The auction is open to the public with no restrictions. Anyone can attend and bid on the property. Bidding to Start at $1,000 per Property
New Orleans, LA (PRWEB) December 19, 2011
The New Orleans Redevelopment Authority (NORA) has commissioned Gilmore Auction & Realty to auction 115+ properties on Saturday, January 21st at 10:00 a.m.
The auction will be held at UNO, Human Performance Center, 2000 Lakeshore Dr., New Orleans, LA 70124. Bidding will begin at $1,000 on each property. Properties will sell to the highest bidder. NO MINIMUM, NO RESERVE. Interested bidders are encouraged to visit http://www.gilmoreauction.com for property information, photos and pre-registration. Instructions on participating in person at the auction or online bidding are also available on the website.
Properties include single family homes, duplexes and vacant lots. The properties are located throughout New Orleans in Lakeview, West End, Navarre, Mid City, Holy Cross, Hollygrove, Bywater, Central City, Dixon, Lower Ninth Ward, McDonough, Seventh Ward, St. Claude, St. Roch, Village de Lest, West Lake Forest, Milan, Bayou St. John, Desire and Gert Town. Bidders must bring a $500 Cashier’s Check to the auction. This $500 will be part of the 10% deposit due auction day for winning bidders. There is no cost to bid and no Buyer’s Premium.
Winning bidders will agree to rehab or begin construction on the property within 12 months and keep it free from blight. Bidders may use the property for green space if they are the direct adjacent property owner.
Please visit http://www.gilmoreauction.com for more information.
For additional information:
David Gilmore , Francis Braud or Pierre Mouledoux – 504-468-6800
Email: Chrissy Brignac – chrissy(at)gilmoreauction(dot)com