REAL ESTATE AUCTIONS, PROPERTIES SOLD FOR 22% OF ORIGINAL VALUE
By Juan Noriega
(Keller Williams Realty Professionals)
I attended Hudson & Marshall Auction yesterday at the Hyatt Bonaventure 300 properties we auctioned; this was my first time ever attending one of these events. And while I went there with one of my investor clients I must say that going to one of these events was a phenomenal experience, I wrote every single one of the prices that each home sold for as I like to keep it as a good indicator for future reference. Here is what my client purchases keep in mind that before bidding on anything you MUST perform your due diligence on the property, inspections, comparables, restrictions etc. Unit in Downtown West Palm Beach originally sold for $342k in 2005 we got it for $112.500 intracoastal front. Coral Springs condo originally sold for $272k in 2005 we got it for $62.500 AMAZING DEALS!!!N...
Comments
6