have invested time, talent and money in creating a totally unique lifestyle and are ready to complete their effort by moving the residences as quickly as possible,” said Sheldon Good Chairman and CEO Steven L. Good.

For further information, please call Sheldon Good & Company at 1-800 315-2199 or log onto www.sheldongood.com

Posted: 09|20|08 at 12:19 pm. Filed under: US Property.