Online Auctions give the public what they want and, at the same time, the “private auctioneer sale” makes the foreclosure auction process more efficient.
Columbus, OH (PRWEB) February 02, 2014
Gryphon Auction Group and auctioneer Richard Kruse are at it again with another online only real estate foreclosure auction scheduled for February 20, 2014. The property, 2358 D Woodbrook Circle South, Columbus, Ohio is a townhome style condo with 2 bedrooms and 1 bath. The complex also contains a clubhouse and pool. Minimum bid is only $12,710.00
“We’ve conducted these types of sales in a live format around Ohio, however the public has become extremely comfortable buying online. Online Auctions give the public what they want and, at the same time, the “private auctioneer sale” makes the foreclosure auction process more efficient and user friendly” said Richard Kruse, president of Gryphon USA, Ltd. and Gryphon Auction Group.
Under Ohio Revised Code Section 2329.151, the public auction of real property levied upon by execution is to be conducted personally by an officer of the court or by a licensed auctioneer. Ohio Revised Code Section 2335.021 provides that a court may appoint an auctioneer to conduct an auction of real property required in lieu of the county Sheriff.
Bidding for 2358 D Woodbrook Circle South is open now through 10:30am, Thursday, February 20, 2014. Bidders can register through http://www.gryphonusa.com under Real Estate Auctions or on our sister site at http://www.onlineauctionusa.com. Gryphon USA can be contacted at 614-885-0020 or by email at [email protected]
Additional online foreclosure auctions and receiver sales are currently pending court approval in central Ohio.
Gryphon USA, Ltd. is a multi-faceted asset management and liquidation firm focusing on the operations and dissolution of single assets through and including entire companies. Gryphon maintains a receivership and asset management group commercial auction practice art, antique and pottery auction group and real property management group. Traditional real estate transactions are managed through Borror Properties Real Estate.