For this online-only real estate auction, there are no dollar minimums and no reserves
Atlanta, GA (PRWEB) February 3, 2009
Rowell Auctions, Inc., a licensed real estate broker and real estate auction company, has been commissioned to sell at public auction more than 120 bank foreclosed properties beginning Tuesday, February 3 with closings to begin Tuesday, February 17.
The 123 highly sought-after properties located throughout the metro-Atlanta and surrounding areas include new homes, townhouses and premier subdivision lots. All bidding will be conducted exclusively via the internet online at RowellAuctions.com where complete property information and bid closing times for each property can be found.
Mark Manley, CAI, CES, AARE, of Rowell Auctions says that the large number of first-rate properties is expected to generate widespread interest.
"For this online-only real estate auction, there are no dollar minimums and no reserves," he says. "With these highly desirable properties selling regardless of price, I expect interest bidding to be fairly aggressive."
From modest two-bedroom homes and lavish executive residences to prime subdivision lots, a myriad of diverse houses and properties will be available to the public beginning February 3.
While prices for bank foreclosed homes vary, investors are generally able to purchase them for a fraction of market price. Bank foreclosed properties offer a number of opportunities for the purchaser and with the broad options Rowell Auctions, Inc. offers, bidders are sure to find a home or lot that meets their individual needs and is within their budget.
In view of today's challenging real estate environment, auctions give buyers a market advantage. According to Manley, "online auctions are preferable because they allow qualified buyers the opportunity to post bids from virtually anywhere and forego having to attend a live auction."
About Rowell Auctions, Inc:
Established in 1936, Rowell Auctions, Inc. has provided clients with the most comprehensive marketing services for more than 71 years. The company's auction marketing professionals sell real estate and other substantial assets throughout the nation through online internet auctions and live auction events.
For more information about this auction, please visit http://www.RowellAuctions.com or call 1-800-323-8388.
Mark Manley, CAI, CES, AARE