“These are quality commercial and residential properties with low opening bids,” said Peterson. “This is an ideal opportunity for investors and the general public to take advantage of some prime properties offered at favorable price points.
Chicago, IL (PRWEB) October 02, 2012
Auctions by ATG has announced the firm will host two upcoming auctions. The firm currently is accepting bids in an online-only auction featuring residential properties available now through October 19. A live and online auction planned for October 10 will offer both residential and commercial properties and pre-auction bulk purchase opportunities.
“We are building off the success of our June auction and launch of our online bidding website and service,” said Diana Peterson, executive vice president of Chicago-based Auctions by ATG. “Auctions by ATG’s online bidding website and service is unparalleled in Illinois and allows for the greatest amount of bidding ease and transparency available today.”
The Auctions by ATG bidding website provides bidders extensive research and analytical tools to evaluate properties prior to auction, as well as offering total transparency. By viewing live-streaming video of the live auction and a live bid cast in real-time, bidders can observe the auction and electronically raise their bids from anywhere, even from a smartphone. Alternatively, bidders may confidentially submit their initial bid and maximum bid to the bidding service, in advance of the auction. The bidding service staff then bids on their behalf in response to other bids being placed, up to their maximum bid.
“Our online bidding platform allows bidders to participate in our auctions with the utmost ease and confidence,” said Peterson. “We have designed this platform to appeal to large investors and allow buyers the opportunity to bid with complete transparency from across the country.”
The current online only auction features 16 residential properties in the Chicago area and ends at 2 p.m. (CST) on October 19. It includes single-family homes, condos and vacant lots located in Chicago, Rockford, Aurora, Lisle, Dolton, Hazel Crest and Loves Park. Opening bids start as low as $5,000 for several of the properties.
“These properties were previously purchased at tax lien sales and are priced very attractively,” said Peterson. “This auction presents a great investment opportunity for both investors and the general public.”
Bids are currently being accepted at the firm’s online bidding site, http://www.atgbidder.com.
“Our October 10 live and online auction will feature residential and commercial properties from large investor portfolios as well as some bank owned properties,” said Peterson. “In response to private equity and other large investor interest in bulk sale opportunities, we will also offer buyers the option to purchase many of these properties in bulk prior to the auction. We anticipate offering as many as one hundred properties in our October 10 auction.”
The October 10 auction will consist of single family, condo, multi-family, commercial and vacant lots in Chicago, Chicago Heights, Calumet City, Berwyn, North Riverside, South Holland, Bellwood, Maywood, Skokie, Des Plaines, River Forest, Glenwood, Schiller Park and Lansing.
“These are quality commercial and residential properties with low opening bids,” said Peterson. “This is an ideal opportunity for investors and the general public to take advantage of some prime properties offered at favorable price points. It also represents our entry into the increasingly popular bulk sale market.”
Interested parties should visit http://www.auctionsbyatg.com to register to bid and join the mailing list to receive upcoming auction notices.
Launched in June, Chicago-based Auctions by ATG, a provider of live and online real estate auctions, is a wholly-owned subsidiary of Chicago-based Attorneys’ Title Guaranty Fund, Inc.
About Auctions by ATG
Auctions by ATG, a wholly-owned subsidiary of Chicago-based Attorneys’ Title Guaranty Fund, Inc., is a provider of live and on-line real estate auctions. The firm offers multiple residential and commercial platforms including: REOs, short sales, luxury homes and other properties, developer units, notes and bulk sales. To its lender, servicer, and other seller clients, Auctions by ATG provides a more cost effective, quick and professional auction platform than its competitors. To investors and home buyers, Auctions by ATG offers: property at attractive prices; a professional and transparent bidding process; and access to substantial property and title research.
For more information about Auctions by ATG, visit the firm’s website, http://auctionsbyatg.com/.
To learn more about Attorneys’ Title Guaranty Fund, Inc., please visit http://www.atgf.com/.
# # #
Editors: For more information or to schedule an interview, contact Mark Thomton at (312) 267-4523 or mthomton(at)taylorjohnson(dot)com.