10-23-2008, 04:53 AM
I didn't get to this auction since there was a big pig in the trap that had to be dealt with instead.
Did anyone else go? How well attended was it? Any idea on roughly how much lots were selling for? Close to what a Realtor would get?
I've been to quite a few of these tax auctions in times past. Around 2004/2005 there were crowds out the door. The last auction I went to earlier this year wasn't all that well attended. The lots still sold for real close to the price you'd have to pay to buy it from a Realtor, though. If you buy a lot from a Realtor it doesn't have the year long right to redemption and has a clearer title, too, I think. If one is going to get a lot which may or may not have problems, one would think the price would be significantly reduced.
Anyone go to this last auction?
Did anyone else go? How well attended was it? Any idea on roughly how much lots were selling for? Close to what a Realtor would get?
I've been to quite a few of these tax auctions in times past. Around 2004/2005 there were crowds out the door. The last auction I went to earlier this year wasn't all that well attended. The lots still sold for real close to the price you'd have to pay to buy it from a Realtor, though. If you buy a lot from a Realtor it doesn't have the year long right to redemption and has a clearer title, too, I think. If one is going to get a lot which may or may not have problems, one would think the price would be significantly reduced.
Anyone go to this last auction?
Kurt Wilson